Deregulation Overview
Imagine you’ve always paid $4.00 for a loaf of bread at the corner store, and then one day you find out that the same loaf of bread is available at that same store for $3.75 and $3.50, and all you had to do was choose the loaf with the lower price tag. It is the same with deregulation: You can tell your energy distributor that you want to get your power from a different supplier who offers it for less. You are guaranteed the same method of delivery, the same quality, and the same services.
What is energy deregulation?
Energy deregulation simply means that you as business owners, property management companies, and developers have the ability to shop for power, electricity, and utility plans that not only fit your commercial energy needs but your budget as well.
Since the 1970’s, many states across the country have offered energy deregulation which means that the energy market is open for suppliers to compete and offer the best prices and services rather than forcing you to purchase your power from only one provider.
How does this impact our clients?
The deregulation of energy has opened the doors to great opportunities for saving money and ensuring that you are getting exactly what you need. This however comes with a cost. The process of purchasing energy in a deregulated state is more complex than in a regulated state. The energy purchasing process now includes shopping for and comparing prices, reviewing and signing contracts that vary from supplier to supplier, understanding complex terminology, not to mention the energy market changes daily.
Want to learn more about which states have deregulated energy and where we can offer our services? Hover over each state below or contact us for more information.
When working with Property Cost Solutions, you get all the benefits of deregulated energy, without the hassle. With our invested associates approach, we work as your business advocate to identify the best solutions for each of your properties. Contact your Property Cost Solutions rep today.