Ceased trading · September 2018

Stream Energy archive

Stream Energy ceased trading on 28 September 2018. Its customers were transferred to NRG Energy. This page is kept as a historical record.

Founded 2005 Dallas, TX 7 states served

Ceased trading · 28 September 2018

Stream Energy no longer serves US households

Stream Energy filed for Chapter 11 bankruptcy in March 2018. NRG Energy acquired Stream's retail electricity and natural-gas customer book for approximately $300 million; the sale was approved by the bankruptcy court on 28 September 2018. The MLM sales arm was carved out and rebranded as Kynect. Customers were transferred to NRG Energy. This page is kept as a historical record.

Founded

2005

Years in the US market

About

Who is Stream Energy?

Registered as Stream Gas & Electric, Ltd. (d/b/a Stream Energy), Stream Energy uses this legal name for state public-utility-commission filings and customer contracts. The trading name on bills is the shorter, more recognisable form.

The company is headquartered in Dallas, TX, where it runs senior management, customer operations and regulatory liaison with state commissions.

Stream Energy was founded in 2005. The supplier operated under retail-electric-provider licences until its closure, with billing and service history publicly documented.

Stream Energy is part of the NRG Energy (NYSE: NRG) — retail book only, 2018 acquisition group, which provides shared governance, financial backing and a broader pool of expertise in wholesale-market trading, hedging and regulatory work.

Service area

Where Stream Energy operates

Electricity

6 states

Natural gas

5 states

Service availability varies by zip code within each state. Eligibility depends on your local utility's deregulation status — check on Stream Energy's website with your zip code before enrolling.

Timeline

Stream Energy — key moments

2005

Stream Energy founded in Dallas, Texas by Rob Snyder and Pierre Koshakji, with multi-level marketing arm "Ignite" used as the primary customer-acquisition channel.
2010

Expanded out of Texas into deregulated Northeast and Mid-Atlantic electricity and gas markets, reaching a 6-electric / 5-gas state footprint.
2014

Faced regulatory scrutiny and class-action litigation alleging that Ignite operated as a pyramid scheme; Stream continued to grow on the back of MLM recruitment.
2018

Stream filed for Chapter 11 bankruptcy in March. NRG Energy agreed to buy the retail customer book for roughly $300 million; the sale received court approval on 28 September.
2019

The MLM operation, separated from the NRG transaction, rebranded as "Kynect" and continued selling energy and other services through independent associates; the original Stream Energy retail brand was retired.

Frequently asked

Stream Energy — answers to common questions

Existing customers were transferred to NRG Energy. Supply was never interrupted.

Your supply has not been interrupted. Log in to your new supplier's portal as soon as possible to set up your account, confirm payment details and download any final Stream Energy statements.