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All About Energy

4 Reasons Deregulated Energy Markets Lower Electricity Costs

Caroline Haywood Jan 26, 2017 8:10:00 AM
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When living in a deregulated energy market, you may wonder if the time you spent finding the best provider for your budget was really worth the effort or if living in a regulated area just might be simpler. According to a study done by Steve Cicala, a professor at the Energy Policy Institute of Chicago, energy markets cost effective and save energy users $3 billion a year in costs.

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Utilities Hedging Fuel Costs In Favor Of Price Stability

Chris Ward Apr 8, 2016 8:01:00 AM
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The overabundance of supply, paired with weather anomalies (cold spikes and early summers), has caused major upsets in the energy market over the past 10 years.  

 

For both residential and commercial customers, the unforseen increased use in storage levels and unpredictable weather conditions have resulted in volatile price swings.  Utilities will typically mitigate their risk by hedging fuel costs, but has it truly been beneficial to the customers?

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Less Than Half Of Businesses and Homes use PA Power to Switch

Eli Sachs Nov 17, 2015 11:59:00 AM
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Energy deregulation isn’t new in Pennsylvania.  The energy marketplace started deregulating in 1996. In 2010-2011, Pennsylvania became a fully competitive marketplace when rate caps expired, and consumers have had the power to switch energy providers since then.

 

Even so, Pennsylvania home and business owners are missing out on their share of an estimated $2.5 billion in energy bills savings every year. Though they’ve had the power to switch for the past 5 years, over 3.5 million consumers are overpaying on their energy bills.

 

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How the Power to Choose Benefits Your Bottom Line

JB Sowyrda Nov 10, 2015 8:07:00 AM
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Choosing an electricity provider can be difficult. There are over 45 retail electricity suppliers in Texas jockeying for your business.  How did we get to this point?  How does deregulation impact my business? What is the best rate, and how do I know what supplier will best fit my needs? The power to choose your electric provider allows you to lower operating costs and gives you more control over your energy policy. 

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