Miami Herald: State Supreme Court to decide fate of plan to open electricity market to competition

Why are people so afraid of competition?

From the Miami Herald: The colossal fight to open electricity generation to competition in Florida — which is being led by a Gainesville-based natural gas marketing company — made its way before the new-look Florida Supreme Court on Wednesday and it became clear the constitutional amendment drive is no David v. Goliath battle.

It looked more like David versus the world.

The measure, known as Florida Energy Choices, asks voters to approve a major restructuring of electricity markets by giving consumers the right to choose their providers by dismantling the state’s existing utility giants.

The concept is modeled after Texas, one of 17 states and the District of Columbia that have opened their monopoly-owned retail electricity markets to competition since the early 1990s.

Read the full story in The Miami Herald.