The Electricity Oversight Board (EOB) was established as part of California's effort to restructure the electricity market in 1996. The goal of the EOB was to ensure that wholesale energy markets and the electric transmission system function reliably and provide electricity at fair costs to California's consumers and businesses. The EOB's primary means of pursuing these goals has been to monitor electricity markets in order to guard against price manipulation by electricity producers, and to pursue refunds of alleged overcharges during the energy crisis of 2001. More.....