Deregulation essays

Deregulation essays The article I chose has to with alternative energy sources and deregulation of the industry. The focus of the article is put on a company called PowerLight Corporation in Berkeley, California. This particular $10 million company designs and manufacturers solar electric products. PowerLight Corp. is a very fast growing company over past years and is expected to grow at an even faster rate in years to come. The government in California provides great aid to these alternative energy companies by just about splitting the cost 50/50 with the consumers when alternative energy products are purchased. Since PowerLight Corp. has been around for some time now they are currently offering 20-year warranties on their products. The article then brings up the issue of deregulation in the industry, leaving the reader to draw his or her own conclusions on the possible and somewhat unpredictable effects it may have when implemented. Undoubtedly, energy is a treacherous business. One can enter the market one year, and have tremendous success, and by the same time the year after they could possibly be bankrupt. Many believe deregulation is the answer to the industrys problem, while others believe it is only the answer to the alternative energy market. Alongside the article from Inc. Magazine discussing PowerLight Corp. and deregulation, I feel it is necessary to incorporate more information on deregulation to validify and clarify my assessment. I used very small clips of articles and industry news from the Electric Light The main goal of these regulatory commissions was to create a reasonable rate structure that would be appealing to both producers and consumers. While this system has worked for many years, it has recently come under heavy criticism, with many people pushing...