top of page
Inertia serves Delaware for electricity and solar services as a third-party commercial and residential energy broker.
Delaware's history of energy deregulation began in the late 1990s, following the passage of the federal Energy Policy Act of 1992, which encouraged states to open up their energy markets to competition. In 1999, Delaware passed the Delaware Electric Utility Restructuring Act, which allowed for the deregulation of the state's electricity market.
Under this law, the state's two major electric utilities, Delmarva Power and Light (DPL) and Conectiv Power Delivery (CPD), were required to sell off their power plants and transition to a fully regulated transmission and distribution system. This allowed for the creation of a competitive market for electricity generation and supply.
In the years since deregulation, Delaware has seen increased competition in its electricity market, with new providers entering the market and offering customers more choices in terms of pricing and services. Customers are also able to choose their electricity supplier, which can include renewable energy options.
However, Delaware's deregulation efforts have not been without controversy. In 2005, the state experienced an energy crisis, with electricity prices spiking and energy providers accused of market manipulation. This led to an investigation by the state's Public Service Commission, which ultimately led to the state implementing new regulations to prevent market manipulation and ensure fair pricing for consumers.
Today, Delaware continues to balance the benefits of competition in the electricity market with the need for regulation to protect consumers and ensure a stable energy supply. The state's approach to energy deregulation has been relatively successful, with increased competition leading to lower prices and more choices for consumers.
In recent years, Delaware has also implemented policies to promote renewable energy and reduce greenhouse gas emissions. The state has set a goal to have 40% of its energy come from renewable sources by 2025 and has implemented policies to encourage the development of solar and wind energy.
In conclusion, Delaware's approach to energy deregulation has been relatively successful, with increased competition leading to lower prices and more choices for consumers. However, the state has also learned from past mistakes and implemented regulations to prevent market manipulation and ensure fair pricing for consumers. Delaware's commitment to renewable energy also demonstrates a commitment to a more sustainable energy future.
Contact us for more information to get set up for cheaper energy you can manage your way!
bottom of page