Deregulated Utilities In Pennsylvania
Deregulated utilities in Pennsylvania refer to the state’s energy market structure, where electricity and natural gas generation and distribution are separated. In this system, consumers have the ability to choose their electricity and natural gas supplier from a list of competitive companies, while the local utility company such as Philadelphia Gas Works remains responsible for delivering electricity services and maintaining the infrastructure. This deregulation, implemented in 1996, aims to foster competition, lower prices, and improve service by allowing market forces to drive innovation and efficiency. Electricity Deregulation in Pennsylvania Since the deregulation of electricity in Pennsylvania, consumers can choose their electricity supplier from various competitive companies, while the local utility continues to handle delivery and infrastructure maintenance. Deregulation was designed to encourage competition among energy suppliers, with the aim of...