Usource and CBIA Service Corp. Offer Energy Solutions
Hampton, NH (May 1, 2001) – Usource L.L.C, an affiliate
of Unitil Corporation (AMEX: UTL), today announced an agreement with
CBIA Service Corp., an affiliate of the Connecticut Business and Industry
Association (CBIA), to provide energy e-commerce services in support of
CBIASC’s Energy Connections Program for commercial, industrial and government
buyers throughout the State of Connecticut. This agreement solidifies the
CBIASC’s existing energy procurement services and offers Connecticut’s major
energy consumers expanded access to a sophisticated energy solutions marketplace.
"We are pleased to provide our state-of-the-art energy services to CBIASC.
The CBIA is one of the most advanced business associations in the country,"
said Unitil Chairman and Chief Executive Officer Bob Schoenberger. "Energy
buying and energy management are taking center stage in today’s high energy
cost environment, and the technology we are providing to the CBIASC is the
enabler for tomorrow’s energy solutions."
The Connecticut Business and Industry Association (CBIA) is the largest statewide
business organization in the country, with 10,000 member companies. CBIA is the
voice of business and industry in Connecticut, having represented Connecticut
businesses for more than 175 years. CBIA provides business advocacy services
at the state level, operates several key business forums and sponsors numerous
programs and events to bring business, government, education and private
enterprise together and to help its member companies. The CBIA also offers
energy procurement, health insurance, affordable full-service retirement
plans and workplace safety services as well as onsite consulting services
to its members.
Usource L.L.C., headquartered in Hampton, NH, began providing web-based energy
solutions in late 1999, and now offers Energy Buying, Advisory Services, an
Energy Marketplace and an Education Center at www.usourceonline.com. Usource
provides tools for the sophisticated energy buyer, but also offers one-stop
shopping for smaller to medium sized energy users who lack resources or
expertise in managing energy in an increasingly competitive environment.
Usource Energy Buying is a neutral, independent service that enables customers
to post their energy requirements on the nation’s most active retail energy
exchange, operated by Enermetrix.com, where more than 50 suppliers competitively
bid to meet those requirements. Usource currently serves northeastern United
States and has more than 375 accounts under management, including leading
industrial corporations, large business and industrial associations, major
municipal and government buyers as well as key commercial and industrial buying
groups.
Contact
Todd Black
black@usourceonline.comCorporate Office
Liberty Lane West
Hampton, NH 03842-1720
800/999-6501