The Company is an Energy Service Company (ESCO) providing electricity, natural gas and sustainable energy to customers in the northeastern USA. It competes in the deregulated energy distribution market, providing energy to customers through a variety of contracts tailored to the customers’ needs, whether fixed cost, fully variable cost, or mixed, at a level of interruptibility, and with a custom contract length.
The Company is currently licensed in New York, New Jersey Ohio and Massachusetts, with applications pending in Pennsylvania and Illinois. It has approximately 2,000 active customers for electricity with an RCE of 10,000 and 800 for natural gas with an RCE just under 10,000. 93% revenue from commercial customers in sectors including government, education, healthcare, multifamily residences and a variety of retail, wholesale and industrial businesses. Its top 25 customers represented just over 50% of revenue in 2025.
Revenue is projected to grow to over $36M in 2028. Options that would be considered include injection of equity capital adequate to support a $20M line of credit or merger with another ESCO.