History
XOOM Energy was launched in 2011. The company was originally based in Charlotte but later relocated to nearby Huntersville, North Carolina in 2013. [1]
In 2015, XOOM Energy was ranked thirteenth overall in the Inc. 5000, which placed it first in the energy industry. [2] [3] ranked first for the energy industry on Inc. Magazine's "Inc. 5000" list for 2015. [4]
In 2015 the company allied with Renewable Power Direct to provide delivery options for renewable electricity in the Texas, New York, New England and deregulated Mid Atlantic markets. [5]
Renewable Power Direct, LLC (RPD) is a supplier of directly sourced renewable electricity to large commercial and industrial customers. RPD was founded in 2014 and is authorized by the Federal Energy Regulatory Commission to act as a wholesale power marketer.
In 2016 the company entered the Japanese market as XOOM Energy Japan, GK, and offered electric services to residential and small business consumers in the Tokyo Electric Power Company (TEPCO) market. The company offices are located in Minatoku Hamamatsucho. [6]
Services
The Company offers service through its wholly owned subsidiaries in 18 states, plus the District of Columbia in 78 utility markets across the US and employs 140 people in the Charlotte metro area. XOOM Energy offers natural gas and/or electricity plans in California, Connecticut, Delaware, District of Columbia, Illinois, Indiana, Kentucky, Maine, Maryland, [7] Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, [8] Rhode Island, Texas [9] and Virginia. The company also offers six utilities in Alberta, Canada. [10]
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.
GenOn Energy, Inc., based in Houston, Texas, United States, was an energy company that provided electricity to wholesale customers in the United States. The company was one of the largest independent power producers in the nation with more than 14,000 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.
The electricity sector in Canada has played a significant role in the economic and political life of the country since the late 19th century. The sector is organized along provincial and territorial lines. In a majority of provinces, large government-owned integrated public utilities play a leading role in the generation, transmission and distribution of electricity. Ontario and Alberta have created electricity markets in the last decade in order to increase investment and competition in this sector of the economy.
Direct Energy is a North American retailer of energy and energy services. The company was founded in 1986 and has more than four million customers in Canada and the United States. Direct Energy is a subsidiary of UK-based utility company Centrica.
EnergyAustralia was a state–owned enterprise of the Government of New South Wales, Australia. It was electricity and gas supplier and retailer which primarily supplied the Sydney, Newcastle and Central Coast areas of New South Wales. Since market deregulation, it increased its focus on retail supply opportunities in electricity and gas to the Victorian market and electricity in the deregulated south–east corner of Queensland.
Electricity provider switching is the ability of power consumers to have an option—or the "power to choose"—their electricity provider in a deregulated electricity market as permitted by a state public utilities governing body.
NRG Energy, Inc. is a large American energy company, dual-headquartered in West Windsor Township, New Jersey, and Houston, Texas. It was formerly the wholesale arm of Xcel Energy, and was spun off in bankruptcy in 2004.
ENMAX Corporation (ENMAX) is a vertically integrated utility that generates and distributes electricity, natural gas, renewable energy, and value-added services to customers in Alberta, Canada.
Electricity deregulation in Texas, approved by Texas Senate Bill 7 on January 1, 2002, calls for the creation of the Electric Utility Restructuring Legislative Oversight Committee to oversee implementation of the bill. According to the law, deregulation would be phased in over several years.
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.
AGL Energy Ltd is an Australian listed public company involved in both the generation and retailing of electricity and gas for residential and commercial use.
Community Choice Aggregation, abbreviated CCA, also known as Community Choice Energy (CCE), municipal aggregation, governmental aggregation, electricity aggregation, and community aggregation, is an alternative to the investor owned utility energy supply system in which local entities in the United States aggregate the buying power of individual customers within a defined jurisdiction in order to secure alternative energy supply contracts. The CCA chooses the power generation source on behalf of the consumers. By aggregating purchasing power, they are able to create large contracts with generators, something individual buyers may be unable to do. The main goals of CCAs have been to either lower costs for consumers or to allow consumers greater control of their energy mix, mainly by offering "greener" generation portfolios than local utilities. Currently CCAs are possible in the United States states of Massachusetts, Ohio, California, Illinois, New Jersey, New York, and Rhode Island, and serve nearly 5% of Americans in over 1300 municipalities as of 2014.
Green Mountain Energy Company is a United States company that offers electricity products, carbon offsets, and "sustainable solutions" to residential and commercial customers.
Solar power in the United States includes utility-scale solar power plants as well as local distributed generation, mostly from rooftop photovoltaics.
As of the end of 2017, the United States had over 50 gigawatts (GW) of installed photovoltaic capacity. In the twelve months through May 2018, utility scale and distributed solar power generated 58.9 terawatt-hours (TWh), 1.44% of total U.S. electricity. During the same time period total solar generation, including estimated distributed solar photovoltaic generation, was 85.4 TWh, 2.09% of total U.S. electricity. In terms of total cumulative installed capacity, by year end 2017 the United States ranked 2nd in the world behind China.
In 2016, 39% of all new electricity generation capacity in the country came from solar, more than any other source and ahead of natural gas (29%). By 2015, solar employment had overtaken oil and gas as well as coal employment in the United States. In 2016, more than 260,000 Americans were employed in the solar industry.
In 1996, Alberta began to restructure its electricity market away from traditional regulation to a market-based system. The market now includes a host of buyers and sellers, and an increasingly diverse infrastructure.
SunEdison, Inc. is a renewable energy company headquartered in the U.S. In addition to developing, building, owning, and operating solar power plants and wind energy plants, it also manufactures high purity polysilicon, monocrystalline silicon ingots, silicon wafers, solar modules, solar energy systems, and solar module racking systems. Originally a silicon-wafer manufacturer established in 1959 as the Monsanto Electronic Materials Company, Monsanto sold the company in 1989.
An electric utility is a company in the electric power industry that engages in electricity generation and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major provider of energy in most countries.
Ambit Energy is an International multi-level marketing company that provides electricity and natural gas services in energy markets in the U.S. that have been deregulated. The company's corporate headquarters are located in Dallas, Texas, and its operations/call center headquarters are located in Plano, Texas. Ambit Energy was founded in 2006 in Addison, Texas by Jere Thompson Jr. and Chris Chambless.
North American Power is a retail energy supplier based in Norwalk, Connecticut.
Reliant Energy is an American energy company based in Houston, Texas.
