AMA Nation's Matthew Aycoth Discusses Electricity Deregulation

Matthew Aycoth, a founding member of AMA Nation wrote this extremely interesting and informative article.

The Deregulation of Electricity

The deregulation of electricity is a controversial issue. American utilities have been regulated by the federal government for many years. The price of the utility, the companies providing them, and health and safety standards were all monitored by the government to ensure safety and fairness from the utilities. Rather than having these utilities run by government bodies, deregulation allows competitive private companies to supply these utilities to the public. Deregulation is often presented to the public as a way to lower the cost of utilities, such as electricity and gas, by creating competition and by preventing any one company or body from having a monopoly on the market.

There are currently 23 states in the US where the sale of electricity is deregulated. There number is expecting to grow even higher in the next few years, and all states are expected to deregulate by the year 2014. Deregulation is usually phased in slowly, with the transition phase being quite long. With more and more states passing bills deregulating the sale of electricity, it is becoming important for consumers to choose the right electricity company. Consumers now have the choice between various retailers, all of which with different prices and special offers.

The term "deregulation" is not 100% factual. Even in states where the electricity is deregulated, it is still often controlled and regulated by a government agency. Government bodies usually still make sure that suppliers are meeting required standards and supplying honest advertising. On top of this, actual electricity supplies in deregulated states usually all originate from the same source as well, making the term "deregulation" a strange one.

Defenders of electricity deregulation claim that the system makes use of commercialism and capitalism to ensure that consumers get the best value for money. They claim that electric deregulation helps to supply customers with more flexible options with regards to electricity supplies and prices. Defenders also argue that it is good for residents to not have to rely on government funding for electricity. If utilities are not sufficient, the private sector can supply funds to have them improved, rather than waiting for the government to step in. A further advantage of this is the potential lowering of taxes.

On the other hand, detractors of utility deregulation claim that prices do not necessarily come down when the sale of utilities are deregulated. People often have concerns about the stability of private suppliers, and worry that they will not retain stable prices the way that a government supplier can.

However, electricity deregulation does give consumers the ability to choose between electricity supplies. Businesses and individuals have the chance to compare different deals, and to switch suppliers if they choose. One of the biggest advantages of the deregulation of electricity is that people will be able to choose the cheapest and best supplier for their individual needs.

If you want to take advantage of the deregulation of the energy market visit This Site to find out how. You can switch to a competitive electric provider with lower electric rates and start saving on your electric bill today. If you would like to capitalize on deregulation with your own home based business, visit AMA Nation for more details.

5 Ways To Decrease Money On Your Energy Bills

America Debt Diet has some great advice in these challenging times.

Are average utility bills overpriced?

In my honest opinion, yes.

Apparently I am not alone, even our government is concerned about power bill prices which is why we are currently living in the age of deregulation for the utility companies.

What is deregulation?

According to Webster deregulation is the act or process of removing restrictions and regulations.

In the past we saw MaBell go through their own deregulation. Now we receive phone coverage from a variety of suppliers instead of just one.

If you know how to capitalize on deregulation we are seeing the utility companies going through the exact same process.

The question is, how do ordinary consumers stop losing money on power bills?

Here are Five ways this can happen.

• Rethink
• Redirect
• Reevaluate
• Reserve
• Reduce

#1: Reduce the amount of energy you are using

Craziness can start here by not using power at all, unplugging the fridge and eliminating your hot water {access. For most of us this is a bit extreme and unnecessary. Instead, switch off lights that are not needed, unplugging energy hogs such as phone chargers and surge protectors when they are not in use and dressing according to the season that is upon you.

#2: Redirect how you are using energy.

For me this included adding proper insulation to our house as well as upgrading the windows to be much more energy saving than they had been. No matter if you are working in an office or a home front there are ways to keep you’re energy from simply leaving your dwelling.

#3: Rethink where your energy comes from

I’ve met some people who have reduced their average power bills by building their houses into a hill. Others capitalize upon savings in energy bills by turning to solar or wind solutions. These type of thoughts might not work for you, if they do it is something to consider.

#4: Reserve your spot

As a part of deregulation you will find many companies offering savings opportunities. The one I personally use requires no sign-up or cancellation fee for residential consumers, uses the exact same utility companies that people have been using all along and actually integrates a process for their users to make money if they are interested. These concepts work very nicely for me, find what works for you and go with it.

#5: Reevaluate the circumstances regularly

In review to find the best savings on power find ways to reduce, redirect, rethink and reserve. In an economy like ours everyone can use a break including you, right?

But we still need to live as aware consumersEven after you reduce, redirect, rethink & reserve you may find other ways to save what you pay on energy bills. Be open to new ideas that make sense for your home and or business. Be ready to take even greater control of your average power bills. Be prepared to retain more profits for you, your wallet and your bank account. Following these strategies are bound to help you save when it comes time to pay your power bill.

Utility Deregulation Can Save You Money!

With deregulation becoming more popular across the country, this article does a great job breaking down which states are deregulated as well as a brief, but informative history of energy regulation.