Energy customer from all over the U.S. can exercise their freedom of choice in regard to the energy provider. After many years of legislative changes the free market has finally prevailed. The results of the recent shift in policy will grant Californians the most leeway in choosing utility providers and saving their money for things that they want to buy.
Electricity and gas service is so important to most of us that we simply cannot leave the choice to bureaucrats and corporate policy makers, as we know they do not always seem to have our interests in mind.
There were many good effects of regulation. With energy wholesalers accepting a baseline price, the energy prices were stable which allowed many people to budget accordingly, but this price was not necessarily the best price. If handing a large corporation millions of customers can ever be a good thing, then regulation was a good thing, but it so rarely is.
Considering that these energy corporations may never have retained as many clients as the government was going to assign to them, they made out like bandits. Given that a broad assortment of providers is always in the best interest of customers, regulations sold them short.
When the government allows high dollar energy corporations to determine what is an acceptable price for the consumer, the only winner is the utility company. Price reductions are the main component of the free market system and if that is short circuited then it all goes haywire.
With the customers holding all the cards, the energy market will benefit and innovation will bring greater developments to the industry. As innovation returns to the energy market we will see a rapid growth of modern technologies applied in new and inventive ways. - 29939
Electricity and gas service is so important to most of us that we simply cannot leave the choice to bureaucrats and corporate policy makers, as we know they do not always seem to have our interests in mind.
There were many good effects of regulation. With energy wholesalers accepting a baseline price, the energy prices were stable which allowed many people to budget accordingly, but this price was not necessarily the best price. If handing a large corporation millions of customers can ever be a good thing, then regulation was a good thing, but it so rarely is.
Considering that these energy corporations may never have retained as many clients as the government was going to assign to them, they made out like bandits. Given that a broad assortment of providers is always in the best interest of customers, regulations sold them short.
When the government allows high dollar energy corporations to determine what is an acceptable price for the consumer, the only winner is the utility company. Price reductions are the main component of the free market system and if that is short circuited then it all goes haywire.
With the customers holding all the cards, the energy market will benefit and innovation will bring greater developments to the industry. As innovation returns to the energy market we will see a rapid growth of modern technologies applied in new and inventive ways. - 29939
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