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The Residential Power market is a segment of the electricity industry that focuses on providing electricity to residential customers. This market is typically served by utilities, which are regulated by state and local governments. Utilities are responsible for the generation, transmission, and distribution of electricity to residential customers. The residential power market is characterized by a variety of pricing structures, including fixed-rate, variable-rate, and time-of-use pricing. Additionally, many utilities offer incentives and discounts to customers who use energy-efficient appliances and equipment.
The residential power market is highly competitive, with many companies offering services to residential customers. These companies include traditional utilities, independent power producers, and energy retailers. Traditional utilities are responsible for the generation, transmission, and distribution of electricity to residential customers. Independent power producers are responsible for the generation of electricity, while energy retailers are responsible for the sale of electricity to residential customers. Show Less Read more