Liberty Power News
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Feb 12, 2007
Florida firm ignored rates in giving B–
While many consumers, state legislators and government officials would probably give the state´s deregulated electricity market an F, a company that hopes to sell electricity in Connecticut gives the state´s market a B–minus.
Delaware News Journal
Feb 10, 2007
A power company says deregulation has been good for small businesses in Delaware. Liberty Power, based in Florida, ranked the 20 states that have deregulated their energy industry.
Delaware enacted deregulation in 1999 and removed price caps last year, leading to price increases for businesses of between 47 percent and 68 percent. The report card did not address price increases, instead, it focused on the ability of small businesses to choose their power supplier.
Small Steps Can Result in Large Savings
FORT LAUDERDALE – December, 2006 – Liberty Power, dedicated to providing low–cost electricity to the business community, offers some simple strategic tips to help businesses save money on electricity costs during the holiday season. For small and medium sized businesses, energy costs often amount to the equivalent of 50 percent of what they pay in rent. During the holiday season, many businesses work extended hours, leading to even higher energy expenses.
David Hernandez to Share Insights on Growth and Success as Hispanic Business Leader
FORT LAUDERDALE – November 9, 2006 – Liberty Power, the first and only national, minority–owned retail power provider, today announced that CEO David Hernandez, winner of the 2005 Hispanic Business magazine Entrepreneur of the Year award, will participate in the 2006 event by moderating “Dream it – Be it,” a panel of this year’s 15 CEO finalists for the 2006 award. Hernandez will lead the panel in a discussion around the challenges faced by new businesses in locating start–up capital, managing financial resources, and navigating successful growth.
Liberty Power: Liberty Power CEO David Hernandez Named “Businessman of the Year” for Region VI by United States Hispanic Chamber of Commerce
US Hispanic Chamber of Commerce
Sep 21, 2006
Liberty Power One of Fastest Growing Electricity Providers in US
FORT LAUDERDALE – September 21, 2006 – Liberty Power, the first and only national, minority–owned retail power provider, today announced that CEO David Hernandez has been named “Businessman of the Year” for the southeast region of the United States by the U.S. Hispanic Chamber of Commerce (USHCC). Hernandez received the award this morning at a breakfast at the 27th Annual USHCC National Convention in Philadelphia. Hernandez is also one of six finalists for the distinction of National Hispanic Businessman of the Year, which will be announced at an awards ceremony at the convention on Saturday evening, September 23.
Liberty Power: National Hispanic Professional Organization (NHPO) gives Liberty Power CEO David Hernandez its Annual “National Hispanic Entrepreneur of the Year Award”
Houston – On September 7, 2006 – Before a gathering of over 300 Hispanic business and civic leaders at The Magic Island restaurant in Houston, the National Hispanic Professional Organization awarded Liberty Power CEO and Co–Founder David Hernandez its Annual National Hispanic Entrepreneur of the Year award.
The National Hispanic Entrepreneur of the Year award is given to Hispanic professionals who have “met challenges with success and who have made a difference in the Hispanic business community,” said Ben Mendez, President of the NHPO. “We chose to honor David because of his great success in such a short time. After being laid off from Enron, he and his partners built a company that surpassed $100 million in revenue in 2005 after just four years of operations. Furthermore, by establishing the Liberty Power Foundation, David has proven that he has not forgotten his Hispanic roots,” said Mendez.
Manhattan, the vigorous commercial and entertainment center of New York, saw Liberty Power Corp emerge five years ago as a new energy supplier. This company was created by David Hernandez and two associates to confront the giants of the electric power market.
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En Manhattan, el vigoroso centro comercial y de entretenimiento de Nueva York, comenzo a emerger hace cinco anos Liberty Power Corp. como “una firma de corretaje” delineada por David Hernandez y dos socios para medirse con los gigantes del mercado electrico.
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“You can’t have entrepreneurship without competition, and you can’t have competition without information”.
– David Hernandez, Liberty Power CEO and 2005 Hispanic Entrepreneur of the Year award winner.
David Hernandez, Liberty Power CEO and Co–founder participated in a panel discussion “Are Hispanics Natural Born Entrepreneurs?” at the annual National Association of Hispanic Journalists (NAHJ), in Ft. Lauderdale, Florida on June 16, 2006. The panel focused on the booming growth of Hispanic businesses and the entrepreneurs fueling that growth. Hernandez, who started Liberty Power from his living room after separating from Enron in 2001, has taken the company from four employees and less than $800,000 in revenue, to 36 employees and $102 million in revenue in 2005. He was named Hispanic Business Magazine’s Hispanic Entrepreneur of the Year Award for 2005.