In today’s energy market, the number one thing consumers often worry about is saving money on energy bills.  Energy deregulation allows consumers to choose their own energy supplier rather than use a predetermined one, thus giving them the freedom to search for a more competitive rate.  

In 2000, the state of California suffered an energy crisis, and as a result, deregulation suffered a major setback.  For a while, many people were skeptical of energy deregulation and doubted its benefits.  However, after a decade of skepticism, the people of California had finally begun to see the advantages of deregulation.  Perhaps the biggest benefit of energy deregulation is its flexibility. Consumers are able to shop around and choose their own energy supplier, rather than having to settle for a predetermined one.  With energy deregulation, consumers are given the freedom to find their own energy solutions and choose a supplier that’s right for them.  

Before energy deregulation, energy was expensive and unwavering, and it wasn’t uncommon for people to become frustrated with having to use a pre-selected energy supplier.  Energy deregulation encourages suppliers to compete for a consumer’s business, and in turn forces suppliers to offer competitive pricing. Many people are in favor of energy deregulation simply for this reason.  Energy deregulation is a win-win situation for all parties involved, because the consumer is able to pay less for energy and the supplier gets more business.

Another reason why energy deregulation is beneficial is because environmentally-conscious consumers are more likely to find an energy supplier that aligns with their beliefs and practices.  A competitive market presents the opportunity to find suppliers who offer renewable energy solutions while still presenting a competitive price. Renewable energy is something we can all benefit from, and more and more suppliers are coming up with solutions to benefit both the consumers and the planet.  

As for California’s stance on energy deregulation, things are looking up.  Michael Picker, the head of the California Public Utility Commission, called for liberalizing the state’s retail electricity market last year.  Following the California energy crisis, energy deregulation ended up being the scapegoat, causing many people to become skeptical of its benefits.  However, Picker suggests that energy deregulation may be just what the people need, and that a more competitive market is a solid alternative to traditional regulation.  Picker has some valid points, and he, along with many others, believe that energy deregulation in California can be a positive turning point for the state.

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