As the world takes major steps towards addressing climate change, the energy market is shifting greatly towards renewable resources. In 2015, hydropower accounted for about 6% of all U.S. electricity generation and 46% of electricity generation from all renewables; this number has continued to climb in recent years. What allows companies to make this shift towards sustainability? Deregulated energy states. Read on to learn more about energy deregulation and what it can mean for renewable energy.
What Does Energy Deregulation Mean?
Energy deregulation allows you to shop for energy providers as you need, giving you a wider variety of options when purchasing your energy. This means that rather than being limited to a single electricity or gas supplier, you are able to select the service that best suits your needs and offers the ideal product for your home or business.
Currently, energy regulation is managed on a state-by-state basis. Some deregulated energy states offer both deregulated gas and electricity, while other deregulated energy states only offer one or the other. Deregulated energy states, however, deregulated they are, allow you further freedom of choice and control over how you access your energy.
Is Deregulation Good For The Environment?
When you have access to energy deregulation, you're better able to control where your energy comes from, both in terms of your energy company as well as the energy source. This allows you to gain your household energy from green energy providers that primarily draw their electricity from renewable resources, such as solar and wind.
Energy deregulation gives you greater access to sustainable sources of energy and also encourages companies to offer more types of renewable energy for their customers to choose from. Because energy companies in deregulated energy states have a greater degree of freedom in products they can offer to their customers, these companies are more likely to expand into renewable energy options, pushing a greater degree of energy consumption to come from sustainable options.
Looking to make the switch to renewable energy for your home or business? Contact Starion Energy for more information on what renewable and sustainable energy options are available for you.
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