Posted by: admin | August 8, 2010

Deregulation and IDT Energy

IDT Energy is an ESCO, which means it is an Energy Supply Company. Several years ago the state of New York legislated the separation and deregulation of the energy market with the intention of fostering the competition which traditionally, in the United States, allows companies to compete in the energy marketplace for customers, thereby improving services and helping control prices, giving more consumers more choice.
This trend has been seen in many states, where legislatures and the public utility commissions of those states have deregulated the power industry, opening retail competition for electric and gas supply.

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