The following is a reprint from the Media FAQ (Frequently Asked Questions) page on Ambit Energy's corporate website. If you support clean, renewable sources of energy like natural gas, wind, solar, and biomass, I suspect your answer will a resounding YES. Ambit Energy is one of the companies making it possible.
"By opening markets to competition, retail pricing is now based on market forces, not government mandates. As in any other competitive industry, when real market forces determine prices, rather than artificial price controls, everyone wins. There are currently 23 states in various stages of deregulation. Of those states, half are at or below the national average for utility rates (based on the US Energy Information Administration’s most recent 2008 statistics). And energy deregulation is relatively new. As these markets continue to mature, we believe those averages will continue to become more competitive. It should be noted that the majority of the still-regulated states that are cheaper rely on “dirty” sources of energy – primarily coal. In Texas, on the other hand, a de-regulated state right around the national average, “dirty” sources are being phased out. Coal is no longer a majority source of power generation. In fact, the majority of power sources (more than 60%) come from “clean” and/or renewable sources such as natural gas, wind, solar, and biomass."
Oscar Carter
(212) 316-2271
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