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SpinDistribute.com Article Directory

The following article was published in our article directory on July 20, 2012.
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How Energy Deregulation Empowers Consumers

Article Category: Advice

Author Name: Jeneen Barlow

There is no doubt about the advantages of energy deregulation in the power industry. This is particularly advantageous to the consumer residents who get to enjoy the power of making a choice with the variety of options available to get their power supply from.

It should be noted however, that this is something that concerns the state. This means the decision whether energy deregulation shall be implemented depends on the state. For its proper implementation, legislation has to be written to see it through. Some states have already done so while there are others who have not completely embraced the concept yet. In which case, the consumer residents are still stuck with a single or limited option for power suppliers.

With legislation on deregulation in place, consumers are given a list of power companies to select from. The options may include any of the following: local publicly owned, independent service providers and investor owned electric utilities. But there are more benefits to energy deregulation rather than simply providing more choices.

As consumer residents are enabled to make a choice, they can freely support a company provider according to their respective environmental beliefs. Because of the growing concern for environmental awareness, consumers are now more vocal and expressive about their stance. This also reflects in the choices they make. Such can push for a more environment friendly operation among companies.

For instance, environment conscious individuals, may not agree with the use of coal because if its negative impact in the health of the environment. Instead of availing of the services of a company that uses coal in its operation and production, consumers can go for the power suppliers that utilize clean energy sources including hydro or wind power to support their respective operation.

With the power industry open for competition, the companies involved are encouraged to provide excellent service. Otherwise, they face the risk of losing consumers over to the competition. Because of the availability of options, consumers can freely jump from one provider to another at the event they become unsatisfied with their current supplier's service. They no longer have to endure substandard services simply because they have no other choice but to stick with the same company.

This time, companies have to become more conscious about implementing best business practices as their consumers can switch providers anytime. This would mean a loss in profits. And no company in their right mind would want that to happen. Therefore, they are pushed to find ways to make their consumers happy, which gives way to nothing less than excellent services.

Deregulation encourages consumers to become more active which shall reflect in the choices they make. Instead of simply taking and paying the bills, consumers become more familiar with the pricing of electricity generation and transmission. To help guide consumer choice, there are available sources that consumers can refer to. With information, they are empowered to make informed decisions. And this is what an energy deregulation is all about after all, making smart choices in power consumption.

Keywords: Energy Deregulation, Commercial Energy, Lower Energy Suppliers, Electric and Gas company Competition, Choice Energy

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