In today's San Diego Union Tribune there is an article about the possibility that the California Public Utilites Commission (CPUC) may open the system to allow private residents and businesses to buy power directly from suppliers.
Do they not remember the summer when California had an electrical power crisis? The brown outs? The spiraling costs? The fact that the first deregulation fiasco cost us BILLIONS? That it cost Gov Davis his job?
The simple truth is they remember. So, when it isn't obvious why they'd do this, follow the money. The CPUC is being petitioned by businesses for this. Somebody sees a way to reduce their costs, probably leaving all the unrecovered costs from lat time to the regular folks. I really hope the CPUC comes to its collective senses, but I'd bet against it.