What is Spark Energy’s deregulation?

[Kirstren Vanhorne]

I’ve read different articles or reviews regarding their preferred suppliers of natural gas and/or electricity, I’ve seen this many times on Spark Energy reviews too, but what is deregulation?

Early thanks for answers

 

[FatAlan]

Probably refers to the privatisation of a previously public service under the false premise that competition will save the public money. In the long run it is actually costing us all more as it's another private energy supplier joining the cartel. IMHO

 

[The Ghost]

Deregulation of the energy industry was supposed to break the monopoly of the "big six" energy companies. It did not work they still hold 99% and charge 8-10% over the top for energy to the consumer. Why don't you start an energy supplier company and break the monopoly for us all?

 

[telectrix]

Deregulation of the energy industry was supposed to break the monopoly of the "big six" energy companies. It did not work they still hold 99% and charge 8-10% over the top for energy to the consumer. Why don't you start an energy supplier company and break the monopoly for us all?

it's be long supply lines from L.A.

 

[PEG]

I have considered starting my own energy supply Co. using pig manure methane...

Then finally,it would be ME,that runs Barter Town

 

[Ises Biry]

Deregulation is simply about being able to choose from a number of energy supply companies (ESCOs) and choosing the one that will provide you with options and prices that will satisfy your needs.

 

[Reeann Cardova]

I’ve read different articles or reviews regarding their preferred suppliers of natural gas and/or electricity, I’ve seen this many times on Spark Energy reviews too, but what is deregulation?

Early thanks for answers

You can find definite answers on Spark Energy’s official site. They explained it there but if you’re in a hurry and want to understand its meaning now, I’d say that deregulation opened the market to competition, bringing you the power to choose where you buy your energy.

 

[Deleted member 26818]

As far as I understand, it also means that anyone can now produce electricity to sell to the grid.