A lot of people don’t know how energy deregulation works, so in this article I’m going to give you a quick review on energy deregulation in Ohio specifically.

In the United States there are specific states that are considered energy deregulation states. Ohio is one of the states that has deregulated. But what exactly does that mean for you and I?

How Energy Deregulation Works in Ohio

Quite simply, energy customers are no longer obligated to purchase their power/gas from their local utility. Now customers are allowed to purchase their energy through 3rd party providers.

In most cases customers continue to receive their services from the same utility, but now with energy deregulation in Ohio they also have the opportunity to choose who they want their energy provider to be. So energy deregulation is really all about choice.

So what normally happens is you will still get your bill from the utility, but the “deliverer” of the energy has changed. All energy companies purchase their energy from a 3rd party. Now you get to choose who that 3rd party is.

As with anything, since the deregulation of energy has started to gain popularity, savvy business people have also found ways to capitalize on it and create opportunity from it at the same time.

The same thing took place in the telecommunications industry back in 1996 when Bill Clinton signed the Telecommunications Act.

What that did was created a lot more opportunity for outside entities to get a piece of the trillion dollar pie in the telecom arena. Without the Telecommunications Act, today there would be no online phone services like Skype and Vonage or getting your phone service through your local cable company.

So pretty much if the telecom industry had not deregulated then there would probably only be AT&T when the topic of phone service came up. Lots of people got extremely wealthy by being in the right place at the right time when the telecom industry deregulated.

So maybe you missed out on the telecom gold rush. Maybe you also missed out on Microsoft stock, or Google. Maybe you missed out on the chance to cash in on those opportunities but the deregulation of energy is a whole different beast.

Warren Buffet has been recorded “on record” for saying that the deregulation of energy will be the largest transference of wealth in the history of the United States.

Now I don’t know about you, but when one of the richest men in the world gives their advice on what’s the next big thing I think it would be in your best interest to pay attention. Don’t you?

Capitalizing on Energy Deregulation in Ohio

What’s absolutely exciting about what’s taking place in the energy business is that regular people just like you and I are capitalizing big time on what’s happening right now as we speak.

If you live in Ohio for example, you have the ability right this second to get involved in the energy sector and start getting your share of the transference of wealth that Warren Buffet was talking about.

But how can I make money from energy deregulation you ask?

With a simple concept, called referral marketing.

Energy Deregulation Opportunity

There are companies out there who offer energy services in your local area that will actually pay you for helping them build their customer base.

There are many different companies out there that do this but very few of them are as reputable as the one that I use. Imagine, every time you refer a new customer you receive a pay raise. But not only that, you get paid on the bills of every one of your customers, each and every month – just like a regular utility company would.

So in essence, by becoming involved you’ve actually become your own energy company – in a sense. Keep this in mind. Virtually every adult in America pays bills. See the sweetest thing about being paid month after month on energy is people are paying bills for something that they CANNOT go without.

See when hard times strike people will go without their cell phones if they have to. They’ll also go without their car insurance. People will even go without their cable if they have to (God forbid). But the one thing they can not and will not go without are their lights or their heat.

Energy is not a luxury, it’s a necessity. So having the ability to earn a passive residual income from it is amazing!

If you have questions about any of this or you would like to know more about how you can cash in on the deregulation of energy in your area click the banner below. Or send me a text message at the number on that banner and then I’ll give you a call right back!

Energy deregulation in Ohio actually covers both gas and electricity so you get twice the earning potential.