Energy Deregulation Gives Us Choice
Energy deregulation has been a fact of life in the U.S. for nearly 2 decades. Yet there are still plenty of people unaware that they have a choice when it comes to who supplies their energy. What does energy deregulation really mean to the average consumer? Let's take a quick look.
When I say energy, I am talking electricity and natural gas, more specifically, energy supply. Most energy bills break down into 2 sections, Delivery and Supply. In most states, energy is delivered by major utility companies, like National Grid and NStar in my home state of MA. There are many other utility companies across the U.S. The other side to the business is energy supply, and this is open to competition. There are hundreds of companies offering energy supplies to the consumer, and in most cases, it means competitive pricing, thus a benefit to the consumer. It also gives us CHOICE... which I think is the bigger deal here. The utility companies only offer one rate plan, while many suppliers offer the consumer a multitude of plans to choose from, giving us control of how we order and pay for energy supply. Energy is bought on the commodities market and prices flucuate with demand. This past winter was unusually harsh and energy prices soared, raising havoc across the country. If you were a smart consumer, you avoided most of this problem by switching to a fixed rate plan, showing the beauty and the power of choice.
Another benefit to deregulation has the been ability of the average person to cash in on this energy bonanza. Many wealthy investors, including Warren Buffet have trumpeted the investment opportunities available through deregulation. Here's an article where you can learn more...
Michael Connell 978-640-1900
Home & Business Services Unlimited
http://mikeconnell.acndirect.com
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