A pitched battle is now being waged on Capitol Hill to decide how the electric industry should be deregulated. Today, utility companies have the power and technology to zip electricity effortlessly across the country. The roadblock on the way to deregulation is Congress. The benefits of a deregulated electricity market affect every sector of the economy, from the individual household consumer to businesses and the federal government. Individual consumers will benefit by having the ability to choose from a number of different suppliers.
Consumers also find many other benefits because of deregulation.
Consumers find their benefits in the ability to choose the service that best suits them. Businesses of all sizes will benefit from deregulation. Always looking for cost savings, businesses can save on utility bills, increasing their profit margins and ultimately having a greater ability to expand and hire more employees. Deregulation opponents have tried to scare consumers, claiming that power disruptions will be more prevalent in a deregulated world. The naysayers claim that utilities will sell off their power plants, enact user fees and lower reliability standards which will all result in more disruptions.