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| Summary of Champion Energy Services. |
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Financial and supply backing from major energy players: Lehman Brothers and Eagle Energy Partners.
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Champion Energy's wholesale supply comes from majority owner, giving competitive edge with regard to electricity pricing.
Utilizes iSIGMA billing for accurate, on time electric bills and easy-to-reach customer service.
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Champion Energy Services was founded in 2005, which is relatively late as compared some of Texas' larger and more established electric companies. However, in late 2006, they purchased Mpower, which had been competing in Texas since market opening. The combined entity makes Champion one of the top 20 retail electric providers in deregulated markets in the U.S.
Other positive steps Champion Energy Services has taken to benefit their customers include offering a "blend and extend" option for customers wishing to extend the term of their contract. Champion's contracts are relatively straightforward, with no sneaky loopholes such as congestion and other non standard pass-throughs.
Without digging too deep, you find that Champion Energy is owned by the very well known and established Lehman Brothers (NYSE: LEH). Lehman Brothers is an international bank, founded in 1850, with 2006 net revenues of over $17.5 billion. Champion Energy Services receives supply backing from Eagle Energy Partners, who, as of 2006, markets approximately 1.2 billion cubic feet of natural gas and over 35,000 megawatt hours of electricity a day.
With an emphasis on commercial customers, Champion has the resources to provide world-class customer service to all its customers by providing a personal account manager that is only a phone call away.
As many Texas electric companies have done, Champion Energy Services has chosen to work with companies like Eisenbach Consulting to offer services to consumers. Eisenbach Consulting is proud to offer Champion Energy's services to customers in Texas.
If you wish to lock-in the best rates from among the best Texas electric companies, please contact Eisenbach Consulting and we'll be glad to help you choose a provider and execute an energy agreement.
Information provided represents opinions and judgements obtained from respective information provider(s), and is not intended to be taken as fact. Opinions may vary. Eisenbach Consulting neither endorses nor is responsible for the accuracy or reliability of any opinion or statement made herein. Under no circumstances will Eisenbach COnsulting be liable for any loss or damage caused by reliance on information obtained through Eisenbach Consulting. It is the responsibility of the user to evaluate the accuracy, completeness or usefulness of any information, opinion or other content.
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Champion Energy Services
Parent Company: Lehman Brothers
Ticker symbol: LEH
Headquarters: Houston, Texas
Year founded: 2005/2001
PUC Certificate: 10098
Markets served: Texas, Illinois
Segments served: Commercial, Industrial, Residential
Products: Fixed, MCPE, Heat Rate, Custom
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