Stream Energy is a subsidiary of NRG Energy and a retail electricity company. It uses

multi-level marketing Multi-level marketing (MLM), also called network marketing or pyramid selling, is a controversial marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling th ...

as its primary sales channel. The company sells electric and gas services in seven states and Washington, D.C.

History

Stream was founded in 2005 by Rob Snyder and Pierre Koshakji. Stream has energy services in seven states, including

Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...

Pennsylvania Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...

New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...

New Jersey New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware ...

Georgia Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the ...

Maryland Maryland ( ) is a state in the Mid-Atlantic region of the United States. It shares borders with Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware and the Atlantic Ocean to ...

and

Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolita ...

, as well as

Washington D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, Na ...

The company first offered energy services in Texas following the

deregulation of the Texas electricity market The Texas electricity market is deregulated, meaning that there is competition in the generation and distribution of electricity. Power generators in the Texas Interconnection, managed by the Electric Reliability Council of Texas, participate in an ...

. The company expanded to Georgia in 2008, followed by the Northeast in 2010. In 2015, Stream also began offering mobile phone service, Stream Wireless. Stream moved its headquarters from the

Infomart The Infomart is one of the largest buildings in Dallas, Texas (USA). It is the world's first and only information processing marketing center. It is located at 1950 N. Stemmons Freeway in the Market Center neighborhood between Oak Lawn and I ...

building on

Stemmons Freeway Interstate 35E (I-35E), an Interstate Highway, is the eastern half of I-35, where it splits to serve the Dallas–Fort Worth metropolitan area. I-35 splits into two branch routes, I-35W and I-35E, at Hillsboro. I-35E travels north for , mai ...

to the Tollway Center office building on Dallas Parkway in North Dallas in May 2017. Despite an influx of independent contractors (termed "directors") signing up with Ignite, the multi-level marketing arm of Stream, the majority of this sales force "lost nearly all their investments."

References

External links

* {{Multi-level marketing NRG Energy Multi-level marketing companies Direct marketing Energy infrastructure in Texas Companies based in Dallas Energy companies established in 2004 Non-renewable resource companies established in 2004 2004 establishments in Texas Corporate subsidiaries