Electricity deregulation is a win for consumers

Electric Deregulation can help you reduce your electric bill!

Until recently, consumers had just one choice regarding their electricity Electric Deregulationprovider. You either purchased electricity from your local utility company, or you lived in the dark, so to speak. Times have changed, though, and in 15 states, consumers can now comparison shop for electricity just as they can shop around for the cheapest car insurance. This is how deregulation can help you reduce your electric bill.

More energy providers = More competition = More savings for you!

 

Current States we offer deregulated electric suppliers:
Connecticut, Pennsylvania, Texas

Have you ever examined your monthly electric bill? If you have, you’ve noticed that there are typically two charges: a supplier charge for the generation of electricity, and a delivery charge for the distribution of that electricity along power lines, poles, and towers. In the olden days, your local utility company acted as both the supplier and the deliverer of electricity.

If you live in a state that allows electricity deregulation, however, you can now choose the company that supplies the electricity that flows from power lines into your home.

Deregulation separates the energy supplier from the deliverer.

In the wake of electricity deregulation, local utility companies in the 15 participating states were made to sell their electrical generation plants. They kept their means of energy delivery (i.e. lines, poles, towers), but the business of supplying energy was opened to include independent energy providers, like us. With the electricity industry no longer a monopoly in towns and cities across the nation, homes and businesses began to see a drastic decrease in their electric bill. Now, consumers could choose from dozens of competitive energy providers offering lower rates than those of local utility companies.

More power for the consumer.

Government laws require local utility companies to work with consumers who opt for a different, more affordable energy supplier. For consumers, the transition is seamless. You’ll still use the utility company’s same system of power lines, but now you’ll be able to choose who you get your power from, and the price that you’re willing to pay for that power.

Two energy companies, one lower rate!

Though you’re now working with two companies - a supplier and a deliverer - you’ll still receive just one electric bill. The bill will continue to come from your local utility company, but now, it will reflect the lower electric rates of your new energy supplier. If you have a power outage or any other service-related issue, you’ll still contact your local utility company to correct the error. The only change that you, the customer, will see is a clear decrease in your monthly electric bill. It really is that simple.

You’re in the driver’s seat. Make today the last day that you overpay for electricity.


Publish Date: 2010-04-17 15:06:19

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