Retail Supplier Recently Entering Natural Gas Market For Commercial Service Reaches 1,000 Customer Milestone

Since entering select commercial natural gas markets one year ago, ENGIE Resources has reached the 1,000-customer milestone.

As previously reported, ENGIE entered the Ohio and Illinois markets in September 2018 and Pennsylvania in May.

ENGIE offers a fixed price product with flexible volumes and contract lengths ranging from six to 48 months.

"The most popular contract is a 36-month agreement and the average term is 32 months," the company said

ENGIE markets its natural gas solution through its own sales team and a network of more than 40 brokers.

"The addition of natural gas to electricity supply gives customers a dual fuel option from a single supplier. Supplier consolidation presents an opportunity for customers to reduce procurement and supplier management costs and simplify the complexities of monitoring processes and compliance," ENGIE said

"From the perspective of a retail energy provider, there is a growing interdependence of natural gas and electricity in energy markets. A robust retail customer base in both enables a strategic look at market signals to effectively manage commodity positions to create a competitive advantage for customers," ENGIE said