The Regulation Of Energy Deregulation

The deregulation of an industry only happens once, but in the case of energy (electric and natural gas services) it is a slow-release process migrating from state to state. Energy deregulation revolves around the concept of allowing competition into the market place, giving consumers a choice of electricity and/or natural gas suppliers. The $220 billion energy industry has been referred to as "the last great government-sanctioned monopoly." To break it down simply, up until a few years ago, when you moved into a new house or apartment, you had only one option in energy provider whether you liked it or not. ...

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