Profile - NewPower Holdings, Inc. Through its subsidiary, The New Power Company, NewPower Holdings will offer consumers in restructured retail energy markets competitive energy prices, flexible payment and pricing choices, improved customer service, and other innovative products, services and incentives. NewPower Holdings was formed by Enron Corp., the largest trader and marketer of electricity and natural gas in North America, to target the rapidly restructuring residential and small commercial markets for these products. Revenues reflect growth in customer portfolios.
Higher loss reflects increased cost of energy and the addition of staff and infrastructure.
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