
Competitive
Electricity and the Future
As the
21st century gets underway, Pepco and much of the electric
utility industry are undergoing an important change: the
electric generation industry is being deregulated, which
means that the market for electricity generation is open to
competition.
Previously,
your electric service was provided by a regulated monopoly,
and Pepco was your sole electricity provider. Pepco
generated, transmitted and delivered electricity while charging
prices set under a regulated market.
Now,
with competition, you have the opportunity to choose
who generates your electricity. With competition, the rates you
pay for electricity are set by the marketplace rather than
by regulators. Opening the market to competing companies
has launched a new era in electric service that could provide
you
with new choices.
It
is up to you to determine the best option for
you and your household. For more information about the current available choices, go to www.dcpsc.org.
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