Do you have energy choice?
Until the early 2000s, U.S. residents and businesses had little control over their electricity bills. Local utility companies sold and delivered energy in their designated areas. The state government set a price the utility could charge for its services, and that rate was reflected on consumers’ bills.
Now, fifteen states have embraced the power of energy deregulation, or energy choice. Under this new system, the government regulates utilities and the energy they deliver but allows other suppliers to offer you, the consumer, other competitive rates and plans.
Utility companies no longer have a monopoly on the energy business. Residents and businesses in deregulated areas now have a say in the priciest part of their energy bill—the energy supply—and still enjoy the same, reliable service. It’s a win-win!