Monopoly or Market Choice: should the monopolies decide?
State law makers are the ones who decide on the passage of laws, but business and their lobbyist try to steer them.
So do monopolies…as has been recently demonstrated in Michigan.
State lawmakers passed an energy bill reasserting monopoly control back to the state electric utilities.
The state lawmakers in rewarding DTE and Consumers Energy with more monopoly control did so at the expense to state residents.
Consider:
- With only 10% of business able to choose their wholesale supplier since 2001; they saved $1.1 billion. But they want to roll this back.
- They will protect outdated and polluting power plants because it benefits the utilities.
- Michigan has some of the highest electrical costs in the Mid-west, because they have little competition and state lawmakers want it this way.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM and Index, Fixed pricing.
Additional information: www.realgyenergyservices.com
Supporting Article:
http://blogs.detroitnews.com/politics/2015/11/09/dte-consumers-closer-full-energy-monopoly/