CSD Energy Advisors Expands National Footprint with Acquisition of New York-based Novo Energy Services

HOUSTON – Jan. 19, 2023 - CSD Energy Advisors, a Texas-based energy management solutions provider, announced today they have further expanded into the national retail energy market with the acquisition of New York-based Novo Energy Services, an energy consulting and advisory firm operating out of  New York City, Cape Cod, Maine and Houston, Texas. The acquisition solidifies CSD’s continued commitment to growth in the competitive energy space.

“We’re very excited about the addition to our organization and the continued growth of the team at CSD Energy Advisors,” said Andrew Barth, partner and co-founder of CSD Energy Advisors. “Novo is a trusted company, providing effective energy management solutions for their clients across the Northeast U.S. They have earned a reputation for delivering the same elite level of customer service that CSD provides, which is why this acquisition makes perfect sense for both companies. It also represents an opportunity to further establish CSD outside of Texas and continue to build market share across the country.”

Novo Energy Services was formed in July of 2018 to fill a void in the energy advisory industry. The company is renowned for its strong relationships and ability to provide advanced procurement sophistication and added value for both supplier and client. Novo Energy Services offers clients a holistic understanding of each supplier's sophisticated energy offerings. The company’s services include efficiency upgrades, strategic procurement, renewable development, onsite generation and demand reduction, and manages 1,400,000 MWh of electricity and 1,000,000,000 dekatherms of natural gas.

“We’ve come to know the CSD team over the last few years while working with them on projects across the country,” said Michael Giery, Managing Director of  Novo Energy Services. “Their deep understanding of the industry, dedication to quality customer service, and transparent energy management align perfectly with our commitment to bring sophistication and innovation to the energy advisory space. I’m confident our combined teams will offer our clients best-in-class procurement services.”

The acquisition was finalized in December 2022 and will not impact the rates or services for clients of CSD Energy Advisors or Novo Energy Services. CSD Energy Advisors acquired select large commercial and industrial clients from Incite Energy, LLC in 2018.

About CSD Energy Advisors
CSD Energy Advisors was founded in 2014 in Houston, Texas. CSD’s four managing partners have over 75 years of combined experience in both regulated and deregulated energy markets across the U.S. and internationally. CSD’s areas of expertise include electricity and natural gas procurement, wholesale trading, energy structuring, QSE Services, decarbonization strategies, tariff and financial modeling, infrastructure project management, and energy management software implementation. While maintaining a boutique-style approach, CSD Energy serves multiple Fortune 500 companies including three of Texas’s five largest industrial energy consumers. CSD aims for market transparency and leverages its presence and expertise to complement customers large or small.  For more information visit www.CSDEnergyAdvisors.com or call (832-754-4883)

CSD Energy Advisors Earns Coveted 2022-2023 Broker of the Year Award from The Energy Professionals Association

CSD Energy Advisors, a Texas-based provider of energy management solutions, was named the 2022-23 TEPA ABC of the Year during The Energy Professionals Association’s annual conference in Austin, Texas, on Thursday, November 10th. CSD Energy Advisors was among four Aggregator, Broker, Consultant (ABC) finalists that were voted on by members of TEPA’s Retail Energy Supplier (REP) membership. TEPA is one of the nation’s largest associations of companies doing business in the retail energy marketplace. This is the second time CSD Energy Advisors has earned the TEPA ABC of the Year award.

“It’s an incredible honor for our company to have been named the 2022-2023 TEPA ABC of the Year,” said Andrew Barth, partner and co-founder of CSD Energy Advisors. “This is a coveted award because it’s voted on by REPs who transact every day with countless energy brokers across the country. I'd like to thank our team for the work they've done over the last year. It’s an honor to be recognized twice in the last four years for the efforts we’re making to help our clients take full advantage of the products and services afforded to them through a competitive energy marketplace.”

The TEPA ABC of the Year Award recognizes the most promising and innovative TEPA ABC company in areas such as contract negotiations, ethical business practices and customer service. Since 2014, the award has been presented each year during the Association’s annual conference. CSD Energy Advisors first won the award in 2019.

“TEPA has played an important role in the development and direction of the retail energy community over the last 17 years,” added Barth. “Our team is proud to be associated with TEPA, its membership and the collective voice it uses to advocate on behalf of the clients we serve across the country.”

The Energy Professionals Association is the country’s leading non-profit organization dedicated to advancing competitive energy markets across the country. Its membership is made up of energy professionals including aggregators, brokers, consultants, retail energy suppliers and affiliated businesses that represent nearly 82 percent of all brokered power across the country

Texas-based CSD Energy Advisors Goes Green in 2021 with 100 Percent Renewable Energy Program

HOUSTON – Feb. 3, 2021 – CSD Energy Advisors, a Texas-based provider of energy management solutions, announced today their Houston office will operate on 100 percent renewable energy in 2021. The company successfully achieved its “green” initiative through Texas sourced wind Renewable Energy Credits (REC), which align with the company’s projected annual energy consumption. Roots Clean Energy customized the sustainable energy program that will reduce CSD’s Scope 2 emissions and provide them with zero emission electricity in 2021.

“We’re excited to announce that our company has taken the first steps to achieve our ESG goals by lowering our carbon footprint and acquiring 100 percent renewable wind power for our office in 2021,” said Andrew Barth, partner and co-founder of CSD Energy Advisors. “Working closely with Roots Clean Energy we tailored a multi-year program that will not only reduce our indirect emissions, but financially support renewable energy investments across Texas.”

Through certified Texas wind RECs, CSD Energy Advisors’ renewable energy program will reduce indirect emissions that would have resulted from electricity generation purchased from a retail electricity provider. The sustainability program moves the company forward with other industry leaders who are implementing solutions to reduce the environmental impact of their business operations.

