Retail Supplier Formally Announces "Shared Savings" Retail Energy Product In New York, New Jersey

David Energy announced today it is now serving customers in New York and New Jersey as a retail energy supplier with what it called a, "first of a kind 'Shared Savings' product."

The shared savings plan had been first previewed by EnergyChoiceMatters.com

"By combining demand response, retail energy supply, and energy management software, David Energy is able to provide significant value for their customer base," the company said

"David Energy’s team will install smart thermostats and their software platform, Mycor, at no upfront cost, enabling customers to enroll in demand response programs, lower capacity tags, and save on utility demand charges. All of this is handled automatically and in real-time via Mycor, which provides deep insights into customer spending and consumption patterns while providing a simple and first of its kind online consolidated billing process. This novel product will give an advantage to any customer working with David Energy," David Energy said