You can get weekly email alerts on the topics below. Just click “Follow.”Manage Alerts
The deregulation of electric utilities became a hot-button issue in the late ’90s, with many states allowing companies to operate in the open market. In theory, this move would foster an environment of competitive pricing and better customer service.
See also: 18 ways to save on your utility costs.
The reality, however, has allowed for significant price increases, as well as a negative impact on some states’ economies and on consumer use.
This Inside E Street takes a look at consumer advocates who claim residential prices have skyrocketed, as well as electric company representatives who support this deregulation. So just how broken is the electric utility industry, and what does it mean for you, the consumer? Hear from Tyson Slocum, director of Public Citizen Energy Program, and Ken Malloy, executive director of the policy group CRISIS & Energy Markets.
You may also like: How to read your utility bill in deregulated states.
Sid Kirchheimer | Consumer Expert
From companies that meet the high standards of service and quality set by AARP.
Downloadable mobile app from AARP® Roadside Assistance from Allstate.
Credit safeguards with AARP® Credit and Identity Theft Protection from TrustedID®.
Members can earn 3% cash back on purchases with the AARP® Credit Card from Chase.
Join or renew today! Members receive exclusive member benefits & affect social change.
Earn points for completing free online activities designed to enrich your life.
Redeem your points to save on merchandise, travel, and more.