“This is an exciting milestone for CSD Energy Advisors,” said Alex Sowyrda, president of Roots Clean Energy. “There’s a growing focus on climate change and providing green energy solutions for businesses across the country.  The declining costs of renewable energy combined with the ease of implementing scalable solutions is making renewable contracts more attractive for companies of all sizes. Purchasing wind RECs, as well as structuring physical power purchases and Power Purchase Agreements, are just a few ways we make meeting sustainability goals simple for our clients.”

Based on the renewable purchase, CSD is estimated to avoid 11.3 metric tons of CO2 emissions per year.  This is the equivalent to a reduction of 26.2 barrels of oil consumed or 3.8 tons of waste recycled instead of landfilled.

About CSD Energy Advisors
CSD Energy Advisors has over 75 years of combined experience in the retail energy market. Since 2012, our team has provided our clients with trusted leadership and energy procurement solutions that maximize their budgets. Based in Houston, our services extend across the country including, but not limited to Texas, Ohio, Illinois, Pennsylvania, New Jersey, Maryland, D.C., New York, Massachusetts and California. For more information visit www.CSDEnergyAdvisors.com or call (281) 415-0071.

CSD Energy Advisors LLC Named 2019-20 ABC of the Year by the Energy Professionals Association

From left, Andrew Barth, Partner and Co-Founder of CSD Energy Advisors, LLC, and Huston Able, National TEPA President. (Image sourced from energypages.com)

CSD Energy Advisors, LLC, a national energy management firm headquartered in Houston, has been named the 2019-20 Aggregator, Broker, Consultant (ABC) of the Year by The Energy Professionals Association (TEPA). Announced during the Association’s 14th annual conference in Austin, Texas, on Sept. 26th, the TEPA ABC of the Year is awarded to member companies that “demonstrate promising and innovative solutions in areas such as contract negotiations, ethical business practices and customer service.”

“TEPA has been instrumental in setting higher standards for companies that develop and implement energy solutions for clients across the country,” said Andrew Barth, partner, and co-founder, CSD Energy Advisors, LLC. “We’re honored to have been selected as this year’s TEPA ABC of the Year and believe it’s a testament to our team’s efforts to be a trusted energy procurement partner for our clients, while representing our commitment to uphold the integrity of the competitive energy landscape.”

Full article available at: https://energypages.com/csd-energy-advisors-llc-named-2019-20-abc-of-the-year-by-the-energy-professionals-association

CSD Energy Advisors Named National Award Winner By The Energy Professionals Association

CSD Energy Advisors was named as the TEPA Aggregator, Broker and Consultant (ABC) of the Year. The TEPA ABC of the Year recognizes the most promising and innovative TEPA ABC company in areas such as contract negotiations, ethical business practices and customer service…..

Full article available at: http://www.energychoicematters.com/stories/20191014ihlz.html

SOL VISTA Partners with CSD Energy Advisors for Energy Procurement Customer Support

SOL VISTA® announced they have partnered with CSD Energy Advisors, LLC to bolster energy procurement support for SOL VISTA’s Skywalk® subscribers, including diversified supplier bids, thorough opportunity analysis, and consistent post-deal support.

“We’re excited to work with SOL VISTA and believe our core services complement each other well. This is a relationship that should be beneficial for all our customers,” said Andrew Barth, CSD Energy Advisors Partner.…

“We have a longstanding relationship with the CSD team and are excited for the value their partnership will add for our Skywalk subscribers. Our customers will have a wider variety of energy supply choices available at lower costs, whether they have one building or a portfolio of properties,” said Shannon Sentman, SOL VISTA CEO & Co-Founder.…

Full article available at: http://www.prweb.com/releases/sol_vista_partners_with_csd_energy_advisors_for_energy_procurement_customer_support/prweb15990679.htm

The Ups and Downs of Power Costs

The cost of generating power has declined in recent years, but commercial property owners and managers may not be seeing that reflected in their bills, even with a boost from the tax cuts enacted by Congress late last year. 

Rates have gradually increased over the past 10 months after a decade of decreases, noted Andrew Barth, an energy broker and partner at CSD Energy Advisors in Houston. “But for the first time we are consistently seeing that the prices are moving back up …

Full article available at: https://www.cpexecutive.com/post/whats-ahead-for-electric-bills/

Incite Energy, LLC Sells Assets to Infinity Power Partners, LLC and CSD Energy Advisors, LLC

Incite Energy, LLC a Houston-based retail energy brokerage and management company, has entered into an agreement to transfer energy client assets to Houston-based companies, Infinity Power Partners, LLC and CSD Energy Advisors, LLC. 

Full article available at: https://www.einpresswire.com/article/462375163/incite-energy-llc-sells-assets-to-infinity-power-partners-llc-and-csd-energy-advisors-llc

Texas energy prices to spike this summer

According to the Houston Chronicle, Texas energy prices are expected to increase this summer due to the state shutting down three coal-fired power plants. CSD Energy Advisors' JD Schmidt stated that prices could go even higher if the grid experiences issues due to high demand.

Full article available at: https://www.houstonchronicle.com/business/article/Texas-summer-electricity-prices-expected-to-jump-12628755.php

Houston Chronicle features JD Schmidt of CSD Energy Advisors

The Houston Chronicle featured CSD Energy Advisors' JD Schmidt for a Q&A about creating effective energy management solutions for businesses to buy power on the retail and wholesale markets.

Full article available at: https://www.chron.com/business/article/Helping-companies-procure-solutions-to-their-12710280.php