What is Spark Energy’s deregulation?

Kirstren Vanhorne · Mar 14, 2017

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 · Mar 14, 2017

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 · Mar 14, 2017

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 · Mar 14, 2017

Vortigern said:
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 · Mar 14, 2017

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 · Mar 16, 2017

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 · Mar 22, 2017

Kirstren Vanhorne said:
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.