Preston 🐝 Vander Ven

6 years ago · 2 min. reading time · ~100 ·

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6 BENEFITS OF ENERGY DEREGULATION

6 BENEFITS OF ENERGY DEREGULATION

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The energy industry is rapidly changing due to the trend of deregulation. In the past, governmental authorities worked with individual local utility companies to offer home and business owners with a single standardized option for their power. While this tight control helped to stabilize the industry and establish important infrastructure in the early twentieth century, many feel that this regulated system is outdated and non-optimal. New legislation keeps the basic means of transmitting and delivering energy in place while allowing alternative suppliers to enter the market, thereby “restructuring” or “unbundling” energy.

I wanted to first help you understand what deregulation is and how it can benefit it you.

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Energy deregulation is the reason that you can shop for an energy provider in the first place. It gives you the power to switch your electricity or natural gas supplier and ultimately affects how much you will pay for your energy. Deregulation gives consumers a choice when it comes to their energy supplier.

These are the top six benefits of energy deregulation so you can better understand and experience them.

1. You could save money on your monthly power and gas bills

It’s a fundamental tenet of capitalist economics that competition drives down prices, and the energy industry is no different. When alternative energy suppliers enter the deregulated market, they often try to win over customers by offering attractive rates. At Ambit Energy, our energy experts leverage their extensive knowledge of the field to find the highest quality, lowest price fuel sources.

2.  You can enjoy better customer service

How many times have you tried to call your local utility with a question about your bill or rates only to be put on hold for a seemingly interminable amount of time? Since regulation gives these companies a monopoly on the energy market, many of them simply aren’t up to snuff in the customer service department. With deregulation, another way energy companies can garner business is with outstanding customer service. For example, Ambit Energy has an excellent team of live, US-based customer service representatives available to handle your questions, address your concerns, and exceed your expectations.

3. Your service won’t be interrupted if you switch

As mentioned above, deregulation only affects the supply of energy, not its distribution or delivery channels. If you decide to change from your local utility, you’ll simply receive a different bill (and have access to different customer support resources) at the end of every month. You will not have to install any new hardware or go without power for any length of time as you make the transition. Making the most of deregulation and choosing a new supplier is typically a convenient, smooth process.

4. You can opt for greener energy

According to The American Environmental Values Survey, “77% of Americans say they worry about the environment a great deal or a fair amount.” If you’d like to make your electricity and gas greener, deregulation can help you do so. At Ambit Energy, surveying millions of customers, and we found that most wanted more environmentally friendly energy. As an alternative supplier, we seek out the greenest possible power sources to help protect the planet while serving your needs. We’ve created Green-e Certified plans to choose from. Deregulation allows you to put your money where your mouth is and support energy companies whose priorities align with your own.

5. You could take advantage of alternative suppliers’ discount and loyalty programs

In a competitive, deregulated energy market, companies will often find creative ways to capture customers’ attention (and patronage). While sticking with your local utility might seem like the easiest option, you should be sure to shop around, especially since many alternative suppliers offer valuable promotions. Ambit Energy rewards our customers with a great rewards such as FREE ENERGY & TRAVEL REWARDS.

6.  "Energy deregulation will be the largest transfer of wealth in history." - Warren Buffett

I left this quote for last because I feel that it is the most important of these six. This transfer of wealth is going to happen with or without us. The question I have for you, Do you want to Take a "Slice of the Pie"? CLICK TO LEARN HOW


Deregulation Puts Your Power in Your Hands

Adding competition back into the energy market proves to be advantageous for consumers in numerous ways. Enroll with Ambit Energy today to start enjoying the benefits for yourself.


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