SaveOnEnergy.com Officially Launches Commercial Retail Exchange Portal in Texas

DALLAS, Oct. 1 /PRNewswire/ -- Dallas-based SaveOnEnergy.com, a leading energy marketing firm, announced today the company has officially launched the first commercial retail exchange portal in Texas. The first model of its kind in the competitive energy industry, SaveOnEnergy.com's exchange portal allows commercial businesses of all sizes to receive direct competitive bids for their electricity service from up to eight energy suppliers.

SaveOnEnergy.com's industry changing exchange portal allows for eight energy suppliers to compete head to head for the customer's business. Commercial business customers can simply log on to the SaveOnEnergy.com website, enter their business and usage information, and the information will then be delivered real-time to each of the participating eight energy suppliers. The suppliers will then evaluate the information and contact the customer directly.

Different than other online energy brokers, SaveOnEnergy.com no longer uses an internal direct sales force for commercial leads and now serves as a clearinghouse where suppliers compete directly for the customer's business. The retail exchange format frees customers from time consuming efforts to locate competitive energy firms and solicit bids for their energy usage. Now with a click of the mouse, customers will be contacted directly and receive real-time competitive bids.

The eight pre-qualified and highly screened suppliers listed on SaveOnEnergy.com's exchange portal in Texas include:

    --  Cirro Energy
    --  Commerce Energy
    --  Direct Energy
    --  Hudson Energy Services
    --  MX Energy
    --  Reliant Energy
    --  Spark Energy
    --  SUEZ Energy Resources NA

"We believe in providing a simple and convenient way for business clients, both large and small, to find a product and price tailored to their business. SaveOnEnergy.com is a convenient solution for buyers to access quotes while maintaining the ability to work directly with suppliers," said Eric G. Bradley, Vice President, Small Business Marketing for Reliant Energy, Inc. "From Reliant's perspective, this web platform allows us to tap into another customer segment that wants to interact with energy providers on their own timing and terms."

David Coffman, Vice President Marketing SUEZ Energy Resources, NA, said, "We believe in empowering energy buyers and by partnering with SaveOnEnergy.com it strengthens our cause by helping energy buyers make informed purchase decisions through increased price transparency and choice."

"Ranging from large, incumbent utilities to smaller, successful start-ups, the eight suppliers listed on our exchange portal represent a true picture of the varied and competitive deregulated Texas energy market," said Brent Moore, founder and CEO of SaveOnEnergy.com. "Everyone wins with the exchange portal -- it has been extremely well received by suppliers and the customers benefit from the lower rates and savings offered."

SaveOnEnergy.com's exchange portal plans to launch in four additional states in 2008. Over the next 12 to 18 months, SaveOnEnergy.com will continue the company's aggressive expansion targeting additional U.S. markets, as well as Canada and potentially Europe. SaveOnEnergy.com aims to be the leading Internet-based site in every deregulated energy market. The company currently operates in eleven states.

About SaveOnEnergy.com

SaveOnEnergy.com, the leading source for energy information and solutions, is a free online service providing consumers with the tools to easily find, compare and order competitive energy services. SaveOnEnergy.com is the result of a unique synergy between the convenience of online capabilities and the numerous choices available from emerging energy competition. A "one-stop- shop" destination for competitive rates and energy saving solutions, SaveOnEnergy.com connects residents and businesses to a select group of pre- qualified energy providers. Independent and unbiased, SaveOnEnergy.com's highly trained staff of business-to-business experts recommend only those providers meeting a rigorous criteria, offering competitive rates and savings and delivering excellent customer service. Founded in 2003, SaveOnEnergy.com, a division of Save On Energy, LTD., is headquartered in Dallas.