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Ohio Energy Deregulation and Emergence of Alternative Sources

Dana Lucas - Thursday, February 02, 2012

Energy deregulation has occurred in multiple states.  With the end of energy monopolization in deregulated states, companies have had to vie for consumer business.  The deregulation has also opened the door for alternative energy companies to emerge as viable options for consumer use.  Ohio energy deregulation occurred in 2000, and almost immediately, a push began for the use of alternative energy sources, many of which were considered more environmentally friendly.

Though energy deregulation has resulted in some economic ups and downs for Ohio, the state has continued to push for further implementation of “greener” energy.  It is now a requirement that 25% of the energy sold by utility and electric companies come from alternative energy sources by the year 2025.  Consumers are being urged to seek out alternative fuel sources and to reduce their overall carbon footprint.  The deregulation of energy in the state, while not as fiscally successful as some hoped it would be, did facilitate a movement towards environmentally sound energy practices, which are, in the long run, far less costly than their traditional counterparts. 




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