Competitive purchasing of energy could apply to individuals, groups
Reverse auctions -- in which the bidder is the seller -- have helped larges companies and cities save millions of dollars in energy costs and could be used for ...
Reverse auctions — in which the bidder is the seller — have helped large companies and cities save millions of dollars in energy costs and could be used for individuals and neighborhoods, according to a Southeastern Louisiana University professor in a release.
Professor David Wyld’s idea is to develop an “e-marketplace” where consumers can purchase energy from a number of sources.
“Reverse energy would help consumers save on their energy bills and ‘go green’ in the process,” Wyld said in the release.
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