COSTA MESA, Calif., June 7, 2005 (PRNewswire-FirstCall) — Commerce Energy Group, Inc. the largest non-utility retail energy marketer in the U.S. announced that it has entered two new utility markets in Texas, AEP and TNMP, which are in South and West Texas. Commerce Energy is currently serving over 9,000 customers in Texas’s two biggest markets, Centerpoint and TXU (Houston and Dallas). The expansion brings the total number of markets served nationwide to 19 utility markets in 9 states.
“Expansion into these new Texas territories is a continuation of our strategy to expand into new gas and electric markets to further diversify our retail portfolio,” said Peter Weigand, President of Commerce Energy. “We are ready to kick off sales efforts in these two new markets with both our inside sales force and our ACN channel representatives.”
About Commerce Energy, Inc. [ www.CommerceEnergy.com ]
Commerce Energy, Inc. is a wholly owned subsidiary of Commerce Energy Group, Inc. (Amex: EGR – News), a holding company doing business through its three wholly-owned operating subsidiaries, Commerce Energy, Inc., Skipping Stone Inc. and Utilihost, Inc. Commerce Energy is a FERC licensed unregulated retail marketer of natural gas and electricity to homeowners, commercial and industrial consumers, and institutional customers in 9 states.
Skipping Stone is an energy consulting firm serving utilities, pipelines, merchant trading and technology companies. Utilihost provides outsourced energy transaction and data management services for municipalities, government facilities, power generators and energy merchant customers.
