The Deregulation of Electricity

Deregulation was intended to lower electric rates of the energy market by allowing competition to lower customers’ electric bills. The deregulation of electricity has become a controversial issue because electricity prices in many states have begun to rise at an alarming rate. Most consumers are unaware that the deregulation of the electric market allows them to switch to competing energy providers with lower electricity rates. There may be many electric providers to choose from if your state has been deregulated.

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The Deregulation of Electricity