Moving Forward: A Road Map for Choice and Competition

"Choice and competition can drive Arizona's electricity market to produce more power at a lower cost - with greater economic efficiency propelling greater economic growth and job creation. Since restructuring their electricity markets for choice and competition, Pennsylvania and Texas have seen their capacity increase nearly 25 percent and 45 percent respectively. Texas has seen prices drop 13 percent below the national average. Texans choose among numerous competitive electricity retailers and plans, much like Arizonans choose from multiple cell phone service companies and plans. These experiences are not isolated - countries around the world, including the United Kingdom, New Zealand, Canada and Chile, have similarly restructured their markets for choice and competition, and have similarly experienced greater capacity and lower prices as a result."