STREAM ENERGY MLM COMPANY
“Power Your Lifestyle”
Stream Energy MLM was founded in 2005 by Rob Snyder & Pierre Koshakji. The company’s first headquarters was in the United States of America. Stream initiated its service in 2005, and chose Multi-Level Marketing as their primary marketing channel. They have been committed to providing electricity and natural gas services to the residential and business-based customers across the country. The Stream Energy MLM trades legit products and offers good services to their consumers. Apart from that, they also provide a fair payment to their member’s efforts.
Today, Stream Energy proudly provides energy services over seven states, including Texas, Georgia, Pennsylvania, New Jersey, Illinois, Delaware, and Ohio. Before we go into more deep about the topic, let me do a short briefing about Multi-Level Marketing for the people who don’t know about MLM.
WHAT IS MULTI-LEVEL MARKETING?
Multi-Level Marketing (MLM) is a structured business marketing method. Here, the people who joins under someone will become their ‘downline’. Multi-Level Marketing is also popular in the name of ‘Network Marketing’. Although it’s a simple business method, many people consider the MLM business as an illegal Pyramid Scheme. Pyramid Scheme is an unlawful business model that convinces and forces their existing members to enrol more new members as possible.
The Network Marketing and Pyramid Scheme are different business schemes. In Pyramid Scheme, the members are more focused on hiring people instead of selling products and earning profit. But in Multi-Level Marketing, the more products you sell, the more commission you will earn. As now you have understood about Multi-Level Marketing, let’s dive into details of the Stream Multi-Level Marketing company.
Related: Network Marketing Software
HISTORY OF STREAM ENERGY MLM
Stream Energy MLM is a subsidiary of NRG Energy Inc. NRG Energy is an American-based electricity retail company headquartered in Houston, Texas. Since 2005, Stream Energy has provided Electrical Energy & Gas Services to both their homely and business customers. The company expanded their business to Georgia in 2008, and it started marketing electricity and natural gas services in Washington, D.C as well. In 2015, Stream began to offer Mobile Phone Services called ‘Stream Wireless’. Stream Wireless offers high-speed connection, affordable plans with no contract service, excellent coverage, and competitive rates.
The Stream will remain as a part of the MLM Business to create more new products, services and sub-brands to the market. The company also offer affordable plans that make marketing much more accessible, including their EZ Start and EZ Pay programs. Stream Energy has been honoured to serve in the retail electricity space for more than 15 years and looking forward to many more.
POPULAR SERVICES PROVIDED BY STREAM
If you’re looking forward to joining an MLM, it’s essential to know about their products. This way, you can increase the rate of earning potential. Stream Energy markets energy and gas and a few other services to household purposes and all scale businesses. The Stream Energy MLM company divides their offering services into three areas:
- Electricity: A package to power our homes and business ventures with electricity.
- Gas Service: Provides natural gas for cooking needs and fuel for automobiles.
- Solar Energy: A package that provides renewable energy in the form of solar power.
Since we have discussed the popular services by Stream Energy, let’s look into the popular plans provided by Stream Energy.
HOW PEOPLE MAKE MONEY FROM STREAM
Like any other business, MLM has its own risk. After all, the earning potential depends on the member’s hard work. The members/ distributors who make a decent income from Direct Selling Business are very good at sales, and they show total commitment to their work as full-time jobs. The new Budget Power Plan is likely to be a favourite. To become a Stream representative, the member must first join the Stream Ignite MLM branch. There’s a one-time enrollment fee of 199 USD. Stream also provides marketing tools, home office support and training to the members to run your business.
In Direct Selling, existing members recruit new members below them, referred to as ‘Downline’. The person at the top (Sponsor) receives a percentage of the sales generated by people on their downline network. In the case of Stream Energy, the chances of people subscribing to independent/ private electricity providers are less because they are more likely to choose the ones provided by the local government.
POPULAR PLANS/ PACKAGE OF STREAM MLM
There are a lot of MLM plans by Stream Energy. Stream provides their customers with numerous packages on how they want to approach their electricity and gas bills. The company also charges higher fees and only serves a few select states. Let’s have a look at Stream’s Business Plans.
The two majorly energy plans of Stream MLM are;
- Energy for Your Home: In this package, you can choose your preferred Electricity Plan based on your lifestyle and budget. Electricity cost and consumption can be different from plans.
- Energy for Your Business: This Package grants you between 2 months to 5 years of constant electricity provision, ideal for businesses. The cost and consumption are based on the scale of the company.
Other packages provided by Stream Energy are :
- First Choice Power: $0.107/kWh and suitable for three years.
- Tri-Eagle Energy: $0.106/kWh and good for one year.
- Constellation Energy: $0.085/kWh and good for one year.
MERITS AND DEMERITS OF JOINING STREAM MLM
Stream Energy has become one of the biggest energy based direct-selling companies globally. The company claims to have paid millions of dollars to customers who have successfully referred Stream’s services to their friends and family. Stream Energy offers a way for people to lower their electricity and utility bills with the help of their more affordable energy services.
MERITS:
Among all de-regulated energy companies, Stream Energy offers some of the most competitive and transparent rates of the industry. The company’s full disclosure of its fixed and variable rates for electricity and gas is rare for this industry.
- An affiliate-like system.
- Generous compensation plan.
- Positive product reviews.
- High earning potential.
- It’s completely free to start.
DEMERITS:
While Stream Energy remains one of the most transparent de-regulated energy companies regarding its rates, the amount the company requires upfront as a deposit is undisclosed.
- Low start-up fee and maintenance cost.
- High-quality, affordable products.
- Have to sell $100 worth of products to stay active.
- Low online passive income compares to other MLMs.
- Slow success rate compared to other MLMs.
THE STREAM GREEN PROJECT
Stream believes in a brighter future. So, they created the Stream Green initiative to promote conservation and give you easy access to responsible, renewable energy options. The Stream Green certified stamp guarantees renewable energy from 100% renewable resources like Wind, Solar, Biomass, Water.
ENERGY CONSERVATION TIPS
Energy conservation is using less energy to lower costs and reduce environmental impact. When temperatures heat up, these simple tips are helpful to save energy and save money. Other than investing in a Renewable Energy Plan, develop simple conservation habits to support the environment.
- A smart thermostat is the most straightforward way to conserve energy and reduce heating/ cooling costs by 10%.
- Fight phantom drain and save energy by unplugging devices when they aren’t in use.
- Use LED bulbs to conserve power by 75% less energy and last 25x longer.
- Recycle or donate your old electronic equipment. Old products can cause a lot of power fluctuations and energy loss.
- Use smart power strips; Smart Power Strips protect your devices by automatically turning them off when they are not being used. This way you can save much energy.
FUTURE OF RENEWABLE ENERGY BUSINESS
A small change can lead to a significant impact and make a positive environmental impact on the planet. In 2019, over 5,000 Stream customers helped make our planet greener with Eco+(a renewable energy plan). Stream bought more than 60 Million kWh of renewable energy from their consumers. When you add in the 100% renewable energy Green & Clean Plan, the number goes even higher.
A huge thank-you goes out to their customers who also works to protect our planet from harmful fossil fuels and lower the strain on the power. The Stream Green initiative promotes conservation and gives our customers easy access to responsible green energy options.
CONCLUSION
Stream Energy built its business by selling energy via word of mouth. Stream Energy appears to be one of the most transparent direct energy sellers in the industry and employs competitive rates and flexible contract terms. Stream Energy is the best option for those who want to avoid getting locked into a long-term contract.
