Residentials

The majority of residential gas customers interviewed inBrooklyn and Long Island said they want their existing utility as aprovider of choice in a competitive retail market, according tomarket research results presented by a Brooklyn Union (BU)executive yesterday. The findings fly in the face of the New YorkPublic Service Commission’s directive ordering all utilities toexit the merchant natural gas role.

Frustrated by the pace of electric competition’s development inCalifornia, Enron has stepped out of the battle for residentialcustomers, at least for the time being. Enron blamed severalfactors for its decision. Consumer response has been disappointing,and state regulations put a crimp on the profitability of thebusiness.