In the past few years,Maine's electric utilities have begun to face the forces of competition.Maineis experiencing the effects of a national trend, a shift from a traditional and regulated system to a more innovative and competitive one. William C. Perkins analyzes a number of potential costs and risks of full-scale retail wheeling. This article is taken from the author’s presentation at a December 1994 conference entitled ”Retail Wheeling,” sponsored by the Margaret Chase Smith Center for Public Policy's Project for the Study of Regulation and the Environment.

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