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Community Energy, Inc. · Radnor, PA United States

Company Description

201 King of Prussia Rd. Ste. 500
Radnor, PA
19087
United States (Map)
Phone: 610-254-9800
Fax: 610-254-9781
    View Community Energy, Inc. Locations On A US MapThis link will open in a new window
    Community Energy is working to create greener communities in the northeastern and midwestern US. Through supply agreements with alternative energy generation companies and sales agreements with electricity distribution utilities, Community Energy, a unit of industry leader IDERBROLA RENEWABLES, offers green energy solutions to major businesses and governments as well as to more than 110,000 residential and small-business customers. The company is also involved in the development of wind farms and supplies power directly to end-users. Community Energy, which operates under the NewWind Energy brand, purchases power primarily from wind-powered generation facilities; it also markets solar and hydroelectric energy. To read the full description, subscribe now.
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    Key Community Energy, Inc. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$6.4
    Employees90

    Community Energy, Inc. Executives

    8 executives listed for Community Energy, Inc.'s Radnor, PA location.
    TitleName & BioContact
    EVPBrent AlderferNetwork
    Senior Staff AccountantMolly ArbesNetwork
    EVP, Development DivisionEric BlankNetwork

    Competition

    Competitive Landscape for Community Energy, Inc.
    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.
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