Reach active buyers and immediately increase your visibilityGet Started
Quickly find manufacturers and suppliers of air compressors for industrial and medical applications. Review listings for links to air compressor dealers and air compression solutio… more »
Electricity deregulation helps individuals who are paying hefty sums of money for electrical services to save money. When electricity is regulated, a specific electrical company is responsible for every aspect of the electrical services that an individual receives. The individual receiving the services has no option but to pay whatever the company charges because there are no other electric companies in the area. When companies have a monopoly over a specific region, they can easily take advantage of customers by offering their services at outrageous prices and by charging customers extra fees to compensate for financial losses that they incur in other areas of their business.
The Public Utility Commission put a stop to this by deregulating electricity. This means that one company cannot control the electrical power in a particular region. Deregulation rearranged the way power was sold, which gives new electrical companies the opportunity to develop businesses within regions that only one company previously had access to. This gives customers more choices when it comes to selecting a company to meet their electrical needs. It also lowers the price of electricity for consumers because companies that once had a monopoly over a specific area must now lower their prices in order to remain competitive.
Learn more about electricity deregulation and how it affects your business by visiting the links on this Business.com page.
Briefly describe your project and get matched with the top vendors!