Just Energy
Just Energy Group Inc. (formerly Just Energy Income Fund and previously to that Energy Savings Income Fund) is a Canadian-based natural gas and electricity retailer operating in Canadian and American markets across North America and in the United Kingdom.
Operations
Just Energy is a publicly traded company (TSX:JE, NYSE:JE) and serves 4.5 million customers collectively under its affiliate companies Just Energy, Hudson Energy, Commerce Energy, Tara Energy, Amigo Energy, National Home Services, Momentis, Hudson Energy Solar, Green Star Energy, and Terra Grain Fuels. The company was listed and began trading on the New York Stock Exchange on January 30, 2012 (NYSE:JE) and entered the European commercial energy market in July 2012 under its Hudson Energy UK brand. In October 2013, the company expanded into the UK residential market under the Green Star Energy brand.
Just Energy's business involves the sale of natural gas and/or electricity supply to residential and commercial customers under long term fixed price, price-protected or variable-priced contracts and green energy products.
The company derives its margin or gross profit from the difference between the price at which it is able to sell the commodities to its customers and the related price at which it purchases the associated volumes from its suppliers.