Three months have passed since the retail sale of electric power was fully liberalized. Approximately 300 companies have since entered the business of generating and selling electricity, and more than 1 million consumers have signed contracts with them, switching from the major power companies that have monopolized each region.
Some of those consumers may be feeling satisfied with new lower power rates, but their satisfaction could be short-lived. They may well end up shouldering the huge cost of the liberalization program.
There are hidden costs related to generating and supplying electricity that consumers never catch sight of because they are not listed on their monthly bills. These hidden costs are so huge that they could erase any benefits to consumers.
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