"Well, rates would go up whether you deregulate or not, and of course, the rates that are going up right now on the electricity side are still within the regulated framework"
- Kenneth Lay
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This quote by Kenneth Lay recommends that electrical energy rates will increase regardless of whether the market is decontrolled. He indicates that the present rate boosts are still within the bounds of the managed structure, recommending that the rate boosts are not due to deregulation. This suggests that the rate increases are because of other elements, such as the expense of production or the cost of providing services. Lay's quote suggests that deregulation might not be the very best service for managing electrical energy rates, as the rates might still increase even if the market is decontrolled. This could be due to the reality that deregulation may lead to increased competition, which might lead to higher rates. Ultimately, Lay's quote recommends that deregulation might not be the very best option for controlling electrical energy rates.
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