PowerTech Networks launches distributed power management company

Until recently, new technology development within the energy industry has primarily been focused on product development and special utility programs directed towards large commercial and industrial customers. While the largest users have had time-of-use plans, special discounts and real-time metering programs for many years, residential customers for the most part, have been left behind and provided with few options. As a result, residential and small business consumers have seen their energy bills skyrocket and have felt powerless to control costs and effectively manage their energy use.

CALGARY, June 26, 2001 — Enron Direct Canada Corp. (Enron Direct), a subsidiary of Enron Corp. announced today that it has entered the retail electricity and natural gas markets in Alberta, targeting all commercial and light industrial businesses.

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