In 2006, Hudson Energy Services partnered with Lake
Capital to build a leading, multi-state company providing
commercial, industrial, and multi-tenant residential
customers with a broad range of customized energy
services. Hudson is an energy services company (ESCO),
which is approved by a state's Public Service Commission
and a local utility to supply gas and electric supply
services to commercial and residential customers.
The deregulated retail energy services market in the
U.S. was valued at more than $50 billion in 2005 and is expected
to grow 10% to 15% annually.