Electric deregulation is an energy sector restructuring program that was undertaken by different states in America. The aim of this policy was to remove monopolies that existed in the years that preceded deregulation. The monopolies used to control the entire energy market and had been overriding powers over the supply and pricing of electricity, and at times they abused these powers to charge excessively. However, all this changed with the coming of the deregulation era which brought with it many benefits to energy consumers, especially to the business customers. The following are the main benefits of energy deregulation to business customers.
