 | |
| Type | Private, subsidiary of Just Energy Group |
|---|---|
| Industry | Electricity |
| Founded | 2003 |
| Headquarters | , United States |
Area served | Texas |
| Services | Retail electricity services |
| Website | www |
Founded in 2003, Amigo Energy is an electric utility seller in Texas. Amigo Energy is a subsidiary of Just Energy, a multinational energy marketing conglomerate with over 1.8 million active customers across North America. [1]
Amigo Energy was founded in 2003.
In May, 2007 the company merged with Fulcrum Power Services which subsequently acquired Tara Energy. [2]
In August 2007, Amigo signed a four-year, $7.5 million sponsorship agreement for Amigo Energy to become the jersey sponsor for the Houston Dynamo, a Major League Soccer team. [3]
In August 2011, Fulcrum, including its subsidiary Amigo, was acquired by Just Energy. [4]
Amigo Energy is an electricity retailer that operates as one of 71 independent power marketers participating in deregulation of the Texas electricity market. Amigo ranks as the 17th largest power marketer by number of consumers according to a 2009 U.S. Energy Information Administration report. [5] Texas began the process of deregulation in 2002. [6] The Public Utility Commission of Texas (PUCT) enforces customer protection laws for the citizens of Texas and provides access to consumer information.
A public utility company is an organization that maintains the infrastructure for a public service. Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies.
Electricity retailing is the final sale of electricity from generation to the end-use consumer. This is the fourth major step in the electricity delivery process, which also includes generation, transmission and distribution.
The electric power industry covers the generation, transmission, distribution and sale of electric power to the general public and industry. The commodity sold is actually energy, not power, e.g. consumers pay for kilowatt-hours, power multiplied by time, which is energy. The commercial distribution of electricity started in 1882 when electricity was produced for electric lighting. In the 1880s and 1890s, growing economic and safety concerns lead to the regulation of the industry. What was once an expensive novelty limited to the most densely populated areas, reliable and economical electric power has become an essential aspect for normal operation of all elements of developed economies.
GenOn Energy, Inc., based in Houston, Texas, United States, is an energy company that provided electricity to wholesale customers in the United States. The company is one of the largest independent power producers in the nation with more than 7,000 megawatts of power generation capacity across the United States using natural gas, fuel oil and coal. GenOn Energy is headquartered in the Reliant Energy Plaza in Downtown Houston. The company, formerly known as RRI Energy, acquired Mirant on December 3, 2010. The corporate names and logos of both RRI Energy and Mirant were retired.
TXU Energy is an American retail electricity provider headquartered in Irving, Texas, serving residential and business customers in deregulated regions of Texas since the deregulation of the Texas electricity market in 2002. A subsidiary of Vistra Corp, it is one of the largest retail electricity providers in Texas.
Direct Energy LP is a North American retailer of energy and energy services. The company was founded in Toronto in 1986 and now has more than four million customers in Canada and the United States. Direct Energy is a subsidiary of NRG Energy.
Constellation Energy Corporation is an American energy company headquartered in Baltimore, Maryland. The company provides electric power, natural gas, and energy management services. It has approximately two million customers across the continental United States.
The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas's electrical grid, the Texas Interconnection, which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. ERCOT is the first independent system operator (ISO) in the United States. ERCOT works with the Texas Reliability Entity (TRE), one of six regional entities within the North American Electric Reliability Corporation (NERC) that coordinate to improve reliability of the bulk power grid.
A regional transmission organization (RTO) in the United States is an electric power transmission system operator (TSO) that coordinates, controls, and monitors a multi-state electric grid. The transfer of electricity between states is considered interstate commerce, and electric grids spanning multiple states are therefore regulated by the Federal Energy Regulatory Commission (FERC). The voluntary creation of RTOs was initiated by FERC Order No. 2000, issued on December 20, 1999. The purpose of the RTO is to promote economic efficiency, reliability, and non-discriminatory practices while reducing government oversight.
CenterPoint Energy, Inc. is an American electric and natural gas utility serving several markets in the American states of Indiana, Ohio, Louisiana, Minnesota, Mississippi, and Texas. Part of the Fortune 500, the company was formerly known as Reliant Energy, NorAm Energy, Houston Industries, and HL&P. The company is headquartered in the CenterPoint Energy Tower at 1111 Louisiana Street in Downtown Houston.
Electricity provider switching is the ability of power consumers to have an option to choose their electricity provider in a deregulated electricity market as permitted by a state public utilities governing body.
The Texas electricity market is deregulated, meaning that there is competition in the generation and distribution of electricity. Power generators in the Texas Interconnection, managed by the Electric Reliability Council of Texas, participate in an energy-only electricity market and are compensated only for the electricity they produce. The wholesale generation market was deregulated in 1995 and the distribution market in 1999, with Texas Senate Bill 7. This replaced the prior system in which power was generated and consumed locally by the same utility with one in which retail providers contracted with generators across the state.
Gexa Energy, headquartered in Houston, Texas, is a retail electricity provider which sells electricity service to residential and commercial customers in all deregulated markets in Texas.
Texas Genco was a power generation company that came about as part of the deregulated Texas electricity market and owned numerous power plants in the Houston area that serve area power needs. The Company was created in 2001 as part of the Texas electricity market deregulation. Incumbent utilities were required to separate their business functions into a retail electric provider (REP), a transmission and distribution service provider (TDSP), and a wholesale generator.
Just Energy Group Inc. is a multinational retail energy provider specializing in electricity, natural gas commodities, renewable energy credits, and energy efficiency solutions. Currently operating in the United States and Canada, Just Energy serves residential and commercial customers. Just Energy is the parent company of Amigo Energy, Filter Group Inc., Hudson Energy, Interactive Energy Group, Tara Energy, and terrapass.
Maryland Electric Deregulation is the result of a bill passed in 1999 by the Maryland General Assembly. This bill changed the entire face of the Maryland utility industry.
There is a large array of stakeholders that provide services through electricity generation, transmission, distribution and marketing for industrial, commercial, public and residential customers in the United States. It also includes many public institutions that regulate the sector. In 1996, there were 3,195 electric utilities in the United States, of which fewer than 1,000 were engaged in power generation. This leaves a large number of mostly smaller utilities engaged only in power distribution. There were also 65 power marketers. Of all utilities, 2,020 were publicly owned, 932 were rural electric cooperatives, and 243 were investor-owned utilities. The electricity transmission network is controlled by Independent System Operators or Regional Transmission Organizations, which are not-for-profit organizations that are obliged to provide indiscriminate access to various suppliers to promote competition.
Champion Energy Services, LLC is a retail electricity provider (REP) based in Houston, Texas. Champion Energy currently serves residential, governmental, commercial and industrial customers in deregulated electric energy markets in Texas, Illinois, Ohio, Pennsylvania, New Jersey and New York; governmental, commercial and industrial customers in Delaware, Maryland and Washington, D.C.; and natural gas customers in Illinois. The company is a subsidiary of Calpine.
Reliant Energy is an American energy company based in Houston, Texas. It serves the state of Texas.