THE BENEFITS OF RETAIL COMPETITION
It’s Your Choice
- You choose the electricity supplier that meets your particular needs.
- For many business customers, suppliers tailor supply and terms to suit
your company’s individual needs.
- You can vote with your wallet if your supplier is unresponsive or
doesn’t meet your expectations.
Paying Attention to the
Customer
- The customers’ needs help drive the variety of products and services
provided by retail suppliers.
- Competitive suppliers provide pricing tailored to the customer.
- Competition has led to innovative and environmentally superior
electricity offerings.
Disciplined Pricing
- In competitive markets, multiple buyers and sellers operate in a
transparent, competitive market leading to efficient pricing for consumers.
- Monopoly regulation guarantees recovery of costs, providing little
incentive to operate efficiently and pass savings on to customers.
Using Power Wisely
- Competitive suppliers can help you manage your power and use it
efficiently during high-priced periods of peak demand.
Reliance on Private Investment
Sources
- Captive “ratepayers” do not have to guarantee investments by utilities
or energy companies in costly power plants.
- Electricity competition supports efficient economic development in an
increasingly competitive global marketplace.