Does US Energy Deregulation Really Save You Money???

Energy Usage Portion of my Duke Energy Bill - The highlighted is the rider that would not otherwise be there if I had not chosen a supplier other than Duke Energy. This is a percentage of the bill that increases with the use of the service. In Cincinnati, Duke is deregulated for both Gas and Electric services
United States
December 13, 2012 7:22pm CST
If you live in one of the 29 states that have this program in one form or another and you pay Gas and/or Electric in your home, you've heard of Energy Deregulation. Basically this breaks up Energy Company monopolies by allowing other suppliers to provide you energy. This is supposed to keep energy prices from rising too high in an area, or so they will tell you. (If you want to know if your state is an Energy Deregulation state, go to the following link...although you may not want to after the rest of this article smh) ***NOT A REF LINK!!!*** I now know for a fact that, at least in Duke Energy's territory, Energy Deregulation actually RAISES THE ENERGY BILL...no matter how low the suppliers rate for energy is. You see, Duke Energy charges what's known as a TRANSPORTATION RIDER on any account that chooses an alternate supplier for their energy services (again, gas and/or electric in the state of Ohio) This charge is simply because they own the pipes and/or lines that bring the energy into the home. I recently signed up for a different Energy Supplier because they offered a lower rate and an incentive plan as well...fully aware of that little known fact above but figuring it couldn't be that much of a charge. Today I got my bill and as you will see in the photo attached, the charges for this rider are almost HALF of what I used in Electricity!!! I called to find out about this and also learned that this Rider is not just a flat percentage, but it INCREASES the more energy you use!!! Now, be aware that this is a charge that outside WOULD NOT EXIST!!!! Putting these pieces of the puzzle together, its easy to see that Energy Deregulation was not made to break up Monopolies, but actually STRENGTHENS THEM, since the cheapest option will always be to stay with the local company. Now, I'm making a big assumption since I'm only familiar with Duke Energy, having worked for them in the past as well as living here all my life. But I am willing to bet the farm that since the same ownership goes for any local Energy Utility, there's some form of transport charge on anyone's Gas & Electric bill who opted for an outside supplier for one reason or another...promo was nice, cash back maybe. That's exactly why I'm bringing it to you MyLot. Who out there has opted for an alternate supplier? Have you checked your energy bill and do you see an extra charge? If you don't understand your bill I may be able to help if you tell me the company. Trust me I'm not trying to get you to try green, red, orange, or any color type energy!!! With this economy we need to save each and every penny and if you fell for this Government bait and switch like I did I want you to find out and be able to rectify it ASAP!!!!
1 response
@savak03 (6684)
• United States
14 Dec 12
We don't have that here but I wouldn't put it past them. Actually I still remember when they deregulated the phone company. It was supposed to be sooo much better. Better service and cheaper. We all know how well that went, right? Now most people can't afford a land line and you still have to deal with the one company that services your area.
1 person likes this
• United States
20 Dec 12
You don't have any type of government assistance program that gives you a discount on landline and/or cell phone service if you receive public assistance? I actually don't remember any phone company deregulation, at least not here in Cincinnati Ohio (maybe something that happened before I started paying bills? lol)