Deregulation Information
What does energy deregulation mean?
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Today, there are 22 states involved in some form of energy deregulation program. Many other states have deregulation legislation on the docket moving forward. Prior to deregulation, organizations were forced to buy electricity and natural gas from local utilities that monopolized the power industry. Deregulation allows individuals and companies to choose their energy service companies (ESCOs) from a variety of energy supply sources. The competition leads to lower natural gas and electricity rates and increases the level of customer service because energy companies are now competing for your business.
How does the deregulation of energy work for your business?
Your energy service is broken into three distinctive parts.
1. Suppliers – the energy companies responsible for selling you, the
Customer, the energy product.
2. Transportation and Distribution Centers – the companies that are responsible for transporting the energy supply from its source to the receiving station of the utilities.
3. Local Distribution Center – the utility that delivers the electricity by wires and natural gas via pipes to your home or business.
We specifically work with the suppliers to secure the best possible rates.
