Notes on consumer sovereignty and production

None of the following is possible in electricity given the way the sector has been structured via decades of legislation and regulation. "...market prices convey as much accurate information as possible when consumers are as free as possible to spend their incomes as they choose, and producers are as free as possible to compete for consumer expenditures. Only insofar as consumers are sovereign– that is, only insofar as individuals as consumers are free to spend their incomes as they choose and businesses are free to compete as they choose for these expenditures– is there a flow of reliable information to guides businesses, entrepreneurs, investors, and workers to ‘produce’ in ways that are truly productive." It would however be possible if states enable Consumer Regulated Electricity or CRE. Contact us to learn more and follow us right here on LinkedIn.

https://link.springer.com/article/10.1007/s11138-025-00669-3