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October 07, 2015 5:19 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Direct Energy Income Fund

Company Overview

Direct Energy Income Fund, along with its subsidiaries, owns and operates oil and gas properties. The company supplies energy and energy solutions for residential and business customers in Canada and the United States. It produces and offers natural gas and electricity price protection; a range of heating, ventilation, and air conditioning services, including energy retrofits, installation, maintenance programs, service, and repair; building automation services; energy management software; and financing for capital intensive projects. The company also provides natural gas supply services to business customers in San Diego and southern Orange counties in California. Direct Energy Income Fund ...

25 Sheppard Avenue West

Suite 1500

Toronto, ON M2M 6S6


Founded in 1986





Key Executives for Direct Energy Income Fund

President of Mass Markets Energy
Age: 61
President of Home & Business Services
Age: 60
Senior Vice President of Production of Direct Energy Marketing Ltd.
Senior Vice President - Operations & Supply - Direct Energy Marketing Limited
Secretary of Direct Energy Marketing Ltd.
Compensation as of Fiscal Year 2015.

Direct Energy Income Fund Key Developments

Direct Energy Unveils Itemized Electricity Usage for Residential Customers

Direct Energy launched the second phase of Direct Your Energy, which includes the first-ever online dashboard detailing customer usage according to the appliances and products in their homes, as well as showing weather patterns, home comparisons, temperature set point overlays, personal alerts and recommendations, and much more. Using live customer data from smart meters, Direct Energy can now provide a detailed account of a customer's energy usage. This means the total amount spent at the appliance level, such as air conditioning, will be shown. It is an innovative alternative to sending a bill with only the total usage in kilowatt hours, which is an abstract measurement for most consumers. Another new feature in the second phase of Direct Your Energy is a home comparison of a household's energy usage. This information relates a customer's usage compared to other homes within the same zip code with similar appliances, home amenities, and usage patterns. Customers will also receive personal alerts and recommendations based on their usage behavior. For example, 'Amanda, the water heater is consuming 56% more electricity than normal, costing an additional $16.35 this month'. Another feature, the Home Profile survey, gives customers the option of providing additional information on home amenities and appliances to help improve the accuracy of energy usage forecasting and email and alert personalization. The goal is to help a customer better understand not only how their overall energy usage compares in relation to other similar homes, but also to give insight into how much their appliances consume compared to appliances in homes of a similar size.

Direct Energy Expands Operations in Buffalo Grove, Illinois

Direct Energy, has expanded its operations in Buffalo Grove, Illinois. The company increased its facilities by 75% and now occupies about 57,000 square feet. There are almost 300 employees working in the expanded facilities on Abbott Court. More than 100 new jobs have been added this year and Direct Energy continues to hire to support its Home Warranty of America, Direct Energy Protection Plans and Direct Energy Rentals businesses that are located here.

Direct Energy Presents at 10th Annual Platts Northeast Power & Gas Markets Conference, May-28-2015 03:45 PM

Direct Energy Presents at 10th Annual Platts Northeast Power & Gas Markets Conference, May-28-2015 03:45 PM. Venue: New York Marriott Downtown Hotel, 85 West Street at Albany Street, New York, NY 10006, United States. Speakers: Marji Philips, Director, RTO and Federal Services.

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