Major Energy Electric Services LLC

About Major Energy Electric Services LLC

Major Energy Electric Services LLC is a retail electricity and natural gas supplier founded in 2005 and headquartered in Orangeburg, New York. The company serves residential and commercial customers in deregulated markets across nine states and Washington D.C. It operates as a brand under Via Renewables, Inc., which was formerly Spark Energy, Inc. and went private in June 2024.

Ownership timeline

Documented corporate events. Each entry links to a primary source.

1. February 2, 2016
   National Gas & Electric, LLC (NG&E), an affiliate of Spark Energy, Inc., announced agreements to acquire Major Energy along with other retail energy companies representing over 500,000 combined residential customer equivalents. [source]
2. August 23, 2016
   Spark Energy, Inc. announced the closing of its direct acquisition of the Major Energy Companies, transferring ownership from its affiliate NG&E to Spark Energy itself for approximately $80 million. [source]
3. August 6, 2021
   Spark Energy, Inc. shareholders approved a name change to Via Renewables, Inc. The company's Class A common stock began trading on Nasdaq under ticker 'VIA' on August 10, 2021. Major Energy continued operating as a brand within Via Renewables. [source]
4. June 13, 2024
   Via Renewables, Inc. completed its go-private merger with Retailco, LLC (controlled by CEO William Keith Maxwell III through TxEx Energy Investments, LLC) at $11.00 per share. The company was delisted from Nasdaq and became privately held. [source]

Track record

Documented regulatory actions, litigation outcomes, and major corporate events. Each entry is sourced. Pending matters and unresolved allegations are not listed.

• regulatory
  August 19, 2019

  Illinois Attorney General Kwame Raoul announced finalized settlements totaling more than $3.1 million combined with Major Energy Electric Services LLC, Eligo Energy IL LLC, and Realgy LLC, requiring restitution to more than 35,000 Illinois customers deceived by deceptive marketing and unauthorized enrollment practices. [source]

• regulatory
  December 2022

  New York Attorney General Letitia James secured a finalized Assurance of Discontinuance requiring Major Energy Services LLC and Major Energy Electric Services LLC to pay $1,500,000 in restitution to New York consumers, resolving a January 2022 lawsuit alleging deceptive door-to-door and telemarketing sales practices including false claims of utility affiliation, unauthorized enrollment, and unlawful early termination fees. [source]

Rate history

Major Energy Electric Services LLC's lowest fixed and variable rates over time, broken out by territory.