Deregulation - The Competitive Marketplace
The purpose of deregulation is to foster competition among electricity suppliers with the medium and long-term goal of combating the high prices maintained by government-sanctioned regional monopolies over the past decade. There are signs that deregulation of the electricity supply market is working as designed. For example, over the past 24 months there have been more applications to commence construction of power plants across the United States than there have been over the course of the past ten years combined. The more available power there is, the greater the competition will be to generate and sell power efficiently, leading to lower prices, as well as more consumer-friendly energy products. On the retail level, we have been seeing the positive effects of deregulation manifest in real competition for our customers' electricity needs. This is a winning situation in most markets. Let us help you get the best deal you can for power supply in your marketplace.