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Crystal Flash Energy · Grand Rapids, MI United States

Company Description

1754 Alpine NW
Grand Rapids, MI
49504
United States (Map)
Phone: 616-363-4851
Fax: 616-363-7130
Toll Free: 800-875-4851
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    Energy in a flash, while keeping those streams and rivers crystal clear. Why not? Environmentally friendly Crystal Flash Energy, one of Michigan's largest energy-related products suppliers, delivers heating oil, propane, and other energy options to rural customers. Crystal Flash Energy's fleet of 125 trucks deliver propane and heating oil to thousands of homes, and gasoline and diesel fuel to trucking companies, construction firms, and farms. On the alternative energy side, it operates and sells electricity generated by wind-powered turbines. Crystal Flash Energy recycles used motor oil, oil filters, and antifreeze. To read the full description, subscribe now.
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    Key Crystal Flash Energy Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$159.9
    Employees240

    Crystal Flash Energy Executives

    5 executives listed for Crystal Flash Energy's Grand Rapids, MI location.
    TitleName & BioContact
    President and CEOThomas FehsenfeldNetwork
    VP FinancePat DelaneyNetwork
    VP Human ResourcesPam OlsonNetwork

    Competition

    Competitive Landscape for Crystal Flash Energy
    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 Crystal Flash Energy Competitors
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