Deregulation
Title: Deregulation
Category: Literature / English | Words: 854 | Pages: 3.6 (approximately 235 words/page)
Deregulation
Deregulation is the elimination of regulated rate tariffs on energy that is supplied. Deregulation ultimately spreads the risk of an energy crisis amongst multiple companies in a specific region then on one monopoly company. What it boils down to is, big money. Whether it is a natural gas company or a supplier of energy, the main goal is to make profit. Over the past years in California, it can be seen that many energy suppliers …
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showed last 75 words of 854 total…SCC approval; competitive metering and billing, scheduled for 2002 and 2003, could be delayed; and suppliers would be allowed to recover the costs of implementing competitive metering and billing through tariffs.”
Virginia may face the problem of energy suppliers in competition for service. If two different companies are bidding back and forth to service a particular region the consumer may have to higher prices. Or interruption in service may be seen when a supplier is changed.
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