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Energy CX Achieves Record-Breaking First Quarter Revenue

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Press

Energy CX is proud to announce a record-breaking first quarter of 2024. We’re committed to customer satisfaction and finding the most innovative energy solutions; saving our customers more than $53 million on energy in 2023 alone.

Our record-breaking quarter included:

  • Record-setting Revenue Growth: YoY Q1 revenue growth of 86%.
  • New Partnerships: Significant expansion of customer base, signing 67 new clients that cover over 230 Million square feet of real estate across the country.
  • Product Innovation for Energy Procurement: Continuous improvement of analytics and intelligence platforms to provide the most informed and cost-effective purchasing decisions.

"Our growth is a testament to our company's continuous focus on empowering owners and operators to buy energy in a smarter way," said President of Energy Strategy Nathan Rice. "The receptiveness from our customers and new companies we speak to every week has been very encouraging. We are excited to further build upon this mission."

The latest revenue report comes off a milestone year, including 59% YoY annual revenue growth, 95%+ renewal rates for existing customers and a 78% increase in workforce last year.

Eddie Conlisk, Head of Market Intelligence, added, "In an antiquated space that's historically been hard to differentiate yourself, we are starting to emerge as a premier provider. Our data and technology provides transparency into when and how customers should be purchasing their energy."

We are proud to be ranked nationally as a Top Energy Brokerage and trusted by a roster of existing partners including: Sterling Bay, Article Student Living, and Boka Restaurant Group.

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