Gexa (NASDAQ:GEXA)
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Gexa Energy Offers Green Energy Option to Its Customers
HOUSTON, Feb. 15 /PRNewswire-FirstCall/ -- Gexa Corp. (NASDAQ:GEXA), a leading
Texas retail electricity provider, today announced that it will be offering its
customers the option to select an energy product from renewable energy sources
and is adding green energy to its range of product and service offerings.
Renewable energy is considered to provide a cleaner, sustainable alternative to
the burning of fossil fuels, producing significantly less carbon dioxide than
traditional methods.
Gexa will be offering its green energy product "Gexa Green" to all its current
and future customers with pricing available through its website at
http://www.gexaenergy.com/ . Gexa believes there are individual customers,
businesses and agencies that will choose to buy all or a certain portion of
their energy from green generated sources.
"We can continue to buy all of our power, both renewable and non- renewable,
from the same sources since our current suppliers have the ability to generate
or buy green energy at whatever level Gexa's needs demand. This is a market
that has relatively few competitive offerings, and Gexa shall offer its
customers the lowest cost in this segment of the market. Although slightly
higher in cost than our electricity produced from non-renewable sources,
customers have requested that we offer them an alternative low cost green
product, and we have now obliged their request," said Neil Leibman, Gexa's
Chief Executive Officer.
Gexa Energy is a retail electricity provider currently serving residential and
commercial customers in Texas, and it has begun serving commercial customers in
Massachusetts, and will offer service in New York effective March 1, 2005. The
Company offers customers in restructured retail energy markets competitive
prices, pricing choices, and customer friendly service.
This press release includes "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other than
statements of historical fact are forward-looking statements. Forward- looking
statements are subject to certain risks, trends and uncertainties that could
cause actual results to differ materially from those projected. Among those
risks, trends and uncertainties are our estimate of the sufficiency of existing
capital sources, our ability to raise additional capital to fund future
operations, our assumptions regarding the competitive restructuring and
deregulation of the electricity market, our competition from utility companies,
our dependence on the services of certain key personnel and our ability to
manage our growth successfully. In particular, careful consideration should be
given to cautionary statements made in the various reports Gexa Corp. files
with the Securities and Exchange Commission. The Company undertakes no duty to
update or revise these forward-looking statements.
Contacts: Dave Holeman, CFO
Gexa Corp.
713-470-0405
Ken Dennard /
Karen Roan /
DRG&E / 713-529-6600
DATASOURCE: Gexa Corp.
CONTACT: Dave Holeman, CFO of Gexa Corp., +1-713-470-0405; or Ken
Dennard, , or Karen Roan, , both of
DRG&E, +1-713-529-6600, for Gexa Corp.
Web site: http://www.gexaenergy.com/