Stream Gas & Electric, Ltd.

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Stream Gas & Electric, Ltd. - overview

Established

2005

Location

Dallas, TX, US

Primary Industry

Power & Utilities

About

Stream Gas & Electric, Ltd. is an energy provider specializing in electricity and natural gas services, catering to both residential and commercial clients with a focus on affordable and sustainable energy solutions. Founded in 2005 and headquartered in Dallas, US, Stream Energy operates as an energy solutions provider, focusing on delivering electricity and natural gas services. The company was established by a team of entrepreneurs committed to enhancing consumer access to energy options.


Stream Energy has maintained a consistent operational strategy without any significant pivots or changes in business focus, thus establishing itself firmly in the energy market. Stream Energy offers a variety of energy solutions, primarily focusing on electricity and natural gas services for both residential and commercial clients. The company’s core product offerings include fixed and variable rate plans for electricity, as well as natural gas plans aimed at providing affordable energy options tailored to the needs of homes and businesses. Additionally, Stream Energy promotes renewable energy options, powered by 100% renewable sources, addressing the increasing consumer demand for sustainable energy solutions.


These services meet the energy needs of customers across several geographical markets, including Texas, Georgia, Pennsylvania, Maryland, New Jersey, New York, Washington D. C. , Illinois, Delaware, and Ohio, targeting homeowners and businesses looking for cost-effective energy solutions. Stream Energy generates revenue through its structured offerings of energy plans, typically billed on a monthly basis.


The revenue model consists primarily of direct-to-consumer transactions, where customers choose their preferred energy plans based on fixed or variable rates and may opt for renewable energy solutions. The company’s pricing structures are designed to cater to varying customer needs, allowing for both short-term and long-term service agreements that can span from two months to five years. Customers are charged based on consumption levels, with added incentives for those selecting renewable energy options, ensuring transparency and fostering customer loyalty. Stream Energy aims to expand its product line by introducing innovative energy solutions tailored to evolving consumer needs, with planned launches in the upcoming year.


The company is also targeting geographic expansion into new markets, particularly focusing on regions not currently served, aiming for completion by the end of the next fiscal year. Recent funding will be strategically allocated to support these initiatives, enhancing operational capabilities and marketing efforts to penetrate these new areas.


Primary Industry

Power & Utilities

Sub Industries

Electric Utilities, Natural Gas Utilities, Solar Power

Website

http://www.mystream.com

Verticals

Mobile Apps

Total Amount Raised

Subscriber access only

Stream Gas & Electric, Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedStream Gas & Electric, Ltd.'s retail electricity and natural gas business-

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