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How Can an ESP Survive?(energy service providers)

By Faruqui, Ahmad
Publication: Energy
Date: Thursday, June 22 2000

Competition aside, energy service providers are still losers.

Energy service providers (ESPs) continue to lose money in the United States, two years after the introduction of competition in California, the New England states, and Pennsylvania. According to publicly available documents, these losses collectively exceed half a billion dollars annually. Two of the largest firms in this market, ENRON and PG&E Energy Services, are respectively losing about a hundred million dollars a year and about fifty million dollars a year. In the English market, ten years after the intr

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