Category Archives: Pennsylvania

What Is Electricity Deregulation In Pennsylvania

 

local electricity utility company at duskHomeowners and renters now have more choices as to which company provides their electricity thanks to Pennsylvania deregulated energy. Prior to deregulation, Pennsylvania residents were paying nearly 60%more than the average homeowner or renter pays today. During that time, residents had few choices as far as electricity providers were concerned and that meant that the utility companies could charge whatever they wanted since there was very little oversight and zero competition. It didn’t take long before lawmakers stepped in and introduced electricity deregulation in Pennsylvania to the permanent record. This opened the energy market to competition once and for all with the intention of lowering prices and increasing customer service for all involved. Let’s examine Pennsylvania deregulated energy and how it can affect the average resident.