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Inertia serves Wyoming as a third-party energy broker for commercial natural gas and solar services as a third-party distributer.
Wyoming is one of several states that has not deregulated its electricity and natural gas markets. The state's energy industry is dominated by a few large utilities, including Rocky Mountain Power and Black Hills Energy, which have a virtual monopoly on power generation and distribution.
In Wyoming, the Public Service Commission (PSC) regulates the rates and operations of these utilities, including setting rates and approving new construction projects. This regulatory structure is meant to ensure reliable and affordable energy for all customers, particularly in times of high demand or emergencies.
Efforts to deregulate Wyoming's energy markets have been met with resistance from some lawmakers and industry groups who argue that regulation is necessary to protect consumers and ensure the stability of the state's energy infrastructure. They also point to the state's abundant natural resources, including coal, oil, and natural gas, as evidence that the regulated market has been successful in meeting the state's energy needs.
Critics of regulation argue that it limits competition and innovation in the industry, and can lead to higher prices for consumers. They point to the success of deregulation in other states as evidence that a competitive market can benefit consumers and spur innovation in the industry.
Despite the lack of deregulation in Wyoming, the state has taken steps to encourage the development of renewable energy sources, particularly wind energy. Wyoming has some of the best wind resources in the country, and the state is home to several large wind farms that provide power to surrounding states.
In addition, Wyoming has taken steps to encourage the development of natural gas as a cleaner alternative to coal. The state is home to several large natural gas fields, and the PSC has approved new natural gas pipelines and infrastructure to support the growth of this industry.
In conclusion, Wyoming's electricity and natural gas markets remain regulated, with a few large utilities dominating the industry. While efforts to deregulate the market have been met with resistance, the state has taken steps to encourage the development of renewable energy and natural gas as cleaner alternatives to coal. The debate over regulation versus deregulation in Wyoming's energy industry is ongoing, and will likely continue to be a topic of discussion in the coming years.
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