@article{THESIS,
      recid = {14666},
      author = {Delaney, Luke},
      title = {Electricity Market Deregulation in Illinois: What Did it  Do for Residential Customers?},
      publisher = {University of Chicago},
      school = {B.A.},
      address = {2025-03},
      number = {THESIS},
      abstract = {In the 1990s and 2000s, Illinois joined many American  states in deregulating its electricity markets to create  new, cheaper options for residential customers. Despite  this, a competitive retail electricity market has not  emerged in Illinois, where incumbent utility companies  continue to supply lower-priced electricity than the  Alternative Retail Electricity Suppliers (ARES) that were  supposed to compete with them. I will draw from government  statistics, expert interviews, and public documents to  explain why ARES struggle to compete with incumbent utility  companies and why some customers choose to switch to ARES  despite the often higher prices. I will demonstrate that  the incumbent utility companies’ price advantage over ARES  results from conditions in the energy market over the past  decade, not from an inherent feature of Illinois’s retail  electricity market. In a country without a consensus on  energy market deregulation, where different states have  deregulated their energy markets to vastly different  degrees, case studies such as this one help reveal how an  individual state’s combination of policies affects ordinary  customers.},
      url = {http://knowledge.uchicago.edu/record/14666},
      doi = {https://doi.org/10.6082/uchicago.14666},
}