SourceOne Wins Contract to Perform Energy Services for Six Municipalities in Connecticut
SourceOne, a Veolia Energy
Company, to develop energy efficiency measures for Branford, Durham,
Guilford, Killingworth, Madison and Westbrook
Boston, MA. — Veolia Energy North
America, a leading operator and developer of sustainable energy
systems, announced that SourceOne, its energy management and advisory
services subsidiary, has been selected to perform energy services on
behalf of six Connecticut municipalities: Branford, Durham, Guilford,
Killingworth, Madison and Westbrook. The overall goal of this
effort is to achieve energy savings of at least 5 percent across all
six communities, with an emphasis on projects that involve regional
cooperation and savings.
The six towns developed a regional
energy commission and jointly applied for and received a $250,000 grant
from the State Office of Policy and Management. After a rigorous
review process, SourceOne was selected from a list of seven
finalists. The scope of the energy services delivered will
include energy audits, renewable energy assessments, procurement review
and assistance, grant/incentive research, short and long term energy
conservation projects, and project planning.
“We are very pleased to have been
selected to help these towns improve their energy efficiency,” said
Vincent Martin, President of SourceOne. “Our approach will be
tailored to meet each town’s long-term needs, as well as the
requirements of the regional energy commission. We have an
excellent track record in the New England area, and we are excited by
this opportunity.”
The project is part of the Energy
Efficiency and Conservation Block Grant (EECBG) Program, which was
created to assist U.S. cities, counties and states to develop, promote,
implement and manage energy efficiency and conservation projects and
programs. The American Recovery and Reinvestment Act of 2009
(ARRA) appropriated $3.2 billion for EECBGs to be distributed by the
U.S. Department of Energy (DOE) across the country. Entities in
the State of Connecticut are eligible to receive EECBG ARRA funding
totaling up to $24.5 million. Grants can be used for energy
efficiency and conservation programs and projects communitywide, as
well as renewable energy installations on government buildings.
SourceOne
has established a successful track record across the nation, providing
a unique mix of energy services that are focused on complex capacity
and reliability issues affecting customers. This project will
leverage SourceOne’s extensive expertise in the economics of power
delivery and consumption.
About SourceOne
A subsidiary of Veolia Energy North
America, SourceOne is a nationally recognized energy management and
strategic advisory services company, providing support to businesses
who view power as critical to their operations, offering a strategic,
customized approach to utilizing available resