Why Change Now?
Initially, the electric utility industry was regulated to minimize duplication of facilities and ensure the least-cost reliable electricity supply to all customers.

There are several reasons why industry restructuring is desired. These include:

• Customers want lower prices, which historically have varied widely.
• The introduction of competition to the wholesale electricity market is leading to competition in the retail market.
• More companies wish to expand their product and service offerings to include those traditionally provided by electric utilities.

Also, improved technology makes competition in the electricity supply business practical where it was not practical in the past.