California Residents to Benefit from Deregulation; Essential.com to Deliver Convenience and Savings Through New Online Energy and Communications Superstore.Business/Energy Editors BURLINGTON, Mass.--(BUSINESS WIRE)--Jan. 6, 2000 Essential.com, the Web's first Energy and Communications Superstore su·per·store n. A very large retail store that stocks highly diversified merchandise, such as groceries, toys, and camera equipment, or a wide variety of mechandise in a specific product line, such as computers or sporting goods. , today announced that it will be the first to offer California residents one-stop shopping for all "Essential Services," including Energy, Internet Access See how to access the Internet. , and Telecommunications Services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. from trusted brand names. The company will offer Electricity and Natural Gas, pending licensing from the California Public Utility Commission, and debuted its Telecommunications and Internet access offerings today. Essential.com initially premiered in Massachusetts, offering a convenient way to save on Essential Services. The company's move into California is part of a nationwide expansion, including telecommunications services and Internet access in 47 of the contiguous United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and energy offerings in key markets throughout the country as deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. and licensing permits. With this expansion, Essential.com is increasing its market reach to tens of millions of additional customers throughout the U.S. Akhil Garland Garland, city (1990 pop. 180,650), Dallas co., N Tex., a suburb of Dallas; inc. 1891. Since World War II, Garland has grown from an agricultural community into an important center for electronics research and for the production of electronic equipment. , Essential.com's Founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , commented, "Now that we have proven our business model, the company is ready to expand into California and other states." Mr. Garland added, "While there are vertical players emerging with limited service offerings, such as electricity only, Essential.com leads the market by providing a full complement of Essential Services. I believe that these companies will soon be forced to follow our business model and broaden their service offerings. Small businesses and consumers want convenience and savings. They don't want to shop at six different sites for each of their energy and telecom needs." Acting as an agent for small businesses and consumers, Essential.com's innovative business uses the Internet to aggregate customers and negotiate better rates on their behalf. Essential.com's unique offering delivers savings and simplifies the selection and management of Essential Services for modern, Web-enabled consumers. Customers can compare providers, services, and pricing plans, and make informed decisions. A single convenient, consolidated bill, which can be reviewed and paid on-line, offers usage analysis in a variety of meaningful formats. About Essential.com Essential.com, Inc. is the Web's first Energy and Communications Superstore. The company offers one-stop shopping for all the Essential Services needed to run a home or business. Essential.com's on-line Superstore offers a wide selection of branded Essential Services including Electricity, Internet Access, Local, Long Distance, and Wireless. Essential.com is a privately held, venture-backed e-commerce company based in Burlington, Massachusetts Burlington is a town in Middlesex County, Massachusetts, United States. The population was 22,876 at the 2000 census. History Burlington was first settled in 1641 and was officially incorporated on February 28, 1799. and is on the Internet at http://www.essential.com. |
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