Friday, January 25, 2008

Fostering competition is part of the answer to rising energy costs

If the legislature wants to do something about high energy prices then they should focus on increasing competition and reducing barriers (such as high corporate tax rates) to businesses. One concrete way to do this is repeal the divorcement laws (mentioned below).

How about some creative thinking like establishing a consumer energy web portal (as California did)with efficiency information, contact info for local energy companies,
state programs for alternative energy, all in one place and setup by
web professionals so the site is easy to use?

Helping consumers shop around is also a key component to reducing energy costs. Today, I reduced my fuel oil bill by 12% or $148 dollars for the rest of the winter by calling various Oil companies in the area
to compare prices. The cheapest I found ($2.88/gal for No. 2 Heating Oil) today was with Griffith Energy Services and tell them I sent you!

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