| Frequently Asked Questions |
 |
| L. What is FERC doing to reduce electricity and natural gas prices? |
|
|
| Q: |
L. What is FERC doing to reduce electricity and natural gas prices? |
| A: |
FERC is working with the states to monitor the natural gas and electricity markets to ensure that energy companies are not holding back supplies and manipulating the markets and prices. FERC has also taken action against energy companies that have violated federal energy law. See Market Oversight & Investigations and Settlements.
FERC is also trying to reduce prices by providing financial incentives to energy companies to build more natural gas and electric generation facilities to keep up with the increased demand. This is primarily done by allowing energy companies to sell energy at "market based rates."
FERC is promoting conservation and Demand Response. The latter would offer financial incentives to industry and individuals to not consume energy at certain times. This reduces the demand for electricity and reduces prices.
Visit our Energy Supply and Demand section and our Winter Energy Outlook 2005�06 page for examples.
|
|
|
|
|
|
|
|
Some new questions may be too specific to be added to the general knowledge
base contained in the Frequently Asked Questions. If you include contact
information, the sole use of this information is to contact you, either
by phone or by e-mail, in order to provide the answer to your question.
If you do not provide contact information, we may not be able to provide
the information you seek. For further information, see our Privacy
Policy and Contact Us.
|
|
Maintained with the Ocean12 FAQ Manager Pro v1.01
�02 Ocean12 Technologies, all rights reserved. |
