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Broker-Consultant 5 Officially Launches Service
May 16, 2012
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Copyright 2010-
Broker-consultant 5 has officially announced its launch of service.
As only reported by Matters, 5, which is a trade name for L5E, LLC, is comprised of former industry executives including the CEO, Presidents, COO, and Board Member of large retail electric providers and Board Member of the Commodity Exchange and NYMEX.
Specifically, 5's officers include Brian Hayduk, Jon Moore, Eric Plateis, Jeff Schiefelbein, and Josh Coleman, who have all held a variety of senior positions at retail energy companies, including but not limited to First Choice Power, Juice Energy, and/or Constellation NewEnergy.
5 was launched throughout Texas earlier this year brokering electric and gas service, and has surpassed 100 clients in less than three months.
5 said that it expects to continue developing its Texas business over the next several months before, "expanding into additional markets." In addition to Texas, 5 is active in New York for electricity, and told Matters its plan is to grow into a national provider.
According to its website, 5's Texas brokering also includes residential service in addition to commercial and industrial service.
Aside from brokering commodity supply, 5 told Matters that it also provides solutions for economic and ERCOT-administered demand response programs.
"We started 5 because it's absolutely the best platform from which to help people," said Brian Hayduk, the President of 5 and a partner. "My partners and I have spent our entire time in the industry on the supplier side and it always felt like we were trying to help customers with one arm tied behind our back."
Hayduk was previously President at First Choice Power, President at Juice Energy, and senior Vice President at Constellation NewEnergy.
5 said that its goal is, "to blend technology with a wealth of supplier and commodity market expertise in order for its Energy Advisors to deliver superior products and energy cost management to clients." 5 said that it has developed extensive back-office automation to support its energy advisors and a proprietary modeling system to assist clients with their energy strategy.
Copyright 2010-
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