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Energy Deregulation Facts:

Q. What is deregulation?
A. According to the Webster Dictionary “deregulation is the act or process of removing rules or    
    regulations”. In the case of energy deregulation began in order to encourage the competition
between energy providers.
Q. When was the bill passed?
A. Congress passes the Public Utility Policies Act in 1978, in the middle of the energy crises that ripped though industrial world economies. Presented with the possibility that the prices of oil would reach $100/barrel, Congress saw a need to act in order to reduce the dependence on foreign oil and to promote alternate, efficient energy sources.
One of the most important goals of the law was to create market for power for non-utility power producers, which now provide 10% of the country’s power. Before the PUPA, only utilities could own and operate generating plants.
Q. Why deregulate the energy?
A. When a single company control has a monopoly, it controls the price and quality of a product and service. Deregulation introduces competition and offers the customer the possibility to shop for lower prices and qualitative services.
Q. How does deregulation benefit the consumer?
A. As a consumer, energy deregulation is beneficial for the consumer because:

• Competition brings along lower prices
• More plans are available to the consumers
• With consumers now having the ability to switch providers, marketers have incentives to offer a high standard service.

Q. Is my state deregulated?

Q. How can I receive more information about deregulation?
A. Click here for a link to more information.