Whatever Happened to the Promise of Cheaper Electricity? ...Middle East

OILPRICE - Economy

As readers of Adam Smith know, the market functions to provide consumers with goods and services at the lowest price (within limits set by law). Yet, several years ago, we submitted a piece claiming that restructuring the electricity industry had not produced noticeable consumer benefits, and the irate peer reviewer (we suspect a big shot restructuring maven ) retorted that you can’t prove a negative but added, “Who said that restructuring was supposed to benefit consumers?” On the first point, we simply opined that consumer benefits…

Hence then, the article about whatever happened to the promise of cheaper electricity was published today ( Wednesday 17/06/2026 - 11:12 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 17 June 2026 clock 11:12 PM

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Whatever Happened to the Promise of Cheaper Electricity? ...Middle East

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