01/16/2002 |

Bottom Line Energy Issues - January 2002 - Part 6 of 6

If these state summaries illustrate any conclusion, it might be this. State-by-state legislation for retail competition is producing a wide range of policies, all pursuing political correctness in different ways. Unless and until state legislators permit energy prices to move up as well as down to send market signals to producers and consumers alike, building owners will face a bewildering range of uncertainties in managing their energy costs. Now you must take responsibility for assuring your tenants of the reliability and energy services they depend on you to provide. Welcome to the rest of your life.

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