Summer Energy
- Company typePublic
- Founded2011
- HeadquartersHouston, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Summer Energy does
Summer Energy Holdings is a Houston, Texas-based retail electricity provider (REP) founded in 2011 and publicly traded on the OTCQB market under the ticker SUME. The company purchases wholesale electricity and resells it to retail customers across both commercial and residential segments, operating in five deregulated U.S. states: Texas, Massachusetts, New Hampshire, Ohio, and Illinois. Headcount is reported in the 51–100 range, consistent with a small-cap multi-state REP whose primary assets are state operating licenses and customer contracts rather than proprietary technology.
The company's revenue grew from approximately $81M in 2015 to $166M in 2019, but operating profitability deteriorated sharply over the same window: EBITDA moved from a positive ~$4M to negative ~$6.2M, and net income turned negative. The business model is the standard REP model — buying power at wholesale and selling at retail margins under fixed or variable-rate contracts in deregulated markets, with go-to-market via direct sales and brokers — and carries no disclosed technology moat or proprietary platform. The corporate website (summerenergy.com) is currently parked on GoDaddy, which is a material going-concern signal suggesting operational wind-down, asset disposition, or failure to maintain basic digital infrastructure.
Summer Energy firmographics
Firmographics- Name
- Summer Energy
- Legal name
- Summer Energy Holdings
- Website
- https://summerenergy.com
- Company type
- Public
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Summer Energy industry classification
Industry- Product category
- Retail Electricity Supply
- NAICS
- Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)
Keywords
Where Summer Energy is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Markets served
Summer Energy business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Summer Energy product offering
Product offeringCore offering
Summer Energy is a retail electricity provider that supplies electricity to commercial and residential customers in deregulated energy markets. The company operates across five U.S. states (Texas, Massachusetts, New Hampshire, Ohio, and Illinois) under the legal entity Summer Energy Holdings, purchasing and reselling electricity directly to end users.
Product overview
Summer Energy operates as a retail electric provider serving commercial and residential customers in Texas, Massachusetts, New Hampshire, Ohio, and Illinois. The company provides electricity supply services to these markets, though no specific named product offerings or detailed product portfolio information is available in the provided source data.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Electricity Supply Retail electricity supply service for business customers purchasing electricity through the retail electric provider model in deregulated markets.
- Residential Electricity Supply Retail electricity supply service for individual residential customers purchasing electricity through the retail electric provider model in deregulated markets.
Companies that use Summer Energy
Customer profileSegments2 records
Ideal customer profiles2 records
Summer Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Summer Energy partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights2 records
Summer Energy competitors and assessment
Company assessmentBroad incumbents
- TXU Energy: One of the largest retail electricity providers in Texas, owned by Vistra Corp. Directly comparable to Summer Energy as a REP selling electricity to residential and commercial customers in the same deregulated Texas market.
- Vistra Corp: Vertically integrated retail electricity provider (TXU, Dynegy, Ambit brands) and largest REP in Texas. Comparable as a retail electricity competitor in Summer Energy's primary market.
- NRG Energy: Major US retail electricity and natural gas provider (Reliant, Green Mountain, Stream Energy brands). Directly competes with Summer Energy in Texas residential and commercial electricity supply.
- Reliant Energy: Major NRG-owned retail electricity provider serving Texas and other deregulated markets. Directly comparable business model and customer segments to Summer Energy, but at vastly greater scale.
- Shell Energy: Shell-owned retail electricity provider serving commercial and industrial customers in deregulated US markets. Comparable as a competitive electricity supplier with multi-state operations.
- Constellation Energy: Major competitive retail electricity supplier in deregulated US markets. Comparable as a large-scale REP serving commercial and residential customers in overlapping geographies.
- ENGIE Resources: Retail electricity and natural gas supplier serving commercial, industrial, and institutional customers across multiple US deregulated markets. Comparable REP business model and customer base.
- EDF Energy Services: Retail electricity provider serving commercial and industrial customers in deregulated US markets including Texas. Comparable as a competitive retail electricity supplier in overlapping geographies.
Direct peers
- Direct Energy: Retail electricity and natural gas provider operating across multiple US deregulated states including Texas and the Northeast. Directly comparable as a multi-state REP serving residential and commercial customers.
- Just Energy: Retail electricity and natural gas provider serving residential and commercial customers across multiple US states and Canada. Comparable multi-state retail energy supplier model.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights4 records
Customer concentration
Summer Energy social profiles
Digital presenceSummer Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Summer Energy leadership team
Management profileNumber of profiles
Profiles1 record
Summer Energy funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Summer Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Summer Energy
What does Summer Energy do?
Summer Energy is a retail electricity provider that supplies electricity to commercial and residential customers in deregulated energy markets. The company operates across five U.S. states (Texas, Massachusetts, New Hampshire, Ohio, and Illinois) under the legal entity Summer Energy Holdings, purchasing and reselling electricity directly to end users.
Is Summer Energy a public or private company?
Summer Energy is a public company. It is classified as public and is currently operating.
When was Summer Energy founded?
Summer Energy was founded in 2011. It employs 51 to 100 people.
Where is Summer Energy based?
Summer Energy is headquartered in Houston, United States, in the North America region.
Who are Summer Energy's main competitors?
Broad incumbents on record are TXU Energy, Vistra Corp, NRG Energy, Reliant Energy, Shell Energy, Constellation Energy, ENGIE Resources and EDF Energy Services. Direct peers are Direct Energy and Just Energy.
Does Summer Energy have an API?
No public API is recorded for Summer Energy.
What industry is Summer Energy in?
Summer Energy's product category is Retail Electricity Supply. Its primary akta.pro industry code is EUAGABAI, Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR). Its NAICS code is 2211 and its SIC code is 4911.