Creator Profile - ViralVibes
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Wealth Transfer For decades (until the late 20th century), a handful of utilities enjoyed a monopolistic stronghold on the energy industry. They controlled the generation, transmission and distribution of energy to the consumer, and the entire customer experience when paying their bill or calling in for questions. Their business model was protected by law. They were free to create their infrastructure and set their own price. There was no choice in the matter, or at any point in the supply chain. The customer was referred to as the ratepayer. However, this all changed when legislation was introduced to force energy deregulation. As deregulation has spread, we are witnessing a revolution in the industry. The energy industry is now a true marketplace with competitive forces jostling for the biggest market share. Deregulation caused a restructuring of the industry and we've seen some major advances in technology, but best of all, by breaking up the monopolies it has opened up an enormou
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