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Liberty Power Continues to Demonstrate Strong Sales Growth
FORT LAUDERDALE, FL – June 24, 2009 – Liberty Power, one of the fastest–growing retail electric providers in the United States, today announced that it now ranks 88th overall on the 2009 Florida “Top 200 Private Companies” list issued by Florida Trend. First introduced in 1983, the annual list ranks companies based on the previous year–end revenues. Liberty Power broke into the top 100 for the first time this year, moving up 47 spots from last year’s ranking of 135th. This marks one of the most significant upward movements among the ranked companies, as Liberty Power was one of only four companies listed that had year-end revenue growth exceeding 50%.
Additionally, the South Florida Business Journal recently released its 2009 list of the “Largest Private Companies” in South Florida. Liberty Power now ranks #28, moving up 32 spots from last year’s ranking; the largest jump in the rankings for any company appearing on last year’s list. As one of only five companies in the top 50 founded after the year 2000, Liberty Power is also one of the youngest enterprises recognized this year.
The significant increase in Liberty Power´s placement on both lists was a result of revenues increasing by more than 55% from the previous reporting year. The company has grown consistently every year it has been in operation, with year–over–year revenue growth averaging over 250% for the past six completed fiscal years.
“Liberty Power is honored to be recognized among the top private companies in Florida on these distinguished lists. We appreciate the trust that more and more customers place in us every day and view our growth as a result of that trust,” said David Hernandez, CEO of Liberty Power. “By actively listening to our customers, we have been able to continuously expand the number of products and the quality of services we offer. We are committed to being the leading provider of low–cost, reliable electricity while providing an unparalleled level of customer service.”
Headquartered in Fort Lauderdale, Florida, Liberty Power is one of only four national retail electric providers licensed in 16 or more states and is the only minority–owned, retail electric provider with a national presence. Currently serving tens of thousands of customers in New York, Texas, Maryland, New Jersey, Maine, Massachusetts, Connecticut, Illinois, Delaware, Rhode Island, and Washington, D.C., Liberty Power provides businesses, government entities, and residential customers with low–cost, reliable electricity and outstanding customer service. National customers include JCPenney, Bausch & Lomb, and New York Life.
Liberty Power is a registered trademark of Liberty Power Corp. LLC. Liberty Power Corp. – encompassing Liberty Power Holdings LLC, Liberty Power Maryland LLC, Liberty Power District of Columbia LLC, and LPT LLC dba LPT SP LLC – is certified and licensed by the Public Utilities/Service Commissions of: CA, CT, DC, DE, IL, ME, MD (IR793), MA (CS-057) MI, NJ (ESL-0001), NY, OH, PA, RI, TX (10118) and VA; and is licensed and certified by the Federal Energy Regulatory Commission.
Liberty Power® is a registered trademark of Liberty Power Corp. LLC