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MBEConnect Profiles Magazine

June 17, 2011

Promet Energy

Forethought, Leadership, Performance, Commitment.

About Us

Promet Energy supplies natural gas to local distribution companies and electricity and natural gas to large industrial businesses. Our mission is to serve as the leading niche marketer of energy supply and services by meeting the highest performance standards while improving customer purchasing diversity.

A minority-owned firm, Promet Energy provides natural gas and electricity at competitive prices and works in partnership with leading energy companies to provide electricity to industrial consumers in deregulated states. We also specialize energy consulting services to improve procurement and risk management.

Forethought

At present, major LCDs and large industrial customers are comparatively under-served by qualified minority-owned companies. Founded by highly accomplished energy company veterans, Promet Energy focuses on understanding and satisfying customer needs. Promet Energy uses its deep knowledge of energy markets and corporate procurement best practices to provide competitively priced and reliable energy.

Our name, Promet Energy, comes from Greek mythology and signifies our approach to serving customers. The name Prometheus means “forethought.” Prometheus was the wisest Titan who took the “gift of fire” and shared it with humankind.

Leadership

Our business approach results in trustworthy personal  service that meets our customer’s needs. To assure smooth and successful transactions, our leadership team is personally involved in serving customers during every step of the process.

Performance

Promet Energy transactions are tailored to the requirements of our customers. We focus on understanding their energy purchasing requirements, plans and procedures, and work to fit precisely into the role desired by our customers.

We carefully study and understand sources of supply that may meet customer needs. Promet Energy uses industry standard contracts and deals with highly regarded, reliable gas and electricity producers.

Commitment

Promet Energy is committed to making a positive contribution to the communities it serves and to being a good corporate citizen in all its actions. We strongly believe that part of growing a healthy business is being socially responsible. It is good for business, for the community and for the economy. Promet Energy has committed to donating 5 percent of net profits to charitable organizations, primarily in the area of education.

Business Statistics

Why Promet Energy?

  • Capacity to supply on a regional and national basis
  • Marketer and not a Broker with over $80 million in sales
  • Over 50 years of industry experience
  • Certified MBE, Promet Energy is a member of National
  • Minority Supplier Development Council
  • Awarded the 2007 Regional Minority Supplier/Distributor of the year by the U.S. Dept. of Commerce
  • Recipient of the National Association of Regulatory Utility Commissioners 2009 “UMAP” Leadership Award for reliable energy supply.

Partnering

One of Daimler Chrysler’s major steel suppliers, Mittal Steel, has come up with a unique way of minority sourcing: to partner with a minority-owned supplier of natural gas and electricity, Promet Energy Partners LLC. Promet has been able to provide natural gas to Mittal Steel at a competitive price as compared with many of the major producers. Mittal Steel has gone further than just sourcing business to Promet- they are a mentor and advocate to help Promet grow.

By assisting Promet with business growth, Mittal Steel will be helping Promet to remain financially stable and competitive. With Promet planning to be in business for the long haul, that Mittal will be able to continue to meet or exceed their minority sourcing objectives.

U.S. Cellular

Promet Energy’s Profile is sponsored by U.S. Cellular. U.S. Cellular has been a great partner exposing and introducing Promet Energy to other valuable corporations. This partnership between U.S. Cellular and Promet Energy is an example of collaborations that represents supplier diversity.

 

Presentation (PDF)

Capabilities (PDF)

Weblink

 


Contact:
One E. Delaware
Chicago, IL 60611
312-202-9303
prometenergy.com






 
 

 
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