Major Convenience Store Chain With Cult Following To Launch Retail Supplier To Serve Residential Customers

July 22, 2024

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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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One of the Mid-Atlantic's most well-known convenience store chains, with a "cult" following, will launch a retail energy supplier

Sheetz has formed a new entity, Sheetz Energy, Inc., which plans to serve as a load serving entity, "to supply Sheetz, Inc. stores, carwashes, distribution centers, and corporate facilities in Pennsylvania and residents in Pennsylvania," Sheetz Energy said in a regulatory filing [emphasis added]

Sheetz further said that Sheetz Energy, Inc. was, "formed for the purpose of working with suppliers to contract for electricity for sites in Pennsylvania, Ohio, and Maryland."

Sheetz has approximately 700 stores in Pennsylvania, Ohio, Maryland, Virginia, North Carolina, and West Virginia, with plans to enter Michigan

As of 2023, Sheetz had 650 total electric vehicle chargers at 95 of its store locations

In Pennsylvania, Sheetz is strongest in the western and central parts of the state (including the PPL service area), with limited coverage into the immediate Philadelphia region

Among other things, Sheetz is known for "Made-to-Order food, premium coffee, [and] restaurant-style seating," and has had a fuels market share of 21% in Pennsylvania

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