Stream Energy Announces Illinois Launch, What This Means

Chicago, Illinois’ Navy Pier was the sight of a celebratory party for the hundreds of Stream Energy Independent Associates on January 13th. The party was thrown in celebration of an announcement made last September, when Stream Energy announced that the company was expanding their line of services to Northern Illinois. The move to the Land of Lincoln is the seventh state that Stream is now an energy provider. They now offer their services in Illinois as well as Texas, Maryland, New York, New Jersey, Pennsylvania, Georgia, and Washington D.C.


Stream Energy’s Expansion

President and CEO of Stream Energy, Larry Mondry, said of the announcement, “Our expansion here is something we’ve been planning for some time now.” The move to Illinois will allow their customers in the state to receive the entire suite of Stream energy and home protection services at a two percent discount. Aside from providing energy, Stream also offers a Wireless Home Protection services to its customers all over the United States, to include identity protection, credit monitoring, and roadside assistance.

Stream Energy is a Dallas, Texas-based energy provider. It was started by Rob Snyder and Pierre Koshakji in 2005 in response to the state of Texas deregulating their statewide energy market. The company also began offering wireless phone service nationwide in 2015, called Stream Wireless. They employee over 250 employees ate their headquarters in Dallas. They have thousands of Independent Associates in the states they provide energy services. These associates are charged with selling the services to new customers (Saveonenergy). In the past 12 years the company has grown year-over-year and boast a lifetime revenue in excess of eight billion dollars. 2018 is slated to be a big year as the company expects to move its services into more markets as other states in the United States begin to deregulate their energy industries.



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