CO-OPCOMPETITION

Competition

Energy Supply Choice

Historically, utilities have had exclusive rights to serve an area in return for meeting an obligation to provide energy to all consumers in that service territory. They were responsible for building and operating generating stations or contracting with wholesale suppliers to provide enough power to meet the changing needs of their customers, constructing and maintaining transmission and distribution lines to deliver energy from the generating stations and installing and reading meters.

Most people recognized that a regulated utility monopoly could build and operate an electric power system more efficiently. If many electric companies had built their own competing power systems, services would have been unnecessarily duplicated. Our streets and highways, for example, would have become clogged with power lines built by different electric companies. Allowing regulated monopolies to serve the public also helped the United States build the world’s most advanced and reliable electric system. In part, this is because electric utility monopolies have been required by law to maintain the capability to provide power to all of their customers at any time at the flick of a switch.

All utility costs were included in the state-approved rate charged by the utility company. Customers received one bill for the entire package of services. However, changes are occurring in how electricity will be sold.

Since many other monopolies have been deregulated over the past decades, various parties felt it was time for change in the electricity business. Healthy competition among power suppliers may result in lower prices and new, innovative services for many businesses and residences. However, it is important that all competitors are competing on equal terms and that you, the customer, can make an “apples to apples” comparison of their offers.

Competition is designed to increase customer choices and create product and service innovations. Properly done, deregulation can be good for the consumer. However, if done improperly, it could lessen reliability, threaten the environment and harm our economy, while delivering few benefits to customers.


 

21 hours ago

Cooperative Living Magazine

Thanks for taking the time meet with our Youth Tour students, Congressman Denver Riggleman!This morning I welcomed students from the Mecklenburg Electric Cooperative and Southside Electric Cooperative
Youth tour who came up to DC to learn about how government works. It was so great to meet you all!
#VA05
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Each June, more than 1,800 young people from around the U.S. head to Washington, D.C., as part of the NRECA Youth Tour. Participants learn about the role that electric cooperatives play in a free enterprise system, especially as it relates to providing electric energy. During the Youth Tour, which is happening this week, students visit Capitol Hill, meet with members of Virginia’s congressional delegation, tour the U.S. Capitol Building, enjoy a dinner cruise down the Potomac River, a Washington Nationals baseball game, sightseeing at iconic U.S. monuments, museums, and much more! Enjoy these photos from the 2019 Youth Tour happening this week! ... See MoreSee Less

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2 days ago

Cooperative Living Magazine

WOW! What a sight to see! ⚡️

As summer storms continue to pop up, lightning safety is an important subject to keep in mind. Find a safe, enclosed shelter. The main lightning safety guide is the 30-30 rule. After you see lightning, start counting to 30. If you hear thunder before you reach 30, go indoors. Lightning causes electric currents along the top of the ground that can be deadly over 100 feet away. For more lightning safety tips, visit: www.cdc.gov/features/lightning-safety/index.html.

ABC 13 - WSET
Wait for it..... WOW! Look at this lightning crawl across the sky on I-35 south Sunday night!

Thanks to Felipe Vial for sending it in. Send your weather video here: cbsaustin.com/chimein
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