Sunday, April 1, 2012

Utter Chaos

Utter chaos. We are all on our own without a playbook. That’s what deregulation of electricity in Cincinnati has caused. Thousands are "bargaining away" unknowingly. Marketers get us to leave the comfort of our local utility with focus on a false bogey: average price over the past time period. Who benefits? Marketers are scooping up most if not all the benefits of the plunge in natural gas market AND since January 1, 2012, natural gas is now the driver in electricity rates! We are all being scammed in ways we do not see, both on electricity and natural gas. Aggregation cuts the problem down but at a price. Stay tuned.