AEP Energy News and Press
News, Press Releases and Upcoming Event Listings
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2012 News and Press
March 8, 2012
American Electric Power (NYSE: AEP) and its unregulated subsidiary AEP Energy, Inc. today completed the acquisition of BlueStar Energy Holdings Inc. and its independent retail electric supplier AEP Energy.
February 28, 2012
The Beverage Retailers Alliance of Illinois (BRAI) and BlueStar Energy exclusive affiliation extends savings on electricity supply, renewable energy and energy efficiency solutions.
February 28, 2012
AEP Energy today announced an exclusive partnership with the Morton Economic Development Council (Morton EDC) to supply members with energy and a full range of energy efficiency solutions.
February 14, 2012
AEP Energy today announced an exclusive partnership with the Illinois Petroleum Marketers Association and Illinois Association of Convenience Stores to supply members with energy and a full range of energy efficiency solutions.
January 5, 2012
AEP Energy today agreed to be acquired by American Electric Power. "Joining forces with an established company like AEP provides BlueStar with the resources and support necessary to build on our track record of profitable growth and expansion, and to continue our mission of helping customers use less electricity and pay less for it," said BlueStar Energy Chief Executive Officer Guy H. Morgan.
BlueStar used Robert W. Baird & Co. as its exclusive financial advisor for the transaction. Click here for the full announcement released by AEP this morning.
2011 News and Press Archive
December 15, 2011
AEP Energy today announced an exclusive partnership with the Schaumburg Business Association (SBA) to supply members with energy and a full range of energy efficiency solutions. BlueStar Energy will work on an individual basis with 500 plus members to customize a program designed to save money and use less energy for businesses.
December 15, 2011
AEP Energy today announced that it has upgraded its partner portal to provide its partners tools to help them deliver a suite of electric supply and energy management products to their clients. Enhancements included streamlined account navigation, quick access to marketing and training materials, a re-designed interface and new Marketplace section with energy industry links and real-time news.
December 15, 2011
The Green Restaurant Association this week named Uncommon Ground's Devon Avenue location the greenest restaurant in America after owners Helen and Michael Cameron implemented 116 environmental features. "...we switched our electric supplier to BlueStar Energy, a renewable energy company. Now the energy we buy is green wind power produced in the U.S."
- Crain's Chicago Business
December 1, 2011
The replacement of the 2,400 fixtures in all five of the city's public garages will provide better, brighter lighting and make the garages safer. It will cost less to power and maintain the fixtures, and the project will reduce the authority's environmental impact.
- Benard Harris, Lancaster Online
November 28, 2011
LG Electronics USA said today the company would use 2007 emissions levels as the baseline for the 50 percent reduction, which would largely revolve around its energy use. Its operations consume roughly 19.4 million kilowatt hours each year. In October, the company partnered with AEP Energy to buy RECs for its Englewood Cliffs, N.J., headquarters. - GreenBiz.com
November 17, 2011
Helping build upon the company's energy efficiency and demand response offerings for businesses across the U.S., AEP Energy today announced it acquired TruBrite Energy Management.
September 1, 2011
AEP Energy Designs "Green" LED Lighting Solution for Franklin Park Public Library to Reduce Energy Consumption
Helping reduce energy consumption, AEP Energy recently designed an energy saving lighting solution for the Village of Franklin Park's Public Library. Through the implementation of LED technology, BlueStar Energy helped the library achieve a 56 percent reduction in energy consumption.
August 30, 2011
AEP Energy today announced that its Chief Legal Officer, Jon Casadont was named a winner of the 2011 First Chair Award for Top General Counsel.
August 29, 2011
Jon M. Casadont started practicing just six years before joining AEP Energy as the company's first in-house lawyer. - Chicago Daily Law Bulletin
August 2, 2011
AEP Energy today announced an exclusive partnership with the Illinois Automobile Dealers Association to supply members with energy and a full range of energy efficiency solutions.
July 11, 2011
Nicholas Apostal is so excited to be saving $40 to $50 a month on his electric bill that he's recommending his home-buyer clients do the same.
