Stream Energy Announces Entry into Pepco, Fast-Growing Energy Retailer’s Second Maryland Market
Chairman Rob Snyder Announces Expansion Subsequent to Last Month’s Entry into BGE Market
04-05-2011 – Stream Energy, the world’s largest network marketer of energy, announced its commencement of operations in the Pepco service area of the Maryland electricity market, an expansion from the firm’s entry into BGE earlier this year. The move comes as part of an ambitious expansion plan demonstrated by the firm’s successful entry into the Pennsylvania electric market a few months ago.
Stream Energy begins accepting residential customer requests for service in the Pepco service area in central Maryland Tuesday, April 5th.
“Maryland residents have already indicated interest in our competitive rates and our business model of direct sales to customers,” said Stream Energy Chairman Rob Snyder. “Our wholly-owned marketing arm, Ignite, provides one-to-one education for consumers and has helped hundreds of thousands of Texans, Pennsylvanians, Georgians — and now Marylanders — find answers to their questions about energy deregulation from the people they know and trust.”
“Marylanders are also seeing an opportunity for their families to earn income with a retailer that has a proven income-generation model,” Chairman Rob Snyder added. The full service network marketing approach utilized by the Ignite sales organization uses a “person-to-person” marketing methodology that has empowered the firm’s army of thousands of independent associates to earn residual income from the sale of deregulated power.
Dallas-based Stream Energy is the longest-tenured direct seller of energy in America. Moreover, Stream Energy’s business model, evoked by the catch phrase “It’s OK to switch. Really®,” is helping promote the successful deregulation of retail energy within Texas, Pennsylvania and Georgia.
Stream Energy and Ignite now claim annual revenues of $845 million, marketing electricity in Texas, Maryland and Pennsylvania and natural gas in Georgia. Stream Energy has won several Awards of Excellence from the prestigious Platts Global Energy Awards, while Ignite is consistently ranked among the top Direct Selling Companies in the World.