Energy consumers across the US are complaining about their energy bills becoming increasingly more expensive. It needs to be said that the US is not isolated in this challenge and countries around the world, especially in Europe, are also dealing with increases in energy prices. Still, many wonder how the energy crisis in the US […]
Is Biden to blame for high energy prices? Read More »
In a regulated market, people have no choice but to get their energy from a local utility company. When the energy market is deregulated, however, energy consumers have the right to choose who supplies their gas and electricity. Many countries around the world have deregulated markets. In the UK, for example, the process of deregulation
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What is the Inflation Reduction Act and what will it change? This week the US Senate approved a $420bn package supposed to deal with climate change, lower drug prices for the elderly, and impose higher taxes on the richest. Out of the $420 billion, $369 billion will be allocated to funding for climate and clean
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If you think that the wholesale energy markets in the UK are complicated, simply wait until you see the American system. Although complexity is not necessarily a bad thing, it does take a little bit of swotting to understand what is going on… In this article, we will attempt to translate exactly what all of
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The complete guide to energy deregulation in the United States. So, you may have heard that some states across the nation have deregulated their electricity markets. Today, certain energy users in the United States can choose where their energy comes from. However, this wasn’t always what happened. You may be asking questions like; what exactly
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Your electricity bill might be different to your neighbour’s as the price you pay depends on various factors such as the state where you live, your energy consumption, the number of people using electricity, and the size of your business or home. Here we analyse electricity prices in the US to give you an overview
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We all consume energy in various forms, but how many of us know exactly where it comes from? Or more importantly, how it gets traded and transported… The Wholesale Electricity Market – What is it? At its most basic, electricity is a commodity like any other that can be bought, sold, and traded. The wholesale
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The US equivalent of Ofgem is FERC, or the Federal Energy Regulatory Commission, who oversee wholesale and transmission of electricity. On a local level, the individual states have jurisdiction over local distribution. Local distribution, retail sales of electricity inside a state from one entity to an end user, and the siting and development of transmission
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All houses and business premises in the US that use natural gas have to have a gas meter installed to keep track of their consumption. Depending on what you use it for, you might be interested in one of eight available natural gas meter types. Four of them use traditional and four use new gas
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Utility companies will use two different types of electric lines to transport electricity directly to you. For long-distance, high-voltage electricity transportation transmission power lines are used (the type you can usually see on the side of the freeway). For shorter distance transportation, distribution power lines are used. These will transport lower voltage electricity across a
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