Don’t let your electric bill swallow up your life savings

Did you know that up until now all of the following components of electricity supply were regulated and provided by one company, the local utility:  Electricity Generation, Electricity Delivery, Retail Sales, Meter Reading, Billing and support. Does that sound like a conflict of interest? You’re darn right!

In a regulated electricity market, the consumer has had no choices. They only had the options to purchase from one source, the local utility. In a regulated market there is no incentive to offer cost saving solutions or innovative products and services. People in many states now have the right to choose who they buy their electricity supply from. That type of monopoly situation which is hurting consumers is now coming to a crashing end. The new deregulation opens the generation portion of your bill to competition. This essentially turns the generated power into a market-based commodity, with the price dictated by supply and demand. Competitive markets lead to innovation and lower costs for customers.

In a deregulated market, the local utility is reduced into an electricity delivery corp. This makes it possible for customers to choose an alternate service for the generation portion of their bill which is approximately two thirds of their total cost!

All customers continue to rely on their local utility to deliver their electricity, provide service and reliability, read their meter and in most cases, bill the customer. This portion of the electricity service remains the same. Retail competition, in the electricity markets, is superior to regulated service as it delivers customer-focused service, enables product development and leads to the most efficient market price.

Currently there are about 20 states in various states of deregulation of their energy service providers. It takes time for a state to achieve true deregulation where the rates are at market rate pricing. Electrical deregulation is a growing opportunity for consumers to save as the regulation shift flows across the nation.

These changing laws provide a unique opportunity for New york residential and commercial customers. This service is 100% free to signup, and as a thank you reward, we give you 500 reward dollars that you can use to purchase everyday products and you also get 100 extra points every month just for paying your electric bill.

The states presently available for you to take advantage of energy deregulation are New York, Connecticut, Massachusetts and Pennsylvania. Many more states will be added soon. Go ahead signup and get your huge discount….

About the Author

I'm May, a social media and viral buzz strategist. I handle Search Engine optimization and P.R. for small businesses Nationally. I hope you enjoy my blog postings about my current projects. Feel free to leave a comment and I'll get right back to you.

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Comments

  1. Leemon Jul 9, 2010

    Electricity usage is the main god of the science. We need to save it for our future.
    Thanks for the Article. I will consider the service you mention May.

  2. Liz Martin Jul 9, 2010

    Some time before, I really needed to pay an exorbitant power bill but I did not have enough money and couldn’t buy food. Thank heaven for this article. I will be calling them

  3. Nadine M Jul 15, 2010

    The electric bills are killing us, thank heavens for these guys!

  4. Jonah Smitts Jul 19, 2010

    Power bills are a huge problem in mid America, great article May!

  5. Rakibul Islam Jul 19, 2010

    This really an important article. I am thinking about the service….

  6. Yemington Jul 21, 2010

    Actually there is a way to reduce electricity bill by simple earth grounding. It acts exactly the same as the lightnings we usually seen in a thunderstorm. If we can use the tamed-tiny-version of these lightnings in our household, then we can use the electricity for free.

  7. chris smith Jul 26, 2010

    I agree. The Government control the electric service in our country. But let us look at the bigger picture. I believe that no one can make a Company for Electricity because its EXPENSIVE. And the next thing is…will the Government allow it?

  8. Chavez & Bridget Aug 30, 2010

    I think that to receive that information. My power bill has been almost $400 a month!

  9. Sheldon Sep 10, 2010

    I found this site under my bookmarks, probably bookmarked it my wife. Do you have a rss or something like this? I want to add you to my rss reader, because I liked this article especially your way how to explain this.

  10. Corrine Sep 10, 2010

    I don’t bookmark sites but i will bookmark this! LOL!

  11. Doreen Sep 10, 2010

    This article is just what i need, thank you.

  12. Capa' Sep 10, 2010

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  13. Rhonda Oct 21, 2010

    Helpful blog, bookmarked the website with hopes to read more! Can’t wait to try out these savings on my bill

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  35. Renee May 24, 2011

    I’ll have to try them out. My bill is almost $300

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