In this post I will explain how deregulation can effect you and why you should choose Independence Energy.
Deregulation is the process by which governments remove, reduce, or simplify restrictions with the intent of encouraging efficiency and competition in markets. Deregulation in the United States traces its roots to the oil crisis of the 1970s but it took until the late 1990s to put the idea of electricity deregulation into practice.
Before deregulation, utilities controlled all three components of the energy industry: generation, transmission and the sale of energy. Deregulation divides those processes, with different companies having the ability to handle each aspect.
How does Independence Energy purchase Green Energy for those who want it?
Once a customer enrolls, when will they start receiving their energy from Independence Energy?
If a customer completes Third Party Verification with more than 20 days left in their billing cycle, they will be able to start their service with Independence Energy on the next billing cycle. If fewer than 20 days remain, the utility will not be able to process the switch in time, and the customer will have to finish their current billing cycle and complete one more before they switch to service with Independence Energy. This is due to the amount of time it takes for the local utility to change service from one company to another. Once again, this change is seamless and will not complicate the ability of a consumer to use their electric service. Once the change is complete, the customer will notice Independence Energy on the supply portion of their electric bill, which will still come from the local utility company. This twenty day switch period also would apply if a customer wished to switch back to their utility from Independence Energy.If a customer wished to end their service with Independence Energy, they can do so at any time without fees or penalties. All they would need to do is contact our Customer Service Team at 1-877-235-6708 and notify them of their desire to switch.