HomeMay 10, 2018
Drift Marketplace Seeks Texas Retail Provider Certificate
Uses Subscription, Wholesale Cost Model In New York
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Drift Marketplace, Inc. applied for an Option 1 Texas retail electric provider certificate
As previously reported, Drift is a retail supplier active in New York offering a subscription model for electricity supply, charging a subscription fee of $1 per week with a pass-through of forward purchased wholesale costs optimized for the customer based on algorithms and models, statistics, and machine learning and AI to create more accurate forecasts.
Drift Marketplace in its application did not seek to receive authority to have the option of collecting deposits or advance payments from customers
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