Eli5 How do people choose different electric companies if it’s all on the same power grid?
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There is likely only one regulated supplier in your area. They are subject to governmental oversight and an actual utility company. (in my area, that’s com ed.) They maintain and manage the power grid. If you choose an alternative power company you are selecting an unregulated supplier. They have negotiated an aggregated price for power usage and what you’re really signing up for its to be part of their prenegotiated price plan, rather than being billed at the utility’s going rate. But in practice this is really just the illusion of choice. The utility company is still the one delivering the power to you. And in my experience the utility company likely has the better prices anyway.
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