Lykins Oil Offering Licensed Electricity Brokerage

Seeking to address all of customers' energy needs

MILFORD, Ohio -- Lykins Oil Co. is expanding its service offerings to include licensed electricity brokerage. Lykins Energy, a division of Lykins Oil, will help Ohio businesses save time and money in Ohio's deregulated electricity market.

"We are excited to add electricity services. Our goal is to provide value to our customers by addressing all their energy needs. At Lykins, we are known for providing our customers with the highest quality products at the lowest possible price," said Lykins Cos. president Jeff Lykins.

Lykins said the task of choosing an electricity supplier can be overwhelming and time consuming for a business owner.

"We analyze how a company does business and its electricity usage patterns," he said. "We do the leg work and due diligence to thoroughly screen potential suppliers to ensure that they are viable, healthy companies with a reputation to deliver. We obtain competitive prices from multiple suppliers. Then we recommend the electricity supplier and pricing options that are best suited to each company's needs, and we establish an agreement and service with the provider the client company chooses. This helps businesses lower and control monthly bills."

Lykins said that the electricity brokerage service saves companies money on their bills; it also lets them focus on running their business.

In January, Framingham, Mass. -based Gulf Oil LP entered into the retail electricity market via the launch of Gulf Electricity (See Related Content below for previous CSP Daily News coverage).

Lykins Cos. is a family owned and operated business with headquarters in Milford, Ohio. The company was founded in 1948 by Guy Lykins, Sr., and is now in the third generation of management. The company serves customers in Ohio, Kentucky and Indiana, as well as throughout the Midwest and the Southeast United States and provides five key services: branded fuels, wholesale fuels, commercial, transportation and home heating oil. The company represents five major brands: BP, Marathon, ExxonMobil, Shell and Clark.