Unlike the past where the market was dominated by one provider, electricity deregulation has opened the door to Energy Choice.
Energy Choice describes the ability of consumers to select who provides their energy. In a competitive or restructured market like the BGE, PEPCO, Alleghany Power, or DELMARVA service areas, the traditional monopoly structure for generating and delivering energy to retail consumers is now opened to choice and competing suppliers.
This happened via a legislative or regulatory initiative and is addressed at the state level. Energy Choice is in its early stages, yet customers are already realizing its benefits — more competitive energy prices, improved customer service and technological and product innovations never considered under regulation.