Competing for Energy

by Donny on January 13, 2011

How does someone “own” the rights to the most affordable electricity?

It’s a difficult subject but it seems like it shouldn’t be so difficult.

Think about it, we’re constantly hearing about new sources of electricity being created, and if that’s the case, you’d figure we should be well on our way to creating our own energy to power up our homes and businesses.

Truth is however, that even if we’re not even close.

Even if manure can generate energy, it doesn’t even scrape the surface when it comes to providing power for a single home.

A megawatt might not sound like that much electricity, but it’s enough to generate power to light up from 700 to 1,000 homes, and if our home made energy can’t even create enough power generated electricity to light up even one home, that means you don’t even have 1/1000 of a megawatt.

Just because it’s difficult to produce our own energy doesn’t mean we don’t have a choice in the matter.

More and more states these days are becoming deregulated which means their citizens have the right to choose their own energy suppliers and rates for their residential homes and/or commercial business.

Deregulation is a fairly new concept, and residents are still trying to get used to it, and businesses are trying to take advantage of the new system and are becoming more competitive.

Some locations in the United States organize their markets under the Independent System Operator (ISO), which has increased the competition among these energy suppliers.

Just because it’s not easy to create your own electricity doesn’t mean it’s impossible, and it certainly doesn’t mean you can’t choose the cheapest electricity rates and suppliers.

If you live in a deregulated area, type your zip code into our compare box to shop, compare and choose the most affordable deals for your home or commercial business.

Don’t hesitate to call if you have any further questions. Our expert energy consultants can be reached at 1-800-971-4020.

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