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Texas REP Reports Profitability, Customer Growth

April 2, 2015

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Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com

Summer Energy Holdings, Inc., the parent company of Texas retail electric provider Summer Energy, LLC, announced that for the fourth quarter ending December 31, 2014, the company achieved profitability and had three months positive EBITDA of $247,000.

Summer Energy also announced that its customer count continues to grow and, as of March 31, 2015, exceeded approximately 63,000 Residential Customer Equivalents (RCEs).

"It brings me great pleasure to share our team’s accomplishments as we worked diligently during the past year to position Summer Energy for sustained growth," said Neil Leibman, CEO of the Summer Energy. "We enter 2015 well-positioned to continue expanding our customer base and capturing greater market share."

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