Events        Jobs        Contact        Migration Stats        Supplier Lists        Municipal Aggregation
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  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
TPV-SALES-EXECUTIVE -- Back Office Provider -- Other
Sr-Market-Risk-Analyst -- Wholesale Supplier/Trader -- New York - New York City Metro
Head-of-Retail-Operations -- Wholesale Supplier/Trader -- Other
Energy-Regulatory-Specialist -- Other -- Other
More Stories on RetailEnergyX.com:
Shell, Microsoft, Others Launch the Open AI Energy Initiative, Ecosystem of AI Solutions '
Schneider Electric Collaborates With Station A For AI-Based Distributed Energy Solutions
Long Island Lawmakers Decry "Poison Pill" Charge In LIPA Tariff For Opt-out Municipal Aggregation
NY Agency Reminds That Unsolicited Telemarketing Calls Are Prohibited During State of Emergency
Amazon Announces $2 Billion Climate Pledge Fund to Invest in Companies Building Products, Services,


comments powered by Disqus





Advertise here:
Email retailenergyx@gmail.com


Events Jobs Contact Migration Stats Supplier Lists Municipal Aggregation

About Disclaimer Privacy Terms of Service

Home


Developed by: Avidweb Technologies inc.