The structure of the natural gas industry has changed dramatically since the 50's. Extremely low selling prices in the early 50's meant a lot of demand from customers, and a severe lack of supply from gas companies. Fast forward to the late 70's.
The Natural Gas Policy Act in 1978 began the landslide that would change the industry forever. For the first time natural gas prices at the source—what is called the wellhead—were gradually shedding their caps or ceiling. The prices were originally regulated to protect you and other consumers from price gouging, but only hurt in the long run by contributing to the supply shortage.
Jan. 1, 1993 marked the beginning of the end for price regulations at the wellhead, and allowed gas to be sold to end users—a.k.a the customers—free of federal price regulations. So what exactly does this mean? Now marketers such as the natural gas providers available at WhiteFence are able to offer you choice and savings—something that didn't exist prior to policy changes. Before the move to deregulation, the natural gas companies were unable to offer the kind of unique pricing and products that they can now in fully deregulated states.
What Deregulation Means for Consumers
Did you know that because of gas deregulation in places like Georgia, Ohio, New York and more, you can shop and compare natural gas companies to find lower gas prices? Regulation meant your service was determined and dependent on your location, where as now you can essentially choose from the best rates and products that are available in your area.
So what exactly does natural gas deregulation mean for you?
- Lower rates, lower monthly gas bill
- Compare companies and their rates head-to-head.
- Switch or transfer service without interruption
- Enjoy several flexible variable rate plans from leading natural gas companies
Enter your address with WhiteFence today to see how you can take advantage of natural gas deregulation and save money on your natural gas bills!
