Does Energy Deregulation Affect Your Household?

1
Does Energy Deregulation Affect Your Household?

• The Power to Choose

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Dismantling Monopolies
Regulation in the power industry began with the
need for maintaining an uninterruptible supply of
power to the nation. The belief was that such an
important resource as electricity should be kept
in a handful of energy suppliers that could be
easily regulated.
Where in theory this works, in practice it was
flawed. With so much money gathered in one place,
the regulatory process became taken over by
special interests.
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Deregulation Laws

• The concept of deregulation is a simple one. The
  more businesses that are allowed to participate
  in any given industry means more competition,
  higher efficiency product, and lower overall
  costs.

Starting in the mid 1970s, government began
passing laws to drive down the soaring price of
energy . Over thirty years later and we are now
seeing the fruits of these deregulatory laws
permeate the entire country.
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Choice for Everyone

• In the past, there was very little, if any,
  choice regarding your power company. When someone
  moved to a new location they were stuck with
  whatever company had laid piping there. Companies
  did not share infrastructure.

• Deregulatory laws meant that companies could no
  longer claim ownership over a territory simply
  because they owned the wiring. Infrastructure
  became open to other budding energy companies.
  For the first time, consumers had the power to
  choose their service.

5
Economic Choice

• The first place in which deregulatory laws
  empowered consumers was the pocketbook.
  Competition means offering a better product for
  less. For the first time, consumers had the power
  to force the energy industry to change.

• Today we enjoy the benefits of choosing how much
  we spend and on what we spend it on. This is a
  far cry from the pay by necessity model of
  former years. Deregulation laws ultimately mean
  greater economic freedom.

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Personal Choice

• Deregulation is not only about financial freedom,
  but about personal freedom as well. In the past,
  businesses need not concern themselves with
  listening to the whims of their constituents.

• Through the ability to buy product that
  highlights their own convictions, consumers in
  America now have great influence on the business
  practices of the energy industry.

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Gas

• The gasoline industry has arguably been one of
  the shadiest parts of the nations energy
  problems. With such a vast amount of wealth to be
  hoarded, companies sought out larger and larger
  deposits with little concern for the environment.

• Energy deregulation has meant that companies can
  no-longer grab cash hand-over-fist with no
  external concern. As consumers have become
  liberated, gas companies have had to tow the
  line.

8
Electric

• Since its discovery by Benjamin Franklin,
  electricity has transformed the world. Likewise,
  the ability to send power across an entire State
  changed the face of industry.

• Thanks to the laws we have today, cleaner and
  less obtrusive ways of sending energy across the
  nation have proliferated.

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Green Energy

• One of the most exciting things to happen to the
  world of energy is the emergence of green
  technologies. In short, green refers to energy
  technology that has minimal impact on the
  environment.

• Energy companies shied away from green
  technologies for many years as the cost of
  research outweighed the corporate financial
  benefit. However, people are demanind cleaner
  energy these days, and companies that want to
  stay relevant to the market, are changing.

10
The Power to Choose

• All of the topics covered in this presentation
  amount to the same thing. Energy deregulation has
  not only improved the quality of American lives,
  but has improved the consumers ability to affect
  change.

• Whether the consumer desires to pay for less
  expensive energy or is willing to pay more for
  cleaner, more sustainable options, the truth is
  plain. YOU have the power to choose for yourself.

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