IGS Energy

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IGS Energy
Type Family Business
Industry Natural Gas and Electric Supply
Founded 1989
Headquarters Dublin, Ohio
Products Natural gas, electricity
Employees 400+

IGS Energy, also known as Interstate Gas Supply, Inc., is America's largest independent retail natural gas and electric supplier, serving more than 1,000,000 residential, commercial and industrial customers in the states of Ohio, Michigan, Kentucky, New York, Pennsylvania, Indiana, Virginia, Maryland, Texas, California and Illinois.[1][2][3] The company was founded in 1989, and today employs more than 400 people at its headquarters in Dublin, Ohio.[4] IGS Energy has earned an A+ rating from the central Ohio Better Business Bureau.[5]

History

IGS Energy’s founding has its roots in the oil and energy crisis of 1973. In response to OPEC price hikes and the resulting U.S. oil crisis, Congress passed the Emergency Natural Gas Act of 1977, which opened the door for natural gas choice programs to spring up in several states. Throughout the 1970s and 1980s, these natural gas programs for commercial and industrial customers were introduced nationwide. In the late 1985s, gas was made available to residential consumers.

In 1986, Marvin White, former CEO of Columbia Gas Distribution Companies, helped found Ohio’s choice program. Three years later, in 1989, he founded Interstate Gas Supply, Inc. (IGS Energy), in Dublin, Ohio, with his son, Scott. The privately held company began as a commercial and industrial wholesale supplier of Ohio-produced natural gas. By 1992, IGS Energy expanded its focus to include natural gas retail marketing directly to end-users.

Following the deregulation of residential natural gas service in 1997, IGS Energy began serving residential customers of Columbia Gas of Ohio. IGS Energy further expanded into the residential and small commercial arenas in 1999. Today, as a natural gas provider, the company offers gas in Ohio, Michigan, Kentucky, New York, California, Pennsylvania, Indiana, Virginia and Illinois and has plans to expand further.[citation needed]. In 2011 IGS Energy began providing electric service to customers in Chicago and Pennsylvania.[6]

Natural gas and electric residential choice programs

IGS Energy is a leading provider in Natural Gas Choice in several Midwestern and Northeastern utilities, including Columbia Gas of Ohio, Dominion East Ohio, Duke Energy, Vectren Energy Delivery of Ohio, Columbia Gas of Kentucky, Michcon, Consumers Energy, NIPSCO, Nicor, Central Hudson, National Grid, National Fuel of New York, Columbia Gas of Pennsylvania, National Fuel of Pennsylvania, and Columbia Gas of Virginia. IGS provides electric service to residential customers in Duquesne Light of Pennsylvania, PECO Energy Company of Pennsylvania and Commonwealth Edison of Illinois.[7] Residential choice programs enable consumers and other small volume users to purchase natural gas and electricity from suppliers other than their local utility company. Before Choice programs, natural gas and electric customers were required to purchase natural gas and electricity from their local utility. With Choice programs, customers can either purchase from their natural gas utility or choose to receive their gas supply from certified suppliers.[8] In February 2012 IGS Energy began serving electric customers in Ohio in the American Electric Power, Duke Energy, Baltimore Gas & Electric and Dayton Power & Light service territories.[9][10]

Participation in residential choice programs

In 2008 customer participation in natural gas choice programs throughout the United States reached an all time high.[11] IGS Energy's largest customer base is in the state of Ohio. More than 40 percent of the state's residential natural gas customers were purchasing from a certified provider as of September 2008.


Environmental initiatives

In January 2013, IGS Energy CNG Services announced plans to invest $10 million to construct 4 compressed natural gas refueling stations off Interstate 79 in West Virginia and Pennsylvania. Construction of the I-79 CNG corridor is schedule for completion by the end of 2013.[12] In June 2013 IGS Energy announced plans to construct another CNG station in Youngstown Ohio with a completion date scheduled for early 2014.[13]

References

  1. ↑ http://www.igsenergy.com
  2. ↑ http://www.igsenergy.com/Residential
  3. ↑ http://www.igsenergy.com/WhyIGS
  4. ↑ Ball, Brian R. (17 March 2008). "Interstate Gas Supply alights in Dublin". 
  5. ↑ http://www.bbb.org/centralohio/business-reviews/natural-gas-companies/igs-energy-in-dublin-oh-31000371/
  6. ↑ "America's #1 Independent Retail Supplier of Natural Gas Enters Electricity Market". Reuters. 30 June 2011. 
  7. ↑ Paul, Ring. "Interstate Gas Supply Begins Offering Service at Duquesne Light". Energy Choice Matters. Retrieved 3 November 2011. 
  8. ↑ http://www.columbiagasohio.com/en/your-home/Customer-choice/choice-faqs.aspx
  9. ↑ http://www.energychoicematters.com/stories/20120214a.html
  10. ↑ http://www.energychoicematters.com/stories/20120507a.html
  11. ↑ http://www.eia.doe.gov/oil_gas/natural_gas/restructure/state/us.html
  12. ↑ http://wvgazette.com/News/201301170049
  13. ↑ http://www.crainscleveland.com/apps/pbcs.dll/section?category=framelink&link=businessjournaldaily.com%2fdrilling-down%2fcng-fueling-station-fill-growing-demand-valley-2013-6-5&oas=businessjournaldaily.com_drilling-down_cng-fueling-station-fill-growing-demand-valley-2013-6-5

External links

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