STAT Energy is Standing Out From the Competition
STAT Energy is Electricity Savings
STAT Energy is Superior Customer Service
STAT Energy is Local to Texas
With offices in Dallas County, STAT Energy is a, Texas based, certified Retail Electricity Provider, in ERCOT (PUCT 10202), focused on delivering electricity plans, at a low fixed rate with no gimmicks or hidden fees, for homes and businesses in Oncor's Service Area. We are proud to bring a highly experienced team dedicated to providing our customers with a unique boutique-like relationship to assist in the risk management and procurement of your energy needs. In addition to STAT Energy's ability to offer our customers extremely competitive pricing and informed consulting, we feel our team's aggressive pricing ability, extensive wholesale expertise, and diversified revenue gives us an advantage over our competition.
STAT Energy's prime focus is to procure the best possible prices for our customer's electricity needs. Furthermore, with over 50 collective years of experience in trading, marketing, and risk management of energy derivatives, the STAT Energy team have a deep understanding of the volatile energy markets and the expertise to help clients make the most informed and prudent decisions regarding the procurement of their energy needs.
STAT Energy can provide clients with a wide range of services including, but not limited to, expert fundamental and technical analysis on energy prices, thorough risk evaluations on energy portfolios, valuations of plain vanilla and exotic derivative structures, and recommendations of structured finance and other products to help develop a tailor-made hedging program.
We have an advantage over the competition with our aggressive pricing ability, extensive wholesale expertise and diversified revenue providing our customers with extremely competitive pricing coupled with informed consulting. We pride ourselves on having a unique, personal relationship with our customers that only an experienced boutique firm can provide.
STAT Energy became a PUCT member to offer customers innovative and reliable energy management and power purchasing strategies. At STAT Energy, we aggregate information from our vast exchange network and overlay quantitative data sets. Our electronic trading technology allows us to capture theoretical pricing discrepancies across exchanges, products, and markets.
STAT Energy is also affiliated with MC² Energy Services, an Alternative Retail Energy Supplier, in Illinois. MC² has a local experienced team that helps Illinois businesses manage their risk by providing them with competitive electric supply products and services. MC², through its full service wholesale trading partner, STAT Energy, is uniquely positioned to offer customers innovative and reliable energy management and power purchasing strategies.
With success on both the wholesale trading and the retail side, STAT Energy sought out other markets to leverage its Wholesale trading expertise, in the retail markets, and refocused its energies in ERCOT, starting a new Retail Energy Provider in 2011.
Our management team, with a combined experience of over 50 years in the commodity trading and risk management space, consists of Rob Kristufek, Chad Starnes, and Andy Soyring. We have been involved in trading and consulting in ERCOT wholesale market for over 15 years. Additionally, our team was responsible for all the wholesale procurement and risk management of STAT's Retail joint venture with MC² Energy in Illinois.
Rob Kristufek is responsible for wholesale trading and business development for STAT Energy. Kristufek previously worked as a trader and manager at several energy trading firms including Quiet Light Trading LLC, TXU Energy, Hafslund Energy, Avista Energy, and El Paso Energy Trading. He has been a market maker and/or speculator in many OTC and exchange traded energy products including: Electricity forwards and options in WSCC, PJM, ERCOT, MISO, and Entergy; Natural Gas forwards and options in NYMEX, Houston Ship Channel, Rockies, Transco Zone 6, Chicago, Sumas, Aeco, San Juan; Crude Oil and Products forwards and options in NYMEX WTI, ICE Brent Crude, DME Sour Crude and TMX Western Canada Sour Crude; Emission Credits on the CCX and Weather Derivatives. Rob also was self-employed on the CME, CBOT, CSCE, COMEX and the NYMEX where he was a local options market maker in Natural Gas and Crude Oil.
He is a former GLG Leader member (top %5 of consultants in 4 areas of expertise including Commodity Trading and Natural Gas) for Council of Energy Advisors New York, NY. He was an Instructor for an Energy Derivatives Course at Rice University Graduate School of Management. He was the keynote speaker for the introduction of Electricity Option Trading at 1999 Nord Pool Market-Forum in Helsinki, Finland. He has consulted over 50 Investment and Trading Firms including Avenue Capital, Bain Capital, Capital Group Research, Canyon Capital Advisors, Citadel Investment Group, Fidelity Investments, Goldman Sachs, Janus Capital, and UBS Global Asset Management. He received a B.A. degree in Applied Mathematics from Harvard University.
Chad Starnes is responsible for developing and implementing electricity trading strategies in the all deregulated energy markets for STAT Energy. He has experience in managing Retail Energy Portfolios, Speculative Short and Long term Energy trading, risk management of Energy Derivatives, E-Market (Virtual Bidding), Financial Transmission Right (FTR) strategies, regulatory affairs, and power plant strategies in PJM, MISO, NEPOOL, New York and Electric Reliability Council of Texas. He is an active electronic trader on several Energy platforms including CME, ICE, DME, and Energy Match as well as trading OTC Brokered Products. He is also a market maker for the Chicago Climate Exchange, mainly focusing on trading their SFI and RGGI Contracts.
Prior to joining STAT, Chad worked in the ERCOT market for Gulf States Energy and TXU Energy Trading in Dallas, TX. At TXU, Chad was responsible for managing the Physical Operations of all TXU's Northeast Power Plants and the 24Hr Trading Team. In addition to plant management, Chad and also brought electricity to/from ERCOT to help maximize the value of TXU’s fleet of 20,000MW of generation.
Before moving to Dallas, Chad worked for several Energy companies in Houston including Valero, PG&E, Avista, and Enron. It was at these companies where he learned to trade physical power in every wholesale market in the country. Chad has traded physical power in ERCOT, MAPP, WSCC, MAAC, SPP, SERC, NYISO, NEPOOL, and some parts of Canada. It was from this experience that Chad gained an understanding of how utilities priced the power they were selling both to their customers and in the wholesale market. Chad has spent many years studying the Northeast Markets which have since become the Standard Market Design for Power Markets gaining extensive knowledge of the workings of Zonal and Nodal Markets. He has a BBA degree in Finance from University of Texas at Austin.
Andy Soyring is responsible for research and analytics in support of trade development as well as risk management of ongoing trading operations in STAT Energy. He has extensive experience as a trader and analyst in PJM, The Midwest ISO and Electric Reliability Council of Texas in the virtual and FTR markets. Additionally, he oversees daily market quotations for the forward power markets and risk management within the group for retail electricity portfolios. Mr. Soyring has primary responsibility within the group for trade development, execution and risk management in the virtual and FTR markets and has extensive trading experience in PJM, MISO and ERCOT.
Mr. Soyring has a strong background in financial engineering, statistics and mathematics. Mr. Soyring worked as a trader, quantitative analyst and asset manager in the equity and fixed income markets prior to joining the group. Mr. Soyring holds degrees in Mathematics from Princeton University and The University of Chicago.