Financial Stability
The financial stability of your electricity provider can directly affect your business and its budget. The GDF SUEZ name delivers a level of stability, credibility and confidence you cannot get anywhere else in the U.S. retail energy market.
What happens if worst comes to worst and the electricity provider you choose falls on hard times? In short, your business loses money. When you sign a contract with a provider that fails financially, your contract then defaults to a Provider of Last Resort (POLR). The POLR serves as a safety net; but the net can be an expensive one. But our customers can relax.
GDF SUEZ Energy Resources is one of America’s largest providers of electricity to businesses and institutions. It has over $2 billion in contract value, an ‘A’ credit rating with Standard & Poor’s, and an 85 percent rate of customer contract renewal.
It’s also part of the GDF SUEZ group of companies, established in 1822. The group had 2012 revenues of $117.85 billion. Globally, the group of companies represents:
- Market cap of $33.75 billion
- $5.5 billion revenue from North America
- $5 billion revenue from South America
- $77 billion revenue from Europe
- $9 billion revenue from Asia and Pacific
And that means the kind of proven financial strength and stability you can count on for reliable, confident service.
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GDF SUEZ Energy Resources
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GDF SUEZ SA | A | |
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Direct Energy
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Centrica Plc
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A-
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Consolidated Edison Solutions, Inc.
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Consolidated Edison, Inc.
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BBB+
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Constellation New Energy Inc. (an Exelon company)
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Exelon Corporation
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BBB
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Hess Energy
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Hess Corp
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BBB
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Noble Solutions (formerly Sempra Energy Solutions LLC)
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Noble Group LTD.
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BBB-
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First Energy Solutions Corp
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FirstEnergy Corporation
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BB+
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Reliant Energy
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NRG Energy
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BB-
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TXU Energy Retail Company LLC
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Energy Future Holdings Corp
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D
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Top 10 Non-Residential Retailers based on Estimated Annualized Sales by KEMA (TWh), August 2012
*Parent company rated by Standard & Poor's, October 2012. Credit ratings below BBB- are not investment grade.
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