ENGIE is stepping up to the plate in Massachusetts, entering three retail, natural gas markets in the Bay State, company officials announced today.
It’s subsidiary ENGIE Resources, the official supplier to the Boston Red Sox, will now offer fixed-and index-plus pricing contracts and firm delivery service to commercial and industrial customers in Boston Gas, Colonial Gas and Essex Gas service territories.
According to the announcement, the ENGIE Resources offer includes: a standard contract form and payment terms; a choice of dual bills (electricity and gas), or a single utility consolidated bill; and a range of usage bandwidth options. Transaction term lengths are up to 48 months, it added.
Company officials point out that ENGIE Resources already serves the retail electricity needs of more than 1,600 commercial and industrial customers in Massachusetts. They add that the addition of natural gas service offers customers an opportunity to aggregate commodity supply to reduce purchase costs, lower procurement and supplier management costs, and streamline compliance.
“ENGIE has a rich history in Massachusetts, which includes serving as the official energy supplier to the Boston Red Sox. The state is a $7 billion natural gas market and one of the top five markets in the U.S. for natural gas consumption.”Said Tim Hughes, Regional Vice President at ENGIE Resources.
“We believe we have a competitive, transparent commodity offer backed by financial strength and a global ambition to lead the transition to a zero-carbon future,” he added..
Officials noted ENGIE Resources is now a natural gas service in seven states, noting that the company entered natural gas markets in Ohio and Illinois in September 2018; New York, when it acquired Plymouth Rock Energy (Woodmere, NY) in December 2018; and Pennsylvania in May 2019.
Your Opinion Matters
Have Something To Say About This Story?