Gain Insight into the Utilities Industry
How Deregulation Impacts Consumers
The goal behind deregulatory efforts is that competition will produce lower prices and new services that will benefit the economy in general. Historically, the utility landscape has been dominated by regional monopolies operating large power plants and setting their rates under the watchful eyes of state regulators. In return for providing universal services, utilities were guaranteed a rate of return set by negotiations with regulators.
Advocates of deregulation believe it's possible to retain the consumer protections that the old system provided while also creating a competitive regime that will be more efficient and innovative. The result is a substantial cost savings.
How Deregulation Impacts Businesses
It's not just consumers who are faced with tough choices as utility regulation comes undone. Utility companies themselves are scrambling to figure out how they can survive in the scrapping and consolidation expected to result from competition. ePsolutions is here to help.
The ePsolutions team has been active in the utilities industry since it was first deregulated and we continue to play an active role in various regulatory committees and subcommittees including RMS, TTPT, TDTWG, Texas SET and COPS. Our team's hands-on knowledge of the changing market requirements means we can be a valued resource to newcomers and veterans alike and help you improve your opportunities for success in Texas.
to discuss how ePsolutions can help your business or browse our online resources:
- Getting Started: learn how to navigate the process of entering a new market
- Glossary: review a list of terminology geared to the deregulated energy market
- Links: visit the websites of important organizations and resources
- White Papers: take advantage of industry centric articles geared to help you grow your business