Stamford, CT (PRWEB) July 26, 2010
As more states nationwide begin to deregulate the supply of energy to give consumers more purchasing options, independent energy providers are increasing efforts to educate consumers on the power of choice. MXenergy Inc. (http://www.mxenergy.com), a leading independent provider of natural gas and electricity in North America, is one energy company committed to helping consumers separate fact from fiction.
While energy deregulation began almost 20 years ago, many questions still remain and inaccurate assumptions persist about purchasing energy from independent providers. To help educate consumers about the often complicated world of energy deregulation, MXenergy leverages their energy expertise to separate fact from fiction:
FACT: There are now 30 states where consumers can competitively shop for energy prices among authorized resellers.
FACT: Consumers can learn about their options and make informed decisions by researching information provided by the Federal Energy Regulatory Commission (http://www.ferc.ogv) and the National Association of Regulatory Utility Commissioners (http://www.naruc.org).
FACT: Consumers can either take advantage of variable energy rates and search for the best available deal, or lock in pricing at a fixed rate to avoid any possible market volatility. Whether opting for variable or fixed rates, deregulation gives consumers the power of choice, always.
FICTION: In the event of a service outage, the utility company will not be available to remedy the problem if the energy is purchased through another provider. TRUTH: Utility companies are still responsible to provide the energy to the consumer household and have a vested interest in rectifying outages as quickly as possible to restore service.
FICTION: The utility provider will be upset with a customer if they switch to an independent energy provider. TRUTH: Utility providers make their money from the transmission of energy to the home, not on the energy itself. Deregulation gives consumers the ability to negotiate energy prices from independent providers like MXenergy and still have the power supplied through the public utility.
For more information about energy, industry terms and recent news visit http://www.mxenergy.com, call 1-800-785-4373 or email info(at)mxenergy(dot)com.
MXenergy is one of the fastest growing retail natural gas and electricity suppliers in North America, serving approximately 500,000 customers in 40 utility territories in the United States and Canada. Founded in 1999 to provide natural gas and electricity to consumers in deregulated energy markets, MXenergy helps residential customers and small business owners control their energy bills by providing both fixed and variable rate plans. MXenergy is committed to best practices in environmental conservation. MXenergy is a member of the Chicago Climate Exchange and an Energy Star Partner. More information can be found at http://www.mxenergy.com.
Andrea Doeringer or Brandie Gerrish