... successful in other areas, especially the US. Deregulation can also benefit Toronto in ways not directly linked to the electricity monopoly. The deregulation of Ontario Hydro would allow any number of companies to produce, supply, and sell electricity. This, in turn, creates competition, which becomes a major factor, and benefit ... competition will offer the public a choice. People can choose the kind of electricity that powers their home, whether it is natural gas, solar, hydro or wind power. Environmentally minded consumers can opt for "green power" as well. Customers can choose what...

• Word Count: 804
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

... large profits from the unregulated pricing of a household necessity, while consumers would suffer the consequences. On the other, consumers are given the option of choosing which company shall provide their hydro, and have the ability to "shop around" for cheaper energy, thus causing the businesses to suffer. The State of California passed a similar deregulation in 1996, with terrifying results ... of consumer satisfaction with the new deregulation system. After the disastrous deregulation effects in California, meeting consumer's needs must be considered the primary goal. A general surve...

• Word Count: 1225
• Approx Pages: 5
• Grade Level: Undergraduate