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 <title>Lessons Learned From Electricity Restructuring: Transition to Competitive Markets Underway, but Full Benefits Will Take Time and Effort to Achieve</title>
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<abstract>The electricity industry in the United States is undergoing major
change, the outcomes of which will affect every consumer. The	 
industry is restructuring from one where electricity prices are  
set by regulation to one in which competitive markets set the	 
price. GAO was asked to report on the extent to which federal and
state actions, to date, have achieved the goal of restructuring. 
GAO discusses lessons learned from efforts to date.</abstract>
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