Company Summer Energy Holdings, Inc.

Equities

SUME

US8656341091

Electric Utilities

Market Closed - OTC Markets 18:05:21 07/05/2024 BST 5-day change 1st Jan Change
0.39 USD -13.33% Intraday chart for Summer Energy Holdings, Inc. -13.33% +11.43%

Business Summary

Summer Energy Holdings, Inc. operates through its wholly owned subsidiaries Summer Energy, LLC (Summer LLC), Summer Energy Midwest, LLC (Summer Midwest), and Summer Energy Northeast, LLC. Summer LLC is a retail electric provider in the state of Texas under a license with the Public Utility Commission of Texas (PUCT). Summer LLC procures wholesale energy and resells to commercial and residential customers. The Company provides electricity to residential and all size commercial customers in the restructured retail energy market. Summer Northeast is engaged in serving electric load to both residential and commercial customers in the Northeastern United States and holds licenses in Massachusetts and New Hampshire. Summer Midwest provide billing, collections, back-office service, including supply and scheduling services, customer service and accounting services.

Number of employees: 90

Sales per Business

USD in Million2022Weight2023Weight Delta
Electric Reliability Council of Texas Market
87.9 %
268 91.2 % 264 87.9 % -1.47%
PJM Market
6.9 %
10 3.4 % 21 6.9 % +106.20%
Electric Reliability Council of Texas Pre-paid Market
2.8 %
8 2.7 % 8 2.8 % +5.59%
Fees
1.9 %
6 2.1 % 6 1.9 % -7.73%
ISO New England Market
0.5 %
2 0.5 % 1 0.5 % -13.54%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
294 100.0 % 300 100.0 % +2.24%

Managers

Managers TitleAgeSince
Chief Executive Officer 64 20/01/13
Director of Finance/CFO 62 26/03/12
Chief Operating Officer - 30/09/22
Investor Relations Contact - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 64 20/01/13
Chairman 63 26/03/12
Director/Board Member 67 07/03/13
Director/Board Member 62 26/03/12
Director/Board Member 59 03/06/13
Director of Finance/CFO 62 26/03/12
Director/Board Member 58 26/03/12

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 32,535,188 21,165,245 ( 65.05 %) 0 65.05 %

Company contact information

Summer Energy Holdings, Inc.

5847 San Felipe Street Suite 3700

77057, Houston

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http://www.summerenergy.com
address Summer Energy Holdings, Inc.(SUME)
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