Champion Energy Services licensed as electric power supplier in N.J.

Houston, February 15, 2010 — Scott Fordham, president and chief executive officer, said Champion Energy Services has been approved to become an electric power supplier in New Jersey.

Champion Energy filed in September 2009 to serve commercial and industrial load in the service territories of Jersey Central Power and Light, Atlantic City Electric, PSE&G and Rockland Electric.

The New Jersey Board of Public Utilities voted recently to issue electric power supplier license number ESL-0082 to Champion Energy Services.

“Our entry into New Jersey’s deregulated electricity markets is a logical next step for Champion Energy,” said Fordham. “We look forward to building on a successful track record in the Texas, Illinois and Pennsylvania markets as Champion Energy extends its footprint, and our company is excited to bring competitive rates, exceptional customer care and flexible solutions to commercial and industrial customers across New Jersey.”

Houston-based Champion Energy Services ranks among the top retail electric providers in the U.S. Champion Energy currently serves residential, commercial and industrial customers in deregulated electric energy markets in Texas, Illinois and Pennsylvania and is slated to enter the Ohio market in 2010.

The company serves 350,000 residential customer equivalents, with a peak load near 1,000 MW. Champion Energy is backed by the financial strength of Texas-based Crane Capital. PUCT No. 10098.

 

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