CNBC Profiles Retail Supplier Drift, With Its Peer-to-Peer, Algorithm-Based Business Model
September 11,2017
CNBC has profiled New York ESCO Drift, whose business model is based on passing-through wholesale prices plus a fixed monthly charge ($1 per week), relying on algorithms and peer-to-peer purchases and sales to lower wholesale costs for its retail customers
Drift's formation and business model had been exclusively first reported by EnergyChoiceMatters.com in 2016
Highlights from CNBC's story include
• Drift is serving "hundreds" of customers
• Drift has developed models for 16 additional states
See CNBC for the story
Tags:
Drift
New York
Innovation
New Products
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