Electricity deregulation has opened up the marketplace in a number of states and has enabled consumers to choose from multiple electricity providers who now compete for their business. In areas where the electricity marketplace is still regulated, consumers have only one option when it comes to choosing an electricity provider (the incumbent). The point of deregulation is ultimately to reduce prices and by introducing competition and choice into the market.
When my wife and I were in Europe last summer, we saw quite a few electric on demand water heaters in use. Tesla Off Grid Generator Blueprints This was interesting to me since I'm accustomed to the traditional water heaters that we have in the United States. You know, the large round water tank that most of us have in our basements or garages. But seeing those point-of-use water heaters so commonly used made me think. Why would Europeans use this type of water heating system so much? What are the benefits? And are there drawbacks?