Incite Energy Acquires Texas-Based Broker-Consultant

Incite Energy, a Houston based energy management and demand response company, announced that it has acquired the assets of Dallas, TX based energy consultant, River Oaks Energy.

Since 2003, River Oaks Energy has provided customer-focused strategies, market insights and competitive, customized rates from tier 1 suppliers to their customers. River Oaks Energy also provides resources and tools for customers to benefit from energy deregulation.

Incite Energy said that the acquisition of River Oaks Energy, "is representative of Incite Energy’s ongoing growth and development strategy."

"We are very excited to have River Oaks Energy join our team. This acquisition enhances our customer-centric values and principles. As we continue to grow and expand our nation-wide footprint, our shared vision of solutions-based energy management will help our clients in reducing costs and the use of our proprietary Energy Analytics software will simplify data analysis." said Incite Energy President Jared Crane.

"Incite’s acquisition of River Oaks Energy will allow us to offer a broader suite of energy services that will benefit our customers and provide more opportunities for our employees," said Duane Lock, President, River Oaks Energy.

"I’m looking forward to being a part of the management team going forward," Lock said