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What Is Think Energy?
Think Energy is a residential and small business electricity company that supplies energy in the Northeast and Texas. In 2011, GDF SUEZ Energy Resources established Think Energy to target residential and small business consumers instead of its traditional commercial or industrial clientele. Unlike many suppliers, Think Energy only offers fixed-price supply plans and does not offer variable-rate supply plans.
- Headquarters: Lehigh Valley, PA
- Founded: 2011
- Subsidiary of: ENGIE, formerly GDF SUEZ
- Markets served: Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Texas and the District of Columbia
- Read about Think Energy on the ENGIE press site.
Energy choice creates consumer power
An electricity company supplying energy to consumers is a retail supplier. The supplier sells energy through various plans at cost-effective prices to consumers. Suppliers must compete with other suppliers to sell energy, creating a marketplace for consumers to select which plan they like the best. Utilities are distributors, and are responsible for transmitting and distributing the energy that suppliers sell.
Protecting price through fixed rates
Think Energy is a retail electricity company that only offers fixed-rate supply plans. Its reasoning behind this decision is consumers should have the ability to plan their finances with confidence. Pricing of electricity can fluctuate based on several factors, and fixed supply rates determine a set price to overcome the fluctuating market price of energy. Once a consumer selects a plan from a retail electricity company, the rate chosen will be theirs for the length of their contract.
Real people with real solutions and ideas
Think Energy offers a blog for customers and the general public to read and have access to important updates with the supplier and smart ideas to keep energy consumption down. Small businesses have a specific blog to help deliver expertise and information to make informed decisions about energy. Think Energy states that when consumers need to call the supplier, they will speak to a real person and not an automated series of computerized voices. Its commitment to customer service, as the electricity company puts it, is in place to ensure the entire energy supply process is reliable, simple, and transparent.
It is important to note that in the event of a power outage in your area, you must contact your utility. The utility, as previously stated, is responsible for making sure power is back on and ready for consumption.