FERC staff: RTO power prices at lowest levels since 2004 and 2002

FERC staff noted at the May 21st Commission meeting that wholesale power customers “are able to purchase summer power today at prices about half of what they were last year," and in some regional competitive markets, power prices are the lowest they've been since 2004 and 2002.

Here is a link to the Commission power point presentation: (http://www.ferc.gov/EventCalendar/Files/20090521112807-A3-05-21-09.pdf).