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kesagatame-and-Chill t1_j19eut9 wrote

You can still make money and not be greedy. My family business did this successfully for years. It was the American standard until the '80s.

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chroniclerofblarney OP t1_j19s8ae wrote

I get it. But in this case, the third-party has to buy the energy from eversource at a higher rate than what they are charging to the customer (i.e. me). So how are they making up for that loss? If electricity costs $.24 per kilowatt hour from eversource and the third-party is only taking $.17 from the customer, how does that work? The only thing that makes sense to me is what another poster put here, which is that they are hoping that the price that eversource charges will drop below the $.17 and customers will be too lazy or forgetful to change their supplier when the time comes. That seems like such a strange gamble, as it depends upon the rather unpredictable irrationality of the customers. But it’s the only explanation that makes any real sense to me.

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