EnergyChoiceMatters.com

 

Energy Choice
                            

Matters

Archive

Daily Email

Events

 

 

 

About/Contact

Search

Texas Retail Provider Surpasses 200,000 RCEs, Approaches 100,000 Customers

REP Grows By 50,000 RCEs in Eight Months, Projects 2017 Revenues


October 18, 2017

Email This Story
Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

Discount Power (Texas), a Houston-based retail electric provider, today announced that the company’s RCE (Residential Customer Equivalent) count has crossed 200,000.

In February 2017, Discount Power crossed the 150,000 RCE threshold. Discount Power said that, "In less than eight months, the company acquired 50,000 additional RCEs, despite the fact that the timeframe included Hurricane Harvey and its aftermath."

The company expects to reach the 100,000-customer mark next month.

"We are very proud of the fact that we have reached the 200,000-customer benchmark in just three and a half years, and that too in the highly competitive Texas retail electricity market," said Discount Power Chief Executive Officer Neville Ravji. "I credit the unprecedented growth to the successful execution of our market segmentation strategy, which has allowed us to focus on different market segments with unique marketing strategies and relevant products," Ravji said.

Discount Power is expected to have revenues of $150 million in 2017. While currently exclusively serving customers in Texas, the company plans to expand its service outside of Texas in 2018.

ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com:
NEW! -- Director of Affiliate Business Development -- DFW
NEW! -- General Counsel/ Sr Attorney, Retail Electricity and Gas -- Retail Supplier -- Houston
NEW! -- Operations Manager/Director -- Retail Supplier -- Houston
NEW! -- Analyst/Senior Analyst, Energy Management and Marketing -- Retail Supplier -- Houston
NEW! -- Pricing and Structure Analyst -- Retail Supplier
NEW! -- Retail Sales Specialist, Telemarketing /D2D/Mass Markets -- Retail Supplier -- Houston
NEW! -- Market Operations Manager -- Retail Supplier
NEW! -- Financial Analyst -- Retail Supplier -- Houston
NEW! -- Pricing Analyst -- Houston

Email This Story

HOME

Copyright 2010-16 Energy Choice Matters.  If you wish to share this story, please email or post the website link; unauthorized copying, retransmission, or republication prohibited.

 

Archive

Daily Email

Events

 

 

 

About/Contact

Search