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NY Paper: Consumer Loss From ESCO Service Could Be "Billions"

February 12,2018



The Binghamton, New York Press & Sun-Bulletin published a multi-part feature on ESCOs and the PSC's current investigation into the retail energy mass market

The Press & Sun-reported that, "Rather than save consumers money, those who signed up under the state Public Service Commission’s program paid nearly $820 million more for electricity and gas than if they had stayed with their local company, according to a PSC analysis of the 30 months ended in June 2016."

"Since the deregulation program began, the consumer loss could be in the billions, based on study estimates," the paper reports

See the Press & Sun for the stories

AT RISK: NY reviews electric, gas free-choice program; consumers ended up paying more

Shopping for electricity a daunting task



Tags:
New York   Deregulation  

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