By definition, energy deregulation just means that you as a consumer now have the power to choose which company you want servicing you and delivering electricity to your home. Back in the day, electricity used to be supplied by one power source, one utility, per state/per city (depending on where you live) – they controlled the \”flow\”, so to speak. They have all the hardware: cables, transformers, electrical wires, etc. One utility meant one price. Today, providers (the ones that buy the electricity from the utility) now offer competitive prices and have added customer service into the mix: Does the electrician/technician get there on time? What is the turn-around time for turning the power back on (for those who have experienced getting cut off)? Was the operator polite or rude to you when you called?

Currently there are 31 states that have this in place. It is further divided into two: electricity and gas. In layman\’s terms: only your gas is regulated or just your electricity or both. Some states only have PC or \”partial choice\” – it means that Neighborhood A has a variety of providers in their area from which they can pick from, but unfortunately for Neighborhood B, they only have one available to them. And in some cases, that provider is just doing trial service.

Confused? Let me expound. Say for example you\’re buying a laptop. You do your homework of course: research on the Internet, check specs, read consumer reviews, interview friends who have the same brand that you want to purchase, etc. You get to the store and the salesclerk gives you two options: Laptop X and Laptop Y, saying that both are top-notch, state-of-the-art computers with impressive features. There\’s a catch, right? Nope, no catch. What\’s the problem? Nothing. They just have different prices. Laptop X is $250.00 and Laptop Y is $200.00. Same performance, same durability and capability, only competitive pricing. That, my friend, is what energy deregulation means in a nutshell. The same goes for natural gas.

Some of the benefits are as follows:

– The ability of the consumer to choose which retailer they\’ll have to provide their electricity

– Competitive pricing. If one retailer lowers their price, the others will follow – just so they can keep their patrons and attract new customers.

One thing to take note of: prices depend on the Public Utility Commission of your state. If they say it\’s $100.00, the retailers will take that and then they recalculate that and sell it to you for profit. So if your state PUC sets the price very high, retailers\’ prices get jacked up too.

As a consumer, what do you look for when purchasing something? The price? Effectiveness (how many times do you have to use something before it breaks down or crashes or gets broken)? Sustainability (what keeps you coming back for more?)? Or do you just buy something because the sales person was \”nice\”? Choosing your electricity provider should also have the same considerations. After all, they are literally giving you power at your fingertips.

Are you looking for more information regarding energy deregulation? Visit http://www.Ambit2Save.com today!

Are you looking for more information regarding energy deregulation? Visit http://www.Ambit2Save.com today!

Author Bio: Are you looking for more information regarding energy deregulation? Visit http://www.Ambit2Save.com today!

Category: Business
Keywords: energy deregulation,electricity competitive