Software problems will delay California's plan to open up its monopolistic power industry come the new year. The organizations set up to run the competitive market - featuring some 200 suppliers - said the new system is functioning but hasn't been tested enough to ensure that billing would be error-free. There was no speculation on when the problems would be ironed out. But in any case, the power will continue to flow, and a 10 percent price cut will kick in on 1 January as scheduled.
Energy Deregulation
Software problems will delay California's plan to open up its monopolistic power industry come the new year. The organizations set up to run the competitive market - featuring some 200 suppliers - said the new system is functioning but hasn't been tested enough to ensure that billing would be error-free. There was no speculation on when the problems would be ironed out. But in any case, the power will continue to flow, and a 10 percent price cut will kick in on 1 January as scheduled.
