The company was granted a license to serve commercial, industrial and governmental customers in January 2007 and received approval to serve deregulated residential electricity markets in Illinois in May 2010.

Upon Champion Energy’s market entry, consumers will have access to its standard and 100% renewable electricity plans with a 12-month contract term, both of which provide price security for one year, the company said.

Champion Energy president and CEO Scott Fordham said that the company’s move into Illinois’ ComEd residential market is strategically similar to its April 2010 move into Pennsylvania’s PPL residential market, with a focus on transparency and education, backed by exceptional rates and customer care.

Champion Energy currently serves residential, commercial and industrial customers in deregulated electric energy markets in Texas, Illinois, Pennsylvania and Ohio, and is slated to enter the New Jersey market in the fourth quarter of 2010.