Watch as jim connolly vice president of sales at direct energy business presents a snapshot of today s deregulated energy markets and the opportunities and challenges ahead.
Deregulated energy business opportunities.
Energy deregulation has created a tremendous opportunity for people to create aditional income streams.
While deregulation is becoming more and more prevalent in this country many consumers living in these markets actually know very little about energy deregulation.
These markets offer residential and business property owners with the unique opportunity to choose their energy supplier much like many consumers today choose their own phone supplier.
It removes a regulation that interferes with firms ability to compete especially overseas.
The opportunity comes from the convergence of 3 powerful forces in business.
Deregulation is when the government reduces or eliminates restrictions on industries often with the goal of making it easier to do business.
A move toward energy regulation.
1 deregulation 2 the direct sales industry.
To resolve these issues and provide dependable service to energy users the us government passed the public utility holding company act often referred to as puhca in 1935.
A 500 billion shift in wealth is taking place as energy deregulation occurs.
How can i capitalize on energy deregulation.
With energy deregulation comes an opportunity for unscrupulous individuals and companies to take advantage of ill informed consumers and their displeasure with the traditional utilities.
It s up to companies like ours to inform and educate retail electricity customers on all of the choices available to them.
The deregulation of the downstream petroleum industry despite the opposition to its implementation evidence suggests comes with a number of opportunities and benefits for the nigerian economy.
Keynote filmed in chicago at the conference for the energy professionals association tepa and the illinois energy professionals association ilepa on july 9 2019.