Customized Energy Solutions
Provides market intelligence and operational support for energy market participants.
Company facts
- Founded
- 1998
- Employees
- 350
- Headquarters
- United States
- CEO
- Stephen Fernands
- Type
- Private
- Funding
- Debt Financing · 2020
- Subsidiaries
- Galt Power, Customized Energy Solutions India, CES Japan, CES Vietnam
About
The journey of Customized Energy Solutions (CES) began in 1998, born from a pivotal moment in the American energy landscape. With the deregulation of electricity markets, a new and complex world of opportunity and challenge emerged. It was in this environment that founder Stephen Fernands, after a unique path that took him from an ROTC scholarship to the Moody Bible Institute and eventually to a temporary role at Peco, saw a pressing need. He recognized that many participants in this new, competitive market required expert guidance to navigate the intricate rules and seize the opportunities that were unfolding. What started as a one-person consultancy from this entrepreneurial vision has since blossomed into a global force for innovation in the energy sector. From its headquarters in Philadelphia, CES embarked on a mission to foster transparent, efficient, and non-discriminatory energy markets. This mission propelled the company's growth from a solo venture to a team of over 350 professionals spread across offices in the United States, India, Japan, and Canada. Over the decades, CES has expanded its services far beyond initial consulting. The company has become a trusted partner for hundreds of clients, offering a suite of sophisticated software solutions and operational support services. It has established itself as a leader in managing the complexities of both wholesale and retail electricity and natural gas markets. A key part of its evolution has been a deep dive into emerging technologies, pioneering solutions in energy storage, demand response, and renewable energy integration. This forward-thinking approach, which includes an R&D laboratory in India, ensures that CES and its clients stay at the forefront of the energy transition, turning the challenges of today into the sustainable solutions of tomorrow.