Deregulated Gas and Electric Energy Discounts And Offers

Deregulated Gas and Electric Energy

In many areas of the United States and Canada, gas and electric energy are deregulated. This is a measure to allow consumers to save money on their energy costs. Before searching for deregulated energy discounts, you may want to gain an understanding of what deregulated energy means.

History of Energy Regulation

In the 1930s, the government began to regulate the energy market allowing only utilities to deliver and supply gas or electric. Caps were placed on the rates utilities could charge but this left consumers with no method to access natural gas employee discounts or choose where they could purchase their utilities. Over the past few decades, several states have passed deregulation laws that allow consumers to choose an energy supplier. Some states have laws that deregulate gas and electricity while others only provide for deregulation of one or the other.

More About Deregulated Gas And Electric Energy Discounts

How Does Deregulation Work?

You may be more familiar with how regulated energy works. When you move to a new home or open a new business, you contact your local gas or electric company to set up your utilities. Although you may be able to shop around for the best price for your phone, cable, internet or even trash pickup service, you could only choose one option for gas or electric and you paid whatever rate they charged. With deregulated energy, supply is opened to competition. The government still provides the gas or electric, but you can choose to use a different provider as long as they are licensed through the government and meet other requirements. This allows consumers to choose the best price and best options for their family when it comes to utility service. You can choose products that are more environmentally friendly, such as solar or wind, or you can continue to use the power provided by the local government.

Energy Employee Discounts

One of the drawbacks to some deregulated systems is that you may need to install additional equipment to access the other type of power. This may be wind turbines or solar panels that capture energy from the environment. There are ways to save money on this equipment through electricity employee discounts. If you are searching for deregulated energy discounts, EmployeeandMemberDiscounts.com can help. We offer a wide range of natural gas employee discounts that will allow you to choose an alternative energy option which will not only save you money through the energy employee discounts but can also save you on your energy costs over time.

Employee Discount Energy Rates

There has been significant research on the cost of renewable energy, like solar and wind, compared to fossil fuel power, such as gas or oil. One of the reasons renewable employee discount energy rates are lower is that there is no cost to harness wind or solar power. The biggest cost with this type of energy is the equipment. A new natural gas plant costs, on average, $1,000 per kilowatt while the average cost to install a new solar plant is as high as $3,500 per kilowatt while wind costs around $1,700. These initial costs are what lead many people to seek electricity employee discounts in order to help with the cost of the initial installation. Although the cost of installing renewable energy may be higher, over time the cost to generate power are significantly less expensive. A 2017 study found that the cost of wind power was around $30 per megawatt hour, solar averaged $53 per megawatt hour while natural gas averages $78 per megawatt hour. Coal averages around $60 per megawatt hour. Reports also indicate that costs to install renewable energy is also dropping. Today, installing solar panels is 80 percent less expensive than it was in 2009.

If you are interested in renewable energy, you can find excellent energy employee discounts through EmployeeandMemberDiscounts.com. Membership is free and you can sign up at any time. If you own a business or operate a business where natural gas employee benefits would be well-received, contact us today and we can help you set up your own discount program.

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