Stream Energy Officially Opens for Business in New York

Firm also rolls out natural gas service in Pennsylvania

DALLAS--(BUSINESS WIRE)--Stream Energy announced today that it is now officially serving energy customers in the New York State Electric and Gas (NYSEG) and Rochester Gas and Electric (RG&E) service areas of New York.

“We are thrilled to finally launch the Ignite Army on the state of New York”

With this announcement, New York becomes the sixth state in Stream Energy’s expanding footprint. Specifically, the NYSEG and RG&E areas combined represent approximately 1.6 million residential meters which are eligible for service. The company employs a wholly owned network marketing subsidiary, Ignite, through which it gathers energy customers.

“We are thrilled to finally launch the Ignite Army on the state of New York,” said Stream Energy Chairman Rob Snyder. “The Empire State is the next logical addition to the Stream Energy family of jurisdictions and we’re looking forward to rolling out additional New York service territories in the near future. And we're looking forward to more states to be also added soon following.”

Concurrent with Stream Energy’s launch of deregulated service in New York, the company is now also providing natural gas service to customers in the PECO service area of Pennsylvania. Approximately 453,000 natural gas customers are eligible to switch to Stream Energy in the PECO area, where the company already provides electricity service.

Stream Energy, the global leader of direct sellers of energy service, has generated over $5 billion in total revenues and received numerous honors since its founding in 2004.

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.