Energy deregulation is picking up speed across multiple markets and providing a cheaper way for customers to get electricity.
Energy deregulation is picking up speed across multiple markets. In truth, this has been going on for a while. While there are a few areas where it’s slow to catch on, the good news is that a lot of new energy providers have entered various markets. You’re still getting the same electricity, it’s just from a different provider. That provider may be cheaper, they may be more expensive. In a free market economy, you get to decide what’s right for you and your home. Or let’s look at it this way. The San Antonio Spurs had The Big 3 for quite some time; Tim Duncan, Tony Parker, and Manu Ginobili. Each one had their strengths and weaknesses. Each one, ultimately, contributed points to their overall wins. While the Big 3 have, sadly, been dissolved, there are still plenty of games to watch this upcoming season. Check out the best internet and cable deals so you can save some cash while watching your team win. Now, were those points any better if they came from Duncan, Parker, or Ginobili? Not at all. So long as they were scoring, that was all that mattered.
Tim DuncanThe 6’11” power forward from Wake Forest University was drafted by the Spurs in 1997 as their first pick. He would remain a Spur for the entirety of his 19 seasons in the NBA. Every season while Duncan was on the roster—every season—the Spurs went to the playoffs. Playing 1392 games, he averaged 19 points per game, ten rebounds, and three assists. Fifteen times an all-star, Duncan helped lead the Spurs to five championships. Some nights Duncan was on fire, some nights he wasn’t. Every game, however, he was consistent in his playing and was always reliable. Duncan wasn’t a flashy player, he didn’t strut on the court or made a big display when he got the score. He stuck to the basics and it worked for him. This earned him the nickname “The Big Fundamental.” Tim Duncan retired in 2016.
Tony ParkerStill active in the NBA, Tony Parker got his start playing in France. In 2001 he was drafted by the Spurs. The 6’2” point guard would go on to dominate, averaging 15 points per game, two rebounds, and five assists. Despite playing for the Spurs for seventeen seasons, Parker was traded to the Charlotte Hornets recently.
Manu GinobiliThis one hurts a little as the great Manu retired on August, 27th, 2018. He’s the last of the big three to leave San Antonio. Yet, during his time for the Spurs, Ginobili played 1057 games, averaged 13 points per game, three rebounds, and three assists. His playing style was less fundamental and a little bit crazy. During one game around Halloween, a bat found its way into the AT&T Center. Gameplay was halted while the staff tried to figure out how to capture a flying bat. Ginobili solved the problem by swatting it out of the air. He’s also known for stuffing James Harden and holding the record for steals for the San Antonio Spurs. These three players had the opportunity to move to other teams. With the exception of Parker, they chose to stay with the San Antonio Spurs for their entire careers. Players move from team to team all the time. They’re offering their ability to put points on the board, much like energy deregulation. Energy companies are like players and teams, putting points on the board. Sometimes they can do it more efficiently than others. Sometimes they can do it cheaper than others.
The Big 3 and Energy DeregulationDuncan, Parker, and Ginobili created the nucleus around which other players could attach to and excel. This style is commonly seen among many dynastic teams. Michael Jordan, Scottie Pippen, and Dennis Rodman provided the same foundation for the Chicago Bulls in the late 90’s. Lebron James, Dwayne Wade, and Chris Bosh took the Miami Heat to multiple championships from 2011 to 2014. Other players joined these triads to go on to win championships. It’s rare that a team goes all the way thanks to a single player. The point, pardon the pun, is that these teams consistently scored well in each game. It wasn’t who was playing so much as how well they played. Energy companies are acting in the same capacity. Through energy deregulation, they can provide the same services. A company may not do it with dramatic flair, but they get the job done. Much like the San Antonio Spurs. The San Antonio Spurs have long been looked down upon because they didn’t play with flash or drama. Thanks to their coach, Greg Popovich, the Spurs have stuck to a fundamental style. It’s not showy. But they’ve won five championships under Pop and gone to the playoffs every year. Coincidence? I think not.
How Does it Affect Cost?Getting points on the board is ultimately what matters. Getting energy to your home is ultimately what matters. As more and more energy companies enter the market, there are more and more chances for customers to get their energy at lower prices. Let’s look at it this way. In 2013, the San Antonio Spurs and the Miami Heat met in the NBA Finals. The Miami Heat ended up winning that year due to some, ahem, questionable officiating. It also helped that Miami had James, Bosh, and Wade. They also had other players on their roster. Let’s keep with “The Big 3” metaphor for right now. The salaries of Miami’s big three were as follows;
- James- $19,067,500