Liberty Power Enters Ohio Electric Market

FT. LAUDERDALE, Fla., Nov. 8, 2012 /PRNewswire/ --Liberty Power, the nation's largest independent retail electric supplier, today announced it is now serving commercial customers in Ohio. With the launch of this new market, Liberty Power is now able to provide electricity choice to the more than 530,000* eligible businesses located in the Buckeye State.

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Liberty Power is now actively selling in 14 states with competitive or "deregulated" retail electricity markets. A competitive retail market allows consumers to choose the company that will supply their electricity requirements through the existing utility delivery system. With the addition of Ohio, Liberty Power further cements itself as one of the largest retail electricity suppliers in the United States in terms of geographic scope, operating in over 50 utility territories.

"The addition of Ohio to our portfolio of active markets is a tremendous growth opportunity for the company," said David Hernandez, co-founder and CEO of Liberty Power. "We look forward to providing Ohio businesses with the competitive electricity rates and exceptional customer service that we have been delivering to customers in retail electricity markets for over 10 years," he added.

Liberty Power is offering its full suite of electricity plans for small, medium and large commercial customers in Ohio. The company offers low fixed rates for all customers, as well as index, custom-tailored block-and-index, hybrid, and renewable products for large commercial customers. The company first began its sales and marketing efforts during the summer with contract start dates beginning in October 2012.

"Initial sales efforts in the state have been well-received and we look forward to building our presence in Ohio, one relationship at a time," stated Alberto Daire, co-founder, President and Chief Operating Officer of Liberty Power.

Liberty Power is offering consolidated billing through all Ohio utilities, allowing customers to continue receiving one bill from their local utility. Ohio utilities include: Dayton Power & Light, Duke Energy, The Illuminating Company (formerly Cleveland Electric Illuminating), Ohio Edison, Toledo Edison, Ohio Power, and Columbus Southern Power.

About Liberty Power Headquartered in Fort Lauderdale, Florida, Liberty Power is the largest independent retail electric supplier in the United States based on 2012 KEMA rankings of electric retailers. The company is also the first certified, minority-owned supplier with a national footprint, and the largest Hispanic-owned energy company in the United States according to Hispanic Business. Liberty Power provides large and small businesses, government agencies and residential customers with low-cost electricity and exceptional customer service.

For more information on Liberty Power, please visit http://www.libertypowercorp.com

*Source: PUCO, Division of Market Monitoring & Assessment, "Summary of Switch Rates from EDUs to CRES Providers in Terms of Customers For the Month Ending June 30, 2012 (Updated 8-30-12)."

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Liberty Power Enters Ohio Electric Market