Eighteen years ago, California was faced with rolling blackouts and a major energy crisis. It may not seem like it, but another energy crisis is brewing – this one caused by cities getting in the business of buying and selling electricity.
It was a lack of oversight and poor deregulation that led to those blackouts, when bad actors such as Enron saw an opportunity to game the system, manipulate energy markets and ultimately crash power grids.
Now, government-run energy programs – also known as Community Choice Aggregation – are unraveling the centralized planning and service California needs to keep the lights on.
As the former mayor of San Diego, I can see why CCAs are attractive to some local lawmakers since they’re billed as cheaper and greener alternatives. But they aren’t delivering on their promises and it’s not a program I would have introduced to taxpayers.
Jerry Sanders, former mayor of San Diego, is president & CEO of the San Diego Regional Chamber of Commerce. He can be contacted at [email protected].