CHOICE! Energy Services Retail, L.P. · Houston, TX United States
Company Description
Phone: 713-358-5400
Fax: 713-358-5440
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This link will open in a new window Giving commercial and residential energy customers a choice in the rates and options for energy consumption is what CHOICE! Energy Services is all about. Through its CHOICE! Energy Services and Texas Energy Services divisions the company provides consulting and price comparison services to retail customers. Through its CHOICE! Energy affiliate, the company also provides commodity brokerage and consulting services to energy producers and marketers, utilities, banks, and other corporations. Customers include BP , and Morgan Stanley DW . President and CEO Javier Loya formed CHOICE! Energy in 1994. To read the full description, subscribe now.
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Key CHOICE! Energy Services Retail, L.P. Financials
| Company Type | Private Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $2.7 |
| Employees | 45 |
CHOICE! Energy Services Retail, L.P. Executives
4 executives listed for CHOICE! Energy Services Retail, L.P.'s Houston, TX location.
| Title | Name & Bio | Contact |
| Chairman | Enrique Loya | Network |
| Managing Partner | Kivanc Dikmen | Network |
| CFO | James Kauderer | Network |
Competition
Competitive Landscape for CHOICE! Energy Services Retail, L.P.
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top CHOICE! Energy Services Retail, L.P. Competitors
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