Restructuring Has Allowed For Competitive Energy

Restructured of the utilities industry brings about competitive energy options that represent a long overdue change in the way the utilities industry operates. Before restructured (and currently, for regions still under regulated control), single large monopolistic utility companies had complete control over the sale and distribution of one or more commodities (such as electricity, natural gas and water) in their region. Thankfully, for a growing list of over twenty states that have adopted restructured in favor of competitive energy, this is no longer the case.

Restructured has opened the door to competitive energy by allowing smaller local utility providers and commodities brokers to step in and take over the billing aspect of the business by selling utility services directly to the people and organizations that use them.

This is as opposed to the traditional method of relying on regional distributors to purchase and resell these types of services in accordance with state and local regulations. Such regulations were designed to keep prices in check, but due to the sheer size and wealth of regional utility providers, they had much more control over commodity prices than they should have.

Under restructured, regional distributors still control and maintain the infrastructure and the delivery systems in order to ensure that the quality, safety, and reliability of provided services remains the same for all effected consumers.

The only thing that restructured changes for consumers in restructuring regions, is that they now have the power to choose which provider within a competitive energy market best suits their needs in terms of cost, service availability, and a number of other factors that they previously had no ability to control.

One of these factors is that under restructured, environmentally conscious consumers now have the ability to “go green” or reduce their carbon footprint by choosing a supplier that offers a plan with a higher renewable content or even one where only (100 perecent) renewable sources are used.

Prior to restructured and the ensuing competitive energy market, the only way to take advantage of renewable technologies was for the consumer to install and maintain the production equipment on their own property, using their own money.

For most, this is simply not a feasible option as they do not have the time, or the money to invest in such undertakings. Thus, restructured has quite literally opened the door for progression in the renewables sector.

Progression in the renewables sector also equates to advancements in the traditional energy sector as increasing use of renewable sources leads to innovation as a means to come up with cleaner and greener methods of producing commodities and reducing or capturing the greenhouse gas emissions associated with traditional production methods.

What this all boils down to is that restructured of the utilities industry is a very good thing that provides very good results. Not only are these results quantifiable by the relatively small businesses and brokers that benefit from the direct sale of utility services, they also equate to savings and more options for consumers, and innovation in technologies that make energy cleaner and more affordable for all.

If you are thinking about switching from your electric company to a new electric supplier or you need additional information on competitive energy visit mxenergy.com.

Please visit us at http://www.mxenergy.com/ for all your energy needs.

Author Bio: If you are thinking about switching from your electric company to a new electric supplier or you need additional information on competitive energy visit mxenergy.com.

Category: Home Management
Keywords: competitive energy, affordable energy, energy provider, energy prices, energy assessment

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