Welcome back everyone! It has been quite some time since our last blog post. With 2 months already gone in 2019 we have some important news to keep everyone updated with. The team has been hard at work, using our partners’ constructive feedback to advance our Energy Brokerage Platform! Our Finance team has been running commission audits and have exciting news for our partners. Also, there are several important updates regarding some suppliers that we want to make you aware of. At the top of this list is the news that Great Eastern Energy has gone bankrupt! Read below to find out what this means for you and your business.
Great Eastern Energy Bankrupt
Yes, you read that headline correctly. The electricity and natural gas supplier, Great Eastern Energy, has filed for Chapter 11 bankruptcy after finding themselves $61 million in debt. GEE offered both electric and natural gas supply to roughly 54,000 customers in four northeastern states. GEE will no longer service electric customers in the New England ISO areas. However, they plan to continue natural gas service for the time being, therefore we will continue to keep everyone updated on this development. So, what exactly will this mean for our partners and GEE’s existing customers? Partners: reach out to all of your GEE customers and advise them to stop paying any outstanding or future electric bills owed to GEE. Additionally, shop for a replacement supply contract through the portal for an immediate start to avoid any holdover rates on their bills!
Supplier Specials For Partners
Engie Resources is now offering a boosted commission pay-out of up to 3 years upfront. Therefore, you will receive up to 3 years’ commission within a month of singing the contract! Better cash flow for you and your business, yet another way Power Kiosk helps our partners scale! AMBIT Energy has dropped their electric prices by 2 mils until March 15th! Now is the perfect time to check out how competitive these price drops are. In other news, SFE is now accepting deals with all load factors across the USA on matrix!
Canadian Market Now Open
Just as the rest of our Energy Brokerage Platform is growing we are now moving into new markets! We are now active in both the Alberta and Ontario provinces of Canada and looking to expand. Currently we have matrix rates and custom bids from 4 suppliers and are in the process of adding more! Stay tuned for future updates as we continue to expand into this market.
The Finance team here at Power Kiosk continues their hard work from the start of 2019, running audits for our partners. In January, they were able to find a total of $27,880 of unpaid commissions from suppliers on residential enrollments! It doesn’t end there; this month they uncovered $17,000 and $10,000 in unpaid commission from two different suppliers! That is a substantial amount of money going back to our partners! We are grateful that you have trusted us as your business partner and will continually find ways to provide added value to you.
There are several featured platform updates that everyone should know about. In an effort to enhance our ability to support our partners, we have rolled out our new ticketing system. Since this new system is developed in-house, a third party log-in is no longer needed. Our new ticketing system is integratable and expandable as well! We have developed a new interactive Power Kiosk service territory and supplier coverage map within the dashboard. You can find this interactive map under the “Suppliers and Markets” tab on the Marketing Page. Do you have any feedback regarding updates you would like to see within the platform? Open a ticket in the new ticketing system or send us an email at firstname.lastname@example.org.
New Partner Referral Program
As we continue to grow we have come across multiple requests from our partners regarding a referral program. After all, it only makes sense to reward our partners for their continued loyalty. Starting March 1st, if you refer a new partner to the Energy Brokerage Platform and that new partner achieves 5 confirmed residential deals or 1 confirmed commercial deal, you will receive a $100 credit to your account! Just be sure they mention you upon enrollment!
Thanks For Reading!
Moving forward we will continue to update everyone on important updates and news in the industry. As always, if you have any questions about this subject matter, send us an inquiry at email@example.com. If you are new and just want to learn more about our revolutionary Energy Brokerage Platform go ahead and fill out a “Contact Us”. Thanks to all of our partners for their continued support!