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