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What is electric deregulation?

In the past, one company provided all parts of your electric service (generation, transmission and distribution, and retail sales). With deregulation, these entities are now separate and you have the power to choose whom you would like to serve you as your retail electricity provider. Keep in mind that the local distribution utility, will continue to read your meter, service your poles and wires so you will continue to receive electricity like you always have.
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