Enron's Impact On Energy Costs

June 2002
Financial Executive;Jun2002, Vol. 18 Issue 4, p11
Academic Journal
The article looks at the effects of the Enron Corporation's collapse on energy costs. Several of the former energy company's former consumers are facing higher energy costs due to their contracts being dumped following Enron's closing. The author notes that, while energy costs are lower than they were when Enron signed many of its contracts (thus giving consumers the opportunity to look for and negotiate better deals), many states regulations dictate that contracts will quickly revert back to the local utility tariff, thus ruining the chance for companies to maximize savings.


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