"We recognized the opportunity
to provide high volume clients
with much-needed information to
reduce a very large controllable
expenditure," said Cirro Energy
CEO Tim Rogers. "Until now,
these companies have received
advice based upon outdated
information or from the biased
arm of an electric provider to
simply purchase power from their
preferred source. Cirro Energy
will not bid on any contract
overseen by this new company in
order to maintain complete
objectivity. And by tapping our
daily analysis of the
marketplace, the CES team can
help audit current contracts to
ensure consumers do not overpay
for their power."
Two former senior directors from
Reliant Energy and Direct Energy
are heading Cirro Energy
Services. Jeff Nottingham is
president and Michael Cozzi
serves as executive vice
president. The two men have
broad experience succeeding in
structuring energy solutions for
large commercial and
institutional accounts,
electricity deregulation and
risk management of fluctuating
energy markets.
"Cirro
Energy Services is based on a
new bold way of thinking," noted
Nottingham. "We've built a team
with world-class expertise,
direct contact with ERCOT and
access to pricing and industry
intelligence to ensure maximum
savings. Cirro Energy Services
will offer objective,
independent guidance to
customers that simply cannot be
matched."
Nottingham is a talented and
versatile executive that served
as Director of Energy Marketing
for Reliant Energy. The MBA
economics instructor directed
the development of Reliant's
north Texas sales office and was
responsible for its
first-generation price models
during the initial stages of
deregulation.
Beginning with the deregulated
areas of Texas, the company will
provide consultative and
brokerage services to commercial
and institutional accounts using
at least $1 million annually on
average in electricity. Cirro
Energy Services will broker
contracts with leading energy
suppliers to minimize the cost
of power for its clients. The
organization will guide
customers by developing a
purchasing strategy suited to
their needs, overseeing the
negotiation process with major
REPs, choosing the most
competitive provider and
securing value added services.
Cirro Energy Services can also
save money for companies that
are not in a procurement period.
The company offers extensive
no-risk, no-fee audits that can
net enormous savings under
existing contracts. In addition,
Cirro Energy Services will
perform power factor cost
analysis, 4CP warning reviews
and scenario analysis that will
draw upon up-to-date information
available from REP Cirro Energy.
"Cirro
Energy Services will level the
playing field for consumers in a
marketplace where dynamic
pricing and outdated billing
systems leave room for
significant billing errors,"
added Nottingham. "Several high
profile companies from the
foodservice, manufacturing and
hospitality industries, to name
a few, are already saving
sizeable amounts of money thanks
to our savvy experts. With such
price volatility in the market,
timing matters a great deal, and
we help clients choose the right
time to strike. We have also
recovered thousands of dollars
through client energy bill
audits. Due to the surprising
amount of these errors occurring
since deregulation's inception,
we're finding a great deal of
demand for our auditing services
as well as assistance in
reducing electric delivery
charges.
Cirro Energy Services is based
in Richardson, Texas. Retail
electric providers interested in
participating in contract bids
should contact Mr. Nottingham at
972-764-7293.
About Cirro Energy
Cirro Energy brings a new,
smarter approach to utility
services. Led by a management
team with successful experience
in deregulated markets, Cirro is
founded on the principles of
delivering superior customer
service and savings. The
customer-focused and
service-oriented company
provides utility services --
including electricity,
telecommunications and Internet
access -- to residential and
business customers across Texas.
For more information on Cirro,
visit
www.cirroenergy.com or
contact Scott Black at
214-520-3430 ext. 303.
Contact:
TimePiece Public Relations
Scott Black, 214-520-3430 x303
sblack@timepiecepr.com
