What is deregulation and how will it affect Beltrami Electric?
Deregulation refers to the changes in the laws that regulate electric utilities. In a restructured industry, customers can choose the generating company from where they purchase their electricity. Currently in Minnesota, customers receive complete service from the local utility that is assigned by law to serve their area. Under restructuring, each electric utility would be divided into three separate units: the generating company, the transmission company, and the distribution company. Customers could choose their generating company but the electricity would still be delivered by the local utility through the same transmission and distribution currently used.
