In 2004, energy deregulation was already a few years old in Texas but consumer switching activity had been minimal. Customers didn’t fully grasphow easy and safeguarded was the process to shop for a new electric provider. They wanted to be assured and informed before switching thislife-essential service.In this environment, Rob Snyder had a simple epiphany that would literally transform the national deregulated energy landscape: compensatepeople for explaining electricity switching to those they know and love.Thus, Stream Energy and Ignite (its wholly owned marketing subsidiary) were born.Ofcially launched in early 2005, Stream Energy surpassed all projections and in six short years has become a multi-billion dollar revenue machineserving retail customers in four states. Ignite and Stream Energy have been at the forefront of what has become a ground-breaking movement of energy network marketing companies, generating a number of imitators in the marketplace.Since Stream Energy secured its Texas retail electric provider license, the privately held company has become the largest network marketer of energyin the world and one of the fastest-growing companies in American business history. The company expanded from an initial Texas operational baseinto the Georgia natural gas market during 2008; the Pennsylvania electricity market in 2010; and the Maryland electricity market during 2011.For 2010, the Ignite network marketing subsidiary of Stream Energy was designated the 14th largest network marketing rm in the world — and theonly company in the top 15 rankings to serve only U.S. customers. Moreover, Stream Energy has won an array of accolades, including the Ernst& Young’s Entrepreneur of the Year Award for the Southwest Region and Awards of Excellence from the prestigious Platts Global Energy Awards.
© 2011 Stream Energy
Chairman &Co-Founder,Stream Energywww.StreamEnergy.netwww.IgniteInc.com