ECM: Direct Energy: Pricing Pressures "Will" Lead to Consolidation; Could "Improve" Retail Market
March 24,2014
EnergyChoiceMatters.com has a story concerning comments from Direct Energy in which Direct Energy seeks recent pricing pressures as driving consolidation in the retail market, which Direct Energy says could "improve" the market.
Specifically, Direct Energy said that, "a certain amount of consolidation could well improve the market by providing opportunities for well-capitalized companies, which are better able to manage the risks associated with volatile energy markets, to acquire the customers of more thinly-capitalized firms that have little choice but to pass on higher costs to their customers."