Private Energy Distribution & Its Effects

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Private Energy Distribution & Its Effects

Private Energy Distribution & Its Effects

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Public utilities are required to comply with regulations whether at state level or at municipal level. Those who support a deregulated utility system argue that it increases market power, enhance competition and bring market stabilization. As a result of the introduction of holding companies policy, private utilities have come up notably Florida Power and Light Company which is the largest and fastest growing electric utility in the United States. FPL has adopted a multi-thronged approach to production of power with a powerful fuel mix earning it the repute of a most successful clean energy company. Currently FPL power output comes from 52% natural gas and 19% nuclear. The company is projected to add greener solutions to its output in the coming years as it positions itself to meet industry and environmental needs besides to remaining competitive.