Maine Deregulation History
MAINE ENERGY CHOICE
Energy Deregulation gives citizens in Maine the power to choose their supplier.
Maine’s electric utilities do not generate electricity, they focus instead on delivery. The price of electric power supply is established through a wholesale market in New England, and many suppliers who operate in that market obtained licenses from the Maine PUC in order to sell power to retail customers in Maine. Many of Maine’s large industrial and commercial providers buy their own power.
With competition, energy suppliers sell energy commodities to you and provide functions such as customer service, pricing structure, and billing options. These companies purchase electricity from competing power plants, and electricity is delivered to your home or business over the poles and wires of your local Utility Company.
Energy Providers compete for your business by offering lower prices, renewable energy options, added customer service benefits or other incentives. With energy deregulation, you now have the ability to choose the Provider that best fits your needs. If you do not choose an Energy Provider, your energy service will be provided by a company affiliated with your local wire company
No matter which energy supplier provides your service, the Public Utility Commission continues to enforce customer protections and regulate the delivery of electricity to ensure it is delivered safely and reliably by the local wires company.
Energy Deregulation gives energy consumers the option and the “power to choose” their Energy provider in deregulated markets as permitted by the state public utilities governing body.