Twenty-three percent said they are somewhat familiar. Fifty percent of those polled said they thought that competition would improve the price they pay for electricity. Nineteen percent said it will stay the same. And 43 percent believe they will have more green power options. Sixty-nine percent said they are only slightly, or not at all, familiar with electricity competition.
Electric companies are a free and easy resource to learn about competition.
Consumers can call them or just click onto their Web site. Electric companies can help consumers get the most value from their energy dollars in this new electricity marketplace. The survey also asked consumers their opinion about what effect electricity competition will have on traditional electric utility services. Fifty percent said they expect meter reading and billing accuracy to stay the same. Its domestic members generate approximately three-quarters of all the electricity generated by electric utilities in the country and service about 70 percent of all ultimate customers in the nation.