With the upcoming deregulation facing the electric utility industry, major changes will occur. You'll soon have the opportunity to choose the company that generates your electricity, with your local electric utility continuing to deliver power to your home or business. This is similar to the situation we all faced when long-distance telephone service was deregulated. We had to select a long-distance provider, while our local telephone company still billed us and delivered the service. As with any product or service, consumers should benefit when more choices are provided.
Competition can make businesses work harder to keep their customers.
To stay competitive, electric utilities will offer new rates, products and services. The disadvantage is that you may ultimately wind up paying for unnecessary services and higher rates. This article will help you sort through and understand the process and results of deregulation in the electric utility industry. It will also provide important facts about the benefits of municipal electric utilities, such as the City of Mesa's. The electric utility industry is made up of three separate businesses that provide electric service to customers.