Ribbon Cutting Ceremony marks expansion of headquarters and growth of customer base, with approximately 150,000 customers in six states

PHILADELPHIA, Jan. 25, 2011 /PRNewswire/ -- Energy Plus Holdings, one of the nation's fastest-growing energy companies, today held a ribbon cutting ceremony to celebrate its significant growth. Joined by Philadelphia's honorable Mayor Michael A. Nutter, Energy Plus unveiled its new headquarters—a 40,000 square foot space in the University City Science Center—and announced that it now serves over 10,000 customers in Pennsylvania, the majority of which are located in the Philadelphia region. Energy Plus serves approximately 150,000 customers in six states.

"Energy Plus is a prime example of the many businesses in Philadelphia that are innovative, creative and expanding. I am delighted that company founders Richard and Kevin, who are city residents, continue to grow their business in Philadelphia and utilize our region's many assets," said Mayor Michael A. Nutter.

Energy Plus' customer-oriented focus—centered on superior service, green energy options, and an ongoing rewards program that benefits each and every customer—has enabled the Company to achieve a significant uptick in customer adoption and revenue since its inception in 2007. With approximately 150,000 customers in six states, Energy Plus has increased its annual revenue from $20,000 in its first year (2007) to $150 million in 2010.

"Our consistent, rapid growth further validates our position as the energy provider of choice for thousands of customers, highlighting our dedication to offering choice, competitive rates, superior service and valuable rewards," said Kevin Kleinschmidt, co-founder and President of Energy Plus. "We thank Mayor Nutter and the Science Center for making Philadelphia such a great city in which to live and work. By expanding our headquarters, which contains our new state-of-the-art customer service center, we have the space we need to continue to grow, provide more jobs to the region, and become an even more integral part of the community."

In addition to generating impressive business results, Energy Plus has also developed strong ties in the local community.  The Company provides volunteers and financial support to the Charles R. Drew Elementary School, offers valuable work experience to students at Drexel University and the University of Pennsylvania through its intern and co-op programs, and is a financial sponsor of multiple local organizations including XPN, the Friends of Rittenhouse Square, and the Philadelphia Live Arts and Fringe Festival.

The ribbon cutting ceremony featured comments from Mayor Nutter, Stephen Tang, President and CEO of the University City Science Center, and Energy Plus founders Richard Vague and Kevin Kleinschmidt. Attendees included elected officials, government representatives, local community partners, and Energy Plus employees.

Energy Plus—the only energy company that is dedicated to providing competitive rates coupled with superior service and valuable rewards—gives consumers a choice by providing a new model for energy services.  By offering a reliable, risk-free energy service that can be cancelled at any time Energy Plus empowers customers to take better control of their energy bill and makes energy competition rewarding for consumers and small businesses.

For more information about Energy Plus visit www.energypluscompany.com.

About Energy Plus Holdings

Energy Plus® is one of the nation's fastest-growing energy companies, supplying electricity services to approximately 150,000 customers in six competitive energy states. As the only company to offer energy choice, superior service, green energy options and an ongoing rewards program to every customer, Energy Plus is becoming the preferred energy company for an increasing number of homes and small businesses. Energy Plus enables consumers to benefit from the money they already spend each month on electricity through a unique rewards program featuring cash-back, airline miles, hotel and retail points, and college savings from over 65 industry-leading partners and associations. Additionally, the Company is committed to supporting the environment and offers customers a certified green option. With a focus on the customer, Energy Plus' reliable services are supported by an in-house call center and customer-friendly policies.  Headquartered in Philadelphia, PA, Energy Plus serves Connecticut, Maryland, New Jersey, New York, Pennsylvania, and Texas. For more information, visit www.energypluscompany.com.

SOURCE Energy Plus

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