• 1999

Company Description

EnergyGateway.com a fast-developing startup revolutionizing use of the Internet to streamline the process of buying and selling energy.

EnergyGateway.com, headquartered in Columbus, Ohio, is harnessing the power and speed of the Internet to create a new global marketplace for energy goods and services: a marketplace providing buyers and sellers with reduced costs, simplified transactions, and expanded intelligence about available energy sources and options. The EnergyGateway.com system went live online in mid-September of 1999. After just six months, more than $200 million in transactions had been committed to it by leading companies such as Procter & Gamble, PPG Industries, and International Paper. The system, a highly customizable Internet-based e-commerce transaction platform, includes four “Energy Marketplaces” -- natural gas, electricity, commercial energy savings and residential energy savings. Each marketplace operates as a hub community of buyers and sellers, allowing both to transact more efficiently and effectively. EnergyGateway.com can also provide large customers with a licensed version of their software platforms for utilization in their own e-commerce initiatives.