The University of Texas has struck a deal with Dallas-based Branded Retail Energy to begin selling renewable Texas Longhorns Energy. The University of Texas A&M has revealed a deal to begin selling energy, taking the storied rivalry of 'UT versus A&M' off of the field and onto the grid.
Branded energy like the Texas Longhorns Energy and A&M energy is seen as the next big thing in energy sales. Texas is known to be crazy over its sports teams, so maybe this move will work. I, for one, am eagerly anticipating Yankees Utilities, whenever that may be.
College Electricity Companies
Texas Longhorns Energy Takes Competition off the Field
Trend Themes
1. Branded Energy - The rise of branded energy in collegiate institutions presents an opportunity for energy companies to differentiate themselves and market to a captive audience.
2. Renewable Energy - Collegiate institutions partnering with renewable energy providers presents an opportunity for companies to expand their market and promote sustainable energy practices.
3. Sports-themed Energy - The trend of sports-themed energy presents an opportunity for energy companies to capitalize on regional pride and loyalty to sports brands.
Industry Implications
1. Energy - Traditional energy companies can consider partnering with collegiate institutions to sell branded or renewable energy, tapping into a captive market and expanding their consumer base.
2. Higher Education - Collegiate institutions can look to partner with renewable or branded energy providers as a way to reduce their environmental impact and generate additional revenue streams.
3. Sports - Sports organizations can consider entering the energy market with branded energy products, leveraging their loyal fanbase and brand recognition to attract customers.