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Benefits of Energy Deregulation
Choice is good. Choice breeds competition, and competition breeds better products and
services.
There was a time in our country when people had no choice when it came to the energy they
were going to pay for. There was usually one company that offered power, and they set the
prices they wanted to charge. With the deregulation of energy, that is all changing. States are
adopting this practice to allow consumers to go out and shop for the best energy package
they can find. This gives people the choice and freedom they deserve to pay for the energy
that they want to use.
Not every state has adopted energy deregulation. In states that have adopted the policy, many
have had it written into law through their legislators. The choice, in some cases, goes
beyond just which company people can buy their energy from. In some states, people are allowed
to choose from public and privately owned companies, and companies that offer alternative
types of energy. People that are interested in their options should contact their state
government to see what their choices are.
The ability to choose the energy supplier has given consumers many benefits besides
finding the best price. Consumers are becoming much smarter about how they use energy, and
the type of company they buy it from. Some people might have a problem buying energy
from a company that burns coal, so they can opt to go with a company that uses a cleaner
or more efficient method. This is creating communities of people that are much more savvy
about energy use. That is a good thing for our entire country, and our planet.
A final thought to ponder about electricity deregulation is the recourse that consumers
have if they are not happy with their energy provider. Choice gives them the ability to
simply switch companies and find someone that meets their needs in a more satisfactory way.
This competition is good for everyone because it holds energy companies accountable for
putting forth a quality company. Choice is what our country is all about, and this is
an example of choice in action.