RENEWables Episode 14: Understanding Deregulated Power
On this episode of RENEWables, Eli Sachs, of Freepoint Energy Solutions, explains the fundamentals of the deregulated market and the parties responsible for bringing electricity directly to the end user’s doorstep. For both residential and commercial/industrial, the deregulated market decouples the energy transmission from the distribution and the consumption — allowing companies like Freepoint to help customers with their ability to choose a power source. And with more customers looking toward renewable energy options, Renewable Energy Credits (RECs) and other solutions provide opportunities to achieve state-specific Renewable Portfolio Standards (RPS). The nuances of this market are complicated and ever-changing, but this episode breaks down the basics.