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Entrepreneru Magazine's Hot 100 Fastest-Growing Busisnesses
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MXenergy

Natural gas and electricity supplier


Company Details
Location: Stamford, CT
Founders: Jeffrey A. Mayer, 56
Year Started: January 1999
Initial Investment: $200,000

2007 Sales: $703.9 million

Number of Employees:
Day 1: 2
2007: 200
2008: 225*

* Projected by 2009
Company Background
MXenergy is one of the fastest-growing retail natural gas and electricity suppliers in North America, serving approximately 500,000 customers in 39 utility territories in the United States and Canada. Founded in 1999 to provide natural gas and electricity to consumers in deregulated energy markets, MXenergy helps residential customers and small business owners control their energy bills by providing both fixed and variable rate plans.
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