Commerce Energy Wins Contract to Provide Electricity to Los Angeles Unified School District
April 08 2005 - 8:30AM
PR Newswire (US)
Commerce Energy Wins Contract to Provide Electricity to Los Angeles
Unified School District COSTA MESA, Calif., April 8
/PRNewswire-FirstCall/ -- Today Commerce Energy Group, Inc.
(AMEX:EGR), a leading independent U.S. electricity and natural gas
marketing company, announced that its subsidiary, Commerce Energy,
Inc. has signed an agreement with the Los Angeles Unified School
District (LAUSD). The electricity supply contract awarded to
Commerce Energy will serve 217 schools in Los Angeles and Southern
California for the next 18 months beginning in May 2005. "Commerce
is pleased that the LAUSD has selected us to provide their electric
service. Our proven track record in serving California customers
over the past 8 years has positioned the company as a leader in
this market," stated Peter Weigand, President of Commerce Energy
Group. "Having recently expanded our line of products and services
as well as made key organizational changes in the sales and
marketing area, this transaction is just the beginning of our
renewed efforts to grow our customer base in all of our markets,"
added Weigand. About LAUSD The Los Angeles Unified School district
is the nation's second largest school district, with a K-12 student
enrollment of more than 746,800. Geographically, it encompasses 704
square miles, an area that includes the City of Los Angeles and all
or part of 28 other cities, as well as some unincorporated areas of
Los Angeles County. About Commerce Energy Group, Inc. Commerce
Energy Group, Inc. (AMEX:EGR) is a holding company with operations
under wholly owned subsidiaries Commerce Energy, Inc., Skipping
Stone, Inc., and Utilihost, Inc. Commerce Energy is a FERC licensed
unregulated retail marketer of natural gas and electricity to
homeowners, commercial and industrial consumers, and institutional
customers in 9 states. Skipping Stone is an energy consulting firm
serving utilities, pipelines, merchant trading, and technology
companies. Utilihost provides outsourced energy transaction and
data management services for municipalities, government facilities,
power generators and energy merchant customers. For more
information, visit http://www.commerceenergy.com/. DATASOURCE:
Commerce Energy Group, Inc. CONTACT: investor relations, Verna Ray,
+1-714-259-2500, , or public relations, Doreen Wiley,
+1-714-259-2567, , both of Commerce Energy Group, Inc.,
+1-800-353-2874 Web site: http://www.commerceenergy.com/
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