Selling energy could be even bigger business in New York, but whether those profits truly materialize could depend on a battle of acronyms in Albany.
The state’s Public Service Commission is fighting on multiple fronts, including state and federal court, with the nearly 200 energy service companies that want to sell energy in New York. The crux of the conflict revolves around the charge from state regulators that ESCOs target low-income customers and fail to deliver on their advertised promises.
Marie French, the energy and environmental reporter for Politico NY, joined Poozer Politics to explain how an ESCO operates, provide a status update from the PSC’s war and talk about New York’s energy future.
The episode also features excerpts from state lawmakers and regulators, who are divided on the threat posed by ESCOs and the merit of the PSC’s actions.