Electric Power Retail Business
ITOCHU ENEX CO., LTD. submitted the Specified-Scale Electricity Business Launch Application in July 2010 and started the electric power retail business in October 2010.
In March 2011, ITOCHU ENEX CO., LTD. obtained a 100% share of ENEX Electric Power Co., Ltd. (formerly JEN Holdings Co., Ltd.) and entered the electric heat supply business. Moving forward, we will continue to strengthen our electric power retail business by using green electricity together with the power equipment maintenance and management technologies of ENEX Electric Power Co., Ltd.
ITOCHU ENEX CO., LTD. will continue to pursue initiatives for the electric power retail business to deliver the best mix of energy as a proposal-making company with a comprehensive range of energy options.
Deregulation of electric power has enabled us to purchase inexpensive electric power from companies other than conventional electric power companies. Simply by switching the contracts with electric power companies, we will achieve cost reduction of the electricity that you use.
Selling electric power as an electric power retailer in 2010, ITOCHU ENEX CO., LTD. is currently helping more than 2,000 offices reduce their electricity charges in the wake of the deregulation of electric power.
The electricity we provide is delivered using the power grids of the electric power companies. If a power failure were to occur at our electric power plant, the electric power companies would compensate for the shortfall. Therefore, a customer's buildings will never experience a power failure. Purchase electricity with the same reliability and quality as in the past.