Direct Energy

Direct Energy
National Federation of Independent Business

National Federation of Independent Business

April 28, 2009 09:00 ET

National Federation of Independent Business and Direct Energy Business Work Together to Stabilize Electricity Costs for Small Businesses

Energy Prices Cited In Recent Survey As The Number Two Concern of Small Business

ANNAPOLIS, MARYLAND--(Marketwire - April 28, 2009) - Energy costs rank as the second most pressing problem for small business owners according to the most recent Small Business Problems and Priorities Survey conducted by the National Federation of Independent Business (NFIB). In response to business owners' needs, NFIB and Direct Energy Business have joined forces to offer NFIB-member, small business owners an electricity pricing solution that will protect their business from electricity price hikes.

"The unpredictability of electricity prices is making it difficult for many business owners to effectively plan their finances as even a small, unexpected rate increase can have a dramatic impact on their budget," said Ellen Valentino, NFIB's Maryland state director. "In the past, small businesses did not have the necessary purchasing power to negotiate electricity rates on their own. But now, through Direct Energy Business, a small business can secure a fixed price for their electricity providing them with some stability in an uncertain economic climate."

Direct Energy Business is helping NFIB members alleviate one of their most pressing business issues by making available to them a unique fixed-rate electricity contract specifically created to meet small business' needs. NFIB members will have the ability to lock in the rate per kilowatt hour for the supply portion of their electricity bill for an agreed-upon period of time as part of Direct Energy Business' program. During this time, the fixed portion of the business' electricity rate will not increase.

Direct Energy Business has extensive experience working with small businesses across North America. Currently, Direct Energy Business is servicing over two thousand businesses in Maryland.

"Small businesses are the engine of the American economy - creating two out of every three new jobs," said Rana Ghosh, Senior Director, Direct Energy Business. "As such, Direct Energy Business is committed to providing small businesses with access to affordable and reliable electricity supply so they can establish a solid foundation from which to innovate, expand and create new jobs without having to worry about electricity price spikes."

Small businesses can learn more about the program by visiting www.directenergybusiness.com/NFIB or contacting Direct Energy Business at 866.967.NFIB (6342). NFIB membership is required for participation in the program.

About Direct Energy Business

Direct Energy Business is one of North America's largest commercial retail energy suppliers and a Direct Energy company. With more than 20 years of industry experience, Direct Energy Business is dedicated to helping customers make cost-effective choices for their electricity and natural gas requirements. Headquartered in Pittsburgh, PA, Direct Energy Business serves nearly 50,000 customers in 14 states, the District of Columbia and five Canadian provinces. Direct Energy is wholly owned by Centrica plc. (LSE: CNA,) one of the world's leading integrated energy companies. To learn more, visit www.directenergybusiness.com.

About National Federation of Independent Business

NFIB is the nation's leading small business association, with offices in Washington, D.C. and all 50 state capitals. NFIB's mission is to promote and protect the right of our members to own, operate and grow their businesses. More information about NFIB is available online at www.NFIB.com.

- As a retail energy supplier, Direct Energy Business offers competitive pricing on the rates per kilowatt hour for the generation or supply portion of a bill. A small business' bill will also include transmission and distribution charges from the regional utility.

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