Direct Energy named as electric retail supplier for Delaware

Written By: Stratton Report
June 22, 2016

On June 22, Direct Energy announced that the State of Delaware formally named the firm as the “Electric Retail Supplier Exclusively Contracted by the State of Delaware” for its 315,000 residents and businesses in the Delmarva territory and for Delaware Electric Cooperative’s 84,000 customers.

The new status was conferred on Direct Energy following a months-long competitive process and a vote last month by the Delaware Electricity Affordability Committee. According to the firm, this is the first such program and designation made in the United States.

Direct Energy was one of six suppliers vying for the designation. Proposals were evaluated based on the potential benefits derived from a combination of multi-year fixed price per kilowatt-hour offers; value added products and services to help customers better manage their overall electricity bills; other potential consumer benefits; and the fiscal and technical experience of the supplier.

Cullen Hay, General Manager, U.S. Energy –Direct Energy noted:

“It is great to kick off our presence in Delaware, and we are honored to receive this important designation from the state,” said. “Direct Energy is proud to be a company that becomes an energy partner with our customers because we have a unique approach: We want them to buy less of what we sell. Our offers, products and services are meant to make a difference in the way our customers use energy, and we are thrilled to be bringing that to Delaware.”

Stephen Girard, Head of Small Business at Direct Energy Business observed: “I want to thank the Governor Jack Markell, Secretary Jeffrey W. Bullock, PSC Executive Director Robert Howatt, Senator Colin R. Bonini (R-DE), and State Representative Mike P. Mulrooney (D-DE) for their leadership and assistance. We are thrilled to be the ‘Electric Retail Supplier Exclusively Contracted by the State of Delaware’ and look forward to a long and lasting relationship with the state’s 315,000 residents and small businesses.”