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New York Energy Board Looks to Enact Consumer-Protection Measures.
Knight Ridder/Tribune Business News, April, 2001
By Kenneth Aaron, Times Union, Albany, N.Y. Knight Ridder/Tribune Business News
Apr. 5--Consumers are bound for a high-priced, volatile ride through newly competitive electricity markets if action is not taken to protect them, the New York State Electric & Gas Corp. warned Wednesday.
At the same time, NYSEG ratcheted up its dissatisfaction with findings from the non-profit group that oversees the state's power grid and electricity markets. The New York Independent System Operator last month urged creation of 8,600 megawatts of new electricity by 2005; NYSEG holds that target is "very unrealistic," said Ralph Tedesco, the company's president.
"Without delay, New York state must act to provide real solutions to the state's looming energy...
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