Energy Plus Ranked as a Rising Star in the Greater Philadelphia Region on Deloitte's 2011 Greater Philadelphia Fast 50

PHILADELPHIA, Oct. 19, 2011 /PRNewswire/ -- Deloitte LLP has named Energy Plus as a Rising Star on the company's 2011 Greater Philadelphia Fast 50 ranking of the 50 fastest growing technology, media, telecommunications, life sciences and clean technology companies in the Greater Philadelphia region. Energy Plus grew 726 percent during this period.

Deloitte recognizes companies who have been in business less than five years but more than three as 'Rising Stars' based on the percentage of revenue growth over three years (2008–2010). Energy Plus is one of the few companies on the list to be named a Rising Star on Deloitte's 2011 Great Philadelphia Fast 50.

"Energy Plus, like all 2011 Greater Philadelphia Fast 50 and Rising Star companies, has excelled in fostering innovation and channeling it into spectacular growth -- against the backdrop of one of the most challenging economies in history," said Tara L. Weiner, managing partner, Greater Philadelphia region, Deloitte LLP.  "Deloitte recognizes Energy Plus for its remarkable accomplishment."

Energy Plus' chief executive officer, Kevin Kleinschmidt, credits the company's ongoing customer rewards program and successful expansion into new service areas and markets for the company's revenue growth. He said, "We're honored to be recognized as a Deloitte Fast 50 Rising Star in Philadelphia. This accomplishment is a testament to our dedicated employees' hard work and the superior services we offer our residential and small business customers."

Overall, 2011 Greater Philadelphia Fast 50 companies achieved revenue growth ranging from 21 percent to 6,918 percent from 2006 to 2010, with an average growth of 410 percent.

About Deloitte's 2011 Greater Philadelphia Fast 50

The 2011 Greater Philadelphia Fast 50, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in the Greater Philadelphia region. 2011 Greater Philadelphia Fast 50 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.

In order to be eligible for 2011 Greater Philadelphia Fast 50 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of five years, and be headquartered within the Greater Philadelphia region.

About Energy Plus Holdings

Energy Plus®, an NRG Energy company, is one of the nation's fastest-growing energy companies, serving more than 180,000 customers and offering electricity service in seven states and natural gas service in three states through its affiliate Energy Plus Natural Gas LP.  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 energy through a unique rewards program featuring cash-back, airline miles, hotel and retail points, and college savings from 100 industry-leading partners and associations. Energy Plus is committed to supporting the environment and offers customers a certified green power 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, Illinois, Maryland, New Jersey, New York, Ohio, Pennsylvania, and Texas. For more information, visit www.energypluscompany.com.

SOURCE Energy Plus Holdings