Alex Goldstein and Mark Friedgan founded Eligo Energy in 2012. Eligo Energy is a retail electricity supplier based in Chicago, Illinois. Eligo partners with preferred brokers and affiliates throughout the country so consumers pay less for electricity.
The company provides electricity, natural gas, and solar energy for more than 95,000 clients. The majority of the company’s products are green, such as wind or solar-powered sources.
In August 2019, Eligo Energy paid the state of Illinois $3 million for what the state called “fraudulent claims.” The State of Illinois alleged that the company and its sales representatives used aggressive and deceptive tactics to enroll customers in the ComEd territory into unnecessarily expensive contracts for electricity.
Eligo Energy maintains a corporate office in Chicago, Illinois.