October 2002Just Energy Selects EC Power as it Enters the Texas Deregulated Power Market
EC Power, the largest volume independent electronic Transaction Service Provider (TSP) for the State of Texas' deregulated power market, today announced its selection by Just Energy, a new entrant into the deregulated electric power market in Texas.
Just Energy, headquartered in Houston, Texas, selected EC Power to manage and process its electronic transactions with the Electric Reliability Council of Texas, known as ERCOT, and will go into production on October 9. 2002, after being certified by EC Power in the current Texas market flight. Just Energy focuses on the small and medium sized business sector in Texas.
"EC Power is pleased to welcome Just Energy as a new competitive retailer into the Texas market," says J. R. Hunter, chief operating officer, EC Power. "EC Power serves a large subset of the competitive retailers in the Texas market, both large and small alike. We have extensive knowledge and experience in this marketplace, as well as in 14 other retail power markets in the United States. We enjoy an outstanding reputation for our capabilities with the participants of the Texas marketplace," adds Hunter.
Since the opening of the Texas retail power market on January 1, 2002, EC Power has processed monthly transactions for over 1 million Texas deregulated power customers, or 3-4 million transactions per month. As such, EC Power is the largest independent service provider in the State.
With EC Power's services, a Texas competitive retailer can meet the requirements of ERCOT to electronically "ship" all its transactions within the ERCOT network, in a secure and well managed manner. EC Power delivers the required electronic "packages" to their intended recipients, and provides web-based tools for tracking those packages during their journey. EC Power works with a new or existing Texas Retailer to obtain ERCOT certification for transaction movement. The services interface with the competitive retailer's customer information system (CIS) to pick up and handle the outbound and return inbound transactions from the ERCOT network of providers.
About Just Energy…
Just Energy, LLC, based in Houston, Texas, provides electricity and energy services to small and medium sized businesses in the U.S., marketing those services under the Just Energy brand name. The company's suite of simple, easy to understand energy products focuses on demystifying deregulation and saving its customers money. For more information, visit Just Energy's web site at www.justenergy.com.
About EC Power
In business since 1995 and based in Houston, EC Power has a long history in the fast moving e-commerce markets, facilitating
business-to-business transaction movements in a rapid and cost-effective manner. The Company has significant experience in managing
large-volume EDI hubs within the energy industry, and a proven track record of delivering reliable and timely electronic transaction
management services to some of the nations leading energy companies. EC Power's experience extends far beyond the Texas market
with connections to over 50 utilities in 15 deregulated states. Our national experience in the electric, gas, and oil industries provide
clients with sound, secure and cost effective solutions.