June 23, 2011
BlueStar Energy's CEO, Guy Morgan, Named Ernst & Young Entrepreneur Of The Year® Award Winner in the Midwest Region.
AEP Energy today announced that Chief Executive Officer and Chairman, Guy H. Morgan, was selected Ernst & Young Entrepreneur Of The Year® for the Midwest region. This award recognizes BlueStar Energy's continuing efforts as one of the fastest-growing energy suppliers in the United States.
June 6, 2011
AEP Energy announced that it has been named to Crain's Chicago Business Fast Fifty for 2011, ranked number eight. This is the third year BlueStar Energy has been named to the list having first earned this distinction in 2008 and again in 2009. According to Crain's, the list recognizes the fastest-growing companies in the Chicago area.
May 25, 2011
Chicago's electricity supply market has become increasingly competitive with 12 newcomers since 2010, but the first competitor to enter the residential market appears to be thriving nevertheless.
- Medill Reports Chicago, Northwestern University
May 4, 2011
BlueStar Energy's CEO, Guy H. Morgan, Named Ernst & Young Entrepreneur Of The Year® 2011 Award Finalist in Midwest Region.
AEP Energy today announced that its Chief Executive Officer and Chairman, Guy H. Morgan, is a finalist for the Ernst & Young Entrepreneur Of The Year® 2011 Award in the Midwest region. This is the second consecutive year that Mr. Morgan has been selected as a finalist.
April 18, 2011
AEP Energy is ranked as the largest retail electricity supplier and number 134 overall on the list of largest privately held companies in the Chicago six-county area by Crain's Chicago Business.
February 23, 2011
Illinois' second largest city continues to be a renewable energy leader after Aurora has been named the state's first Green Power Community by the U.S. Environmental Protection Agency (EPA).
January 29, 2011
WGN radio host Bill Moller speaks with Kevin Wright, President of the Illinois Competitive Energy Association, about where Illinois residents can get electricity supply at a lower cost including BlueStar Energy's Illinois electricity supply services.
2010 News and Press Archive
November 24, 2010
AEP Energy offers 100 percent renewable-energy electricity supply at less than Peco's default rate. - The Philadelphia Inquirer
September 1, 2010
The BlueStar Energy partner website provides efficient access to the tools and information partners need to market, sell and manage electricity supply and energy efficiency (DSM) solutions.
July 16, 2010
The Skinny on Smart Meters: An Interview with Gib Armstrong, Director of Regulatory Affairs for AEP Energy
As an outcome of our evolving deregulated electricity market and quest for smart grid development, smart meters are being installed throughout Pennsylvania and the country.
July 14, 2010
When Illinois utilities were deregulated in 1997, the promise was high. Deregulation meant increased competition, which was bound to drive energy prices lower, and was sold to state decision-makers as a boon for everyone.
May 16, 2010
"For the first time since Illinois opened competition in the residential electricity market eight years ago, an alternative supplier has entered the Northern Illinois region." - Chicago Tribune
May 6, 2010
ComEd Increases Residential Electricity Rates By 19% for This Year and Next. BlueStar Energy Offers Choice.
BlueStar Energy Offers Choice For Residential Consumers with Prices 11% less than ComEd's new rates or 5% less for Renewable American Energy.
March 2, 2010
BlueStar Energy Adds Troy Hammond as President, Demand Side Management, and Jim Petersen as Vice President, Operations
"We are extremely pleased to have individuals of Troy and Jim's caliber as part of the BlueStar team. The extensive knowledge and experience they bring will be a considerable asset to the company," said Guy Morgan, Chief Executive Officer of BlueStar.
January 28, 2010
BlueStar Energy Granted Electric Generation Supplier License in additional Pennsylvania Service Territories
The Pennsylvania Public Utility Commission granted BlueStar Energy Services, Inc., d/b/an AEP Energy, an Electric Generation Supplier ("EGS") License on January 28, 2010 allowing BlueStar Energy to provide electricity supply service to residential, small business, commercial and industrial customers in all utility service territories.
2009 News and Press Archive
December 22, 2009
Bluestar Energy CEO Guy Morgan, featured on Fox Business News, on the energy solutions company's rapid growth.
