Energy Deregulation

The Deregulation of Energy

In the last few years, many states have begun to rewrite the rules to increase competition among electricity producers.

The idea is to deregulate the generation of electricity and allow consumers to choose where they buy their power (as they can choose their long-distance phone company). Local utility distributors would continue to deliver the power, for a fee, over their lines.

This form of energy deregulation is being decided on a state-by-state basis. Each state faces a different energy situation and is taking a different approach towards the deregulation of energy. In general, areas with high electricity rates (like California and the much of the Northeast) have been the first ones to move in this direction.

The Deregulation of Energy and Electricity in New York

The New York State Public Service Commission (PSC) has opened the State’s electric industry to competition. Changes in the electric market will allow customers to choose their supplier of electricity.

The PSC recently approved utility plans that give electric customers access to new energy suppliers known as energy service companies, or “ESCOs.” The plans require the utilities to offer retail choice to customers who want to shop for electricity and related services. The delivery of electricity to homes and businesses, however, will remain the job of the local utility and continue to be regulated by the PSC.

In a competitive market, electricity prices should be lower than they would be under government regulation. Competition should also produce innovation and new technologies that promote new services. You as a consumer, and the state as a whole, will benefit.

Electricity NY:

New Yorkers have had the opportunity to shop for their electricity provider since the late 1990s. The New York Public Service Commission (PSC) started by ‘unbundling’ your energy bill, separating charges for delivering energy to your home or business from charges for the energy itself. Read more about … Electricity Deregulation New York

Natural Gas NY:

New Yorkers have had the opportunity to shop for their natural gas provider since the late 1990s. The New York Public Service Commission (PSC) started by ‘unbundling’ your energy bill, separating charges for delivering energy to your home or business from charges for the gas supply itself. Read more about…  Gas Deregulation New York

Energy Providers New York

In New York, Ambit Energy serves the ConEd and National Grid territories in New York (electric and gas), and the National Grid gas (formerly KeySpan) territory on Long Island. Ambit has expansion opportunities into the service areas for Orange & Rockland, Rochester Gas & Electric, and Niagara Mohawk.  Read more about…  Energy Providers New York

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