A system under which more than one electric or natural gas provider can sell to retail customers, and retail customers are allowed to buy from more than one provider. See Direct Access.
The ability of small business and residential customers to choose an ESP or ESCO. By selecting a new supplier you are participating in retail competition. Deregulation aims at creating competition amongst suppliers by allowing the consumer to choose the lowest cost, best service supplier. This competition in the generation section of the electricity market will, over time, drive down costs.
Permitting end-use customers to contract directly with suppliers for their electric or gas service, while transmission and distribution companies provide for delivery of the service.
A market structure in which individual customers could buy from more than one supplier. The supplies could be sold first to a pool, with individual customers or aggregators of customers buying their supplies from the pool, or they could be bought through contracts with the suppliers directly.
The concept under which multiple sellers of electric power can sell directly to end-use customers and the process and responsibilities necessary to make it occur.
A market that allows more than one energy provider to sell directly to customers and, where customers have the choice of buying from more than one provider.
The concept under which multiple sellers of electric power and services can sell directly to end-use customers. (See also Direct Access.)
In electricity, an open marketplace in which end-use consumers who do not participate in the IMO-administered wholesale market may purchase power, either individually or as part of a group, directly from any supplier.
A system under which more than one electric provider can offer to sell to retail customers, and retail customers are allowed to choose more than one provider from whom to purchase their electricity.