November 6, 2009
The Pennsylvania Public Utility Commission granted BlueStar Energy Services, Inc. an Electric Generation Supplier (EGS) License November 6, 2009 allowing BlueStar to provide electric service to large commercial and industrial customers in the PPL service territory beginning January 1, 2010. BlueStar will be ready to serve Pennsylvania customers in the PPL territory, which includes most of central Pennsylvania, once electric rate caps expire in 2010. Rate caps have kept electricity prices artificially low, preventing competitors such as BlueStar from entering the market. Pennsylvania consumers can expect increased market competition, and with it, greater choices and better values once these electric rate caps expire.
October 1, 2009
BlueStar Energy Introduces Lower Electric Bills for Illinois Residential and Small Business Customers
BlueStar Energy's efficient online sign up process eliminates paper, protects natural resources and saves money. Illinois residential and small business customers now have a new choice when it comes to electricity providers and the opportunity to save money on their monthly electric bills.
September 30, 2009
BlueStar Energy Services, Inc. (BlueStar), a retail energy supplier providing electricity and related services to industrial, commercial and residential customers in Illinois, Maryland and Washington, D.C., today announced that Steven J. Strobel has joined the company as Chief Financial Officer.
September 1, 2009
Inc. Magazine ranked BlueStar Energy the second fastest growing energy supplier and #83 in the Top 100 Inc. 5,000 Companies by Gross Dollars of Growth.
May 30, 2009
"BlueStar helps customers understand how their usage patterns vary and which products may help save energy costs. Our IT systems provide more meaningful information than just simply an electric bill," co-founder and CEO Guy Morgan says.
May 30, 2009
The goal of the SOA Case Study Competition was to highlight business success stories and lessons learned to provide proof points and insights for other organizations considering or pursuing SOA adoption.
May 29, 2009
The InfoWorld CTO 25 awards honor those who triumph over significant challenges, using IT as their main vehicle to get results.
March 30, 2009
BlueStar Energy Services, Inc. ("BlueStar"), a retail energy supplier providing electricity and related services to industrial, commercial and residential customers in Illinois, Maryland and Washington, D.C., today announced that it has closed a new secured credit facility.
2008 News and Press Archive
December 15, 2008
"A shift to open source has been wildly successful for BlueStar Energy: Six-year-old BlueStar Energy Services, Inc. doesn't have the kind of systems-baggage that saddles many older organizations. Still, the Chicago-based company found itself hindered by the rigidity of its core systems, which constrained its efforts to expand its customer base and offer new services."
November 26, 2008
"On a nuclear submarine, decisions come quickly, and it was in the intense environment of a U.S. Navy submarine that nuclear reactor operator Guy Morgan learned to make decisions under pressure. Now, as founder and CEO of BlueStar Energy Services Inc., Morgan's decisions have helped propel the retail electricity supplier to huge growth, from 2003 revenue of $1.5 million to 2007 revenue of $171 million. And he's not done yet..."
November 17, 2008
Info World Magazine named BlueStar's IT platform as a Top 10 Finalist in its annual Info World 100 Awards for 2008
November 3, 2008
Aaron Rasty, BlueStar Energy's Co-Founder and Chief Operating Officer, has been featured in Crain's 2008 40 Under 40.
September 30, 2008
Inc. Magazine ranked BlueStar Energy #13 on the Fastest-Growing Private Companies list and the fastest growing energy supplier in the Inc. Top 100 Energy Companies.
May 31, 2008
"When the Illinois Legislature deregulated electricity in 1997, it opened a huge market for companies like BlueStar, an alternative energy supplier that buys power wholesale and resells it to Illinois companies and homes..."
May 31, 2008
"Soon, reducing energy consumption, maximizing customer savings, and helping businesses and residences improve the environment will be possible everywhere, with the fastest-growing electricity supplier in the nation."
April 28, 2008
BlueStar Energy: Feature Article in Crain's 2008 List of Largest Privately Held Companies in Illinois
"BlueStar also advises customers on how to reduce energy use and retrofits lighting systems, a move that can reduce electricity bills by 5% to 20%. [BlueStar] also sells green energy generated by the sun, wind and moving water."