Energy Slamming Effects on Deregulated Energy

The purpose of a deregulated energy market is to enable consumers to voluntarily chose their alternative retail electric supplier, and in turn, find the lowest rate possible. The “advantage” of being able to shop around for the best electric and/or gas plan and choose your energy provider is intended to help millions of consumers save on their energy bills. Or at least, this was the case until “slamming” occurred.