Over the last several years, a number of states have begun to change the regulations in the energy industry to enhance competition between energy providers.
The deregulation of energy has divided the utility company monopolies by separating the production of energy from it’s distribution. This separation creates more competition.
Prior to this deregulation, both electricity and natural gas were provided by local utilities or regional monopolies that controlled both the power generation and distribution channels for delivery regional monopolies that controlled both the power generation and distribution channels for delivery.
Here is a state by state look at the deregulated markets:
- New Jersey
- New York
- Rhode Island
- District of Columbia