About Rainbow Energy

Rainbow Energy Marketing Corporation is part of a family of companies that comprise (UEC). UEC is a diversified energy industry leader in acquiring, drilling, producing and reworking oil and gas properties, as well as extending that core-business into the wholesale buying and selling of natural gas and electricity throughout the United States and Canada.

Rainbow Energy Marketing grew out of UEC's beginnings in gas marketing and production and has been engaged in the wholesale power marketing and trading business since 1994. The company was a very early entrant into the deregulated electric power industry and has been focused on balancing supply and demand needs for electric utilities, independent power producers and other market participants. REMC specializes in providing its customers with tailor-made as well as standard energy products that fit the individual needs of its customers. REMC does business in all regions of the United States and in three Canadian provinces.

In the fall of 2002, REMC significantly expanded its operations with the addition of a trading floor in Overland Park, Kansas, along with a team of experienced trading professionals. This newly-acquired talent blended positively with REMC's existing knowledge base and experience. The results, as measured by trading volumes, transactions and revenues, have been significant. In 2005, REMC added an office in Jacksonville, Florida and increased our focus on the Southeast and Florida markets. In 2006, personnel were added in Minneapolis, Minnesota to increase REMC's trading in the Northeast and Canadian Markets.

 

 

 

Rainbow Energy Marketing Corporation conducts business all across the nation, in five Canadian provinces and in all the North American Reliability Council Regions.

Employees: 35, including 11 seasoned short- to long-term power traders Services: Asset Management Services, real-time transactions, next-day/short-term trading, long-term origination, risk management, natural gas management   Memberships: WSPP ERCOT MEMA NYPP MAPP NEPOOL PJM Interconnection Customers: IOUs Municipalities Electric Cooperatives Power Marketers Independent Power Producers Federal Power Marketing Agencies   FY 2007 Revenue: $640,000,000 View Annual Report

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