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. This loosening up of the conventional way energy prices were negotiated will allow many Californians to shop for the best rates for their energy.
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.
Regulation essentially granted the energy conglomerations huge amounts of customers they otherwise would never have gotten due to market limitations. 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. With regulation out of the way, energy providers are forced to start wheeling and dealing to find new energy sources and actually deal with customers in the free market way of reducing their prices to be competitive.
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.
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