Boston – SourceOne, a national consulting firm and a subsidiary of Veolia Energy North America, has been selected to perform energy advisory services for SouthCoast Electric Power Group (SCEPG), an aggregation comprised of the Cities of New Bedford, Fall River and nearly 30 private companies in the area.
The SCEPG is comprised of over 800 separate accounts with an aggregate annual electricity load of roughly 150,000,000 kWh, representing an estimated annual budget of approximately $10 million.
The scope of energy services provided by SourceOne will include development of pricing alternatives, contract negotiation with electricity suppliers, ongoing management of the supply relationship, and electricity market insight and forecasting. These services allow SCEPG members to have the information needed to make important electricity pricing decisions and to further reduce electricity costs
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