So no. That is regulation. In Texas they do not. We deregulated the electric companies years ago. Brad you are very confused.
AI Overview
No, government regulation of electric companies is not socialism; it is a form of
economic regulation, while socialism typically involves government or social ownership of the means of production. Regulation is a system to oversee private companies to ensure fair practices and prevent monopolies, whereas socialism is an economic system where the government owns or controls major industries.