What is the deregulation of energy?

Over the last several years, several states have begun to change the regulations in the energy industry to enhance competition between energy providers. By separating the production of energy from its distribution, the deregulation of energy has divided utility company monopolies, thus creating more competition. Prior to deregulation, both electricity and natural gas were provided by local utilities or regional monopolies that controlled both the generation and distribution channels for delivery.

Energy suppliers, working with Energy Service Companies, now have the ability to provide a variety of services, rates, and contract terms. This separation deregulates the production of energy allowing customers the choice as to where they purchase their power. The neighborhood utility companies still provide the distribution of power.

From the customer or end user’s perspective, their current utility provider still maintains service, and there will be no interruption of services.  Depending on the consumers’ state, they may receive a separate bill from the energy provider, and utility, or one bill from their provider with both utility and provider charges.

How can you benefit from the deregulation of energy?

At Secure Electric Solutions we help clients take advantage of this opportunity to save money by lowering your bills, and negotiating favorable contract terms, thanks to deregulation. We help our clients take hold of this tremendous opportunity to generate income by helping individuals, small businesses, and large corporations save money on their utility expenses, and by educating them about their energy choices.