Business Chief US+CAN Magazine November 2015 | Page 69

ENERGY
“ We started to take on more and more suppliers and we had to bring in additional expertise ,” continued Jon Parrella .
Two years later , the company launched its first product and discovered a niche within the marketplace that wasn ’ t fulfilled by others . In 2014 , at the request of Jon Parrella , Michael Parrella joined ESCO Advisors to optimize the company ’ s operations and run the company from its headquarters in Danbury , Connecticut .
“ We were able to complement each others ’ skills ,” shared Michael Parrella . By responding to the challenges that every energy supply company was facing , clients began to roll in for ESCO Advisors .
“ Having been in the client ’ s shoes with my previous company , I was given the ability to see where there were voids in the marketplace and where there was opportunity ,” said Jon Parrella .
The company now has two main products , one for customer and broker relationship management , and a demand forecasting system for managing risk . In conjunction with a billing system , these two systems provide the ability to automate the operations and risk of

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