GDF SUEZ Subsidiary's 'Taking Charge of Change' Seminar Continues to Assist Businesses

PHILADELPHIA, July 20 /PRNewswire/ -- GDF SUEZ Energy Resources NA, the retail electricity business of GDF SUEZ Energy North America, announced today that it has posted online video presentations and materials from the company's recent "Taking Charge of Change" seminar, which focused on helping Philadelphia-area businesses prepare for the expiration of electricity rate caps in the PECO service territory.

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The how-to materials are available on a GDF SUEZ Energy Resources website dedicated to the opening of the competitive electricity market in Pennsylvania: www.rediscoverenergypa.com/peco.  

The website was developed as part of GDF SUEZ Energy Resources' ongoing commitment to being a leader in providing valuable energy-related information to businesses in the Keystone State. Presentations posted from the June 15 seminar in Philadelphia include:

• James Cawley, Chairman of the Pennsylvania Public Utilities Commission, who urged businesses to begin shopping for a competitive supplier now because "this is a wonderful opportunity for you to save money."
• John McCawley, Director of Energy Acquisition for PECO, who offered advice on preparing for the expiration of rate caps and provided recommendations on how businesses can pursue savings on electricity costs.
• David Braun, Vice President of the PJM market for GDF SUEZ Energy Resources, who discussed changes in the market structure, how electricity is priced, and how businesses can better-manage their electricity supply risk.
• Andrew Weissman, Editor-In-Chief and Publisher of Energy Business Watch, who discussed long-term changes occurring in the energy industry and how they might affect prices.
• Joe Banner, President of the Philadelphia Eagles, who discussed risk management from the perspective of the NFL, defining it as "imagining what hasn't happened, but could occur, and playing your strategies to prevent those things from occurring."

"This seminar was about choice and change," said Robert Wilson, President and CEO of GDF SUEZ Energy Resources, "and we were fortunate to have a group of speakers with the expertise to help companies better understand the risks, rewards and responsibilities associated with a deregulated electricity marketplace. We hosted this event to offer businesses useful information to help them make an informed decision. I believe that those who attended, and those who view the presentations online, will agree we accomplished that goal."

The Philadelphia seminar was part of an ongoing customer education initiative that GDF SUEZ Energy Resources, the second-largest provider of non-residential electricity in the United States, has undertaken in Pennsylvania this year. The company entered the PPL market in 2009, and earlier this year announced plans to expand its presence into four additional regional markets during 2010, bringing more options for pricing and products to commercial, industrial and institutional customers in the PECO, MetEd, Penelec and Allegheny Power (West Penn) service territories. GDF SUEZ Energy Resources is pricing supply offerings today for service beginning in January 2011. To learn more about the company's commitment to Pennsylvania, go to www.rediscoverenergypa.com.

GDF SUEZ Energy Resources NA is the second largest non-residential retail energy supplier in the United States and currently serves commercial and industrial customers in 11 markets: Delaware, Texas, Massachusetts, Maine, Maryland, New York, New Jersey, Pennsylvania, Illinois, Connecticut, and Washington, D.C. The company serves over 60,000 accounts for customers having a peak demand ranging from 50 KW to more than 200 MW, with an estimated peak load totaling over 8,000 MW.

To learn more about GDF SUEZ Energy Resources, visit www.gdfsuezenergyresources.com or call 1-866-999-8374.

About GDF SUEZ Energy North America, Inc.:

GDF SUEZ Energy North America, Inc. manages a range of energy businesses in the United States, Mexico, and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas (LNG) distribution and sales, asset-based trading and origination, and retail energy sales and related services to commercial and industrial customers.

GDF SUEZ Energy North America owns and/or operates a total of 58 power, cogeneration, steam, and chilled water facilities, including those in construction, representing a capacity of more than 8,000 MW of electricity generation, 6.0 million pounds per hour of steam, and 42,000 tons per hour of chilled water. Renewable fuels—wind, hydro, and biomass—power 23 of the facilities in the portfolio, two of which are among the largest wind farms in eastern Canada. The company's natural gas assets include an LNG receiving terminal in Everett, Massachusetts, which currently meets approximately 20 percent of New England's annual gas demand; an offshore LNG import facility off the coast of Massachusetts; and natural gas distribution networks and pipelines in Mexico that serve nearly 400,000 customers.

GDF SUEZ Energy North America is part of the international energy group, GDF SUEZ.

SOURCE GDF SUEZ Energy Resources

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