There seems to be many definitions of energy deregulation, but according to the U.S. Energy Information Administration the true definition of deregulation is “The elimination of some or all regulations from a previously regulated industry or sector of an industry”. There is no question that the electricity and gas sectors industry are undergoing a State by State deregulation process just like the telecommunications industry went through back in 1996. Deregulation has made it much more competitive for consumers to now choose whom they wish to work with to save on electricity and natural gas products.
Energy deregulation has been making a major transition from State to State over the past several years allowing for many energy providers to compete for customer market share based on both consumer service and price. The utility market had a monopoly for many years, and with deregulation on a State by State basis this has allowed for a separation of a monopoly wires and a meters company from the traditional generation company and the consumer company, thus allowing for a more competitive pricing market which ultimately keeps prices down. Consumers are finally beginning to win the battle on energy prices, and ultimately beginning to really save on electricity costs and natural gas.
Energy Deregulation on a State by State basis will ultimately prove to be very positive for the planet as well. Recent studies are beginning to show a definite decrease in pollution related to Energy Production, creating a renewable generator construction for consumers and their demands to save on electricity and natural gas. As we continue to move forward and additional States come on board in the deregulated energy markets, regulatory government entities are becoming less and less involved in price setting of your electric bill, which has allowed for a much more competitive market place. Finally, consumers no longer have to purchase from one energy provider. They now have the choice to choose from many competing companies for their energy needs to save on electricity. This has forced energy providers to become more efficient in everything they do, including pricing, or risk both becoming non-competitive and go out of business.
At present, deregulated electricity and gas are being implemented on a State-by-State basis. Some States have both deregulated electricity and gas, while others only have one or the other. However, there are many States that have not yet transformed their energy deregulation infrastructure. It’s important to note, that it’s not obligatory for each State to deregulate their energy needs and is completely reliant upon their specific energy situation. There are many States that have set the trend based on their energy consumption, and they are the first to put energy deregulation into practice. And as such, other deregulated energy providers have emerged on the scene.
The following States have deregulated gas or are currently running a pilot program for deregulation:
Maryland, New York, Georgia, Rhode Island, Washington, Florida, Illinois, West Virginia, Indiana, Iowa, New Mexico, Massachusetts, Michigan, Virginia, Montana, Nevada, New Jersey, Ohio, Pennsylvania and Washington DC .
The following States have only deregulated electricity:
Washington DC, Pennsylvania, Connecticut, Arizona, Montana, Maine, Arkansas, New Mexico California, Delaware, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Hampshire, New Jersey, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island and Texas.
In conclusion, energy deregulation is certainly making its way across the United States and is evident that it’s not slowing down as consumers demand more choices for their energy needs to save on electricity and natural gas consumption.
Learn more about how this may benefit you and your family at www.Save-On-Electricity.ORG
