Deregulation

Deregulation

In

The process of lessening the amount of government regulation and oversight applied to utility companies. As with other industries that have been deregulated, natural gas deregulation has increased customer choices. Before deregulation, utilities charged their customers for all the necessary steps to get the natural gas from the production field to the customer’s home or business. This included purchasing the natural gas, delivering it to the customer, measuring the customer’s use, providing emergency service, and billing the customer. The complete package of services has been unbundled so that a customer can choose to separate the gas purchasing transaction from the delivery transaction.