Stream Energy Doubles Its New York Service Area

Firm Launches Energy Service to Customers in the National Grid Territory


DALLAS, Dec. 19, 2012 (GLOBE NEWSWIRE) -- Energy retailer Stream Energy announced today that it has expanded its New York service footprint to now include consumers residing in the National Grid service area.

With this announcement, Stream Energy is able to provide energy to 1.5 million eligible electricity customers and 545,000 eligible natural gas customers in upstate New York in cities such as Albany, Buffalo, Niagara Falls and Syracuse.

"Today's announcement deepens Stream Energy's commitment to serving consumers in New York," said Stream Energy Chairman Rob Snyder. "In November, we officially opened for business in the New York State Electric and Gas (NYSEG) and Rochester Gas and Electric (RG&E) service areas, which combined represent 1.6 million eligible customers. With the opening of the National Grid territory, we have doubled the size and scope of our New York operations and its attendant income opportunities for our Ignite sales force."

Dallas-based Stream Energy is a provider of energy services in six states. The firm's wholly owned subsidiary, Ignite, incentivizes entrepreneurs to explain the advantages of energy deregulation directly to consumers and has created a paradigm shift in how energy companies in deregulated markets attract new customers. The firm has posted total revenues in excess of $5 billion since its founding and has received numerous accolades and honors.

About Stream Energy

Since Rob Snyder and Stream Energy secured a Texas retail electric provider license in early 2005, the privately held company has become the longest-tenured and most successful network marketing energy company in the world. Stream Energy provides a full-service approach to customer relationships, supported by the firm's network marketing arm, Ignite. Stream Energy is an eight-time finalist for the prestigious Platts Global Energy Awards, and Ignite is consistently ranked among the top direct selling companies in the world.

The Stream Energy logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=16360



            

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