You are leaving out some very important things: - Price stability itself has a value for electricity consumers. Insulating consumers from the price variation

You are leaving out some very important things: - Price stability itself has a value for electricity consumers. Insulating consumers from the price variations that come from the inherent variability in supply and demand is a major "feature" of retail electric service. While one could provide their own stability with enough personal batteries and generators, practically that's only really possible for the wealthy. - Lack of regulation around planning, upkeep, maintenance, and backup planning results in short-term profit maximization among generators (and cost minimization among consumers who enjoy very low electric rates in the short term) leads to situations like the catastrophic Texas outages of 2021. Now that Texas has legislated price-caps (which is direct economic regulation) [1], typical rates will rise. 1. https://www.texastribune.org/2023/05/22/texas-electricity-power-plants-performance-credits-bill/ https://www.texastribune.org/2023/05/22/texas-electricity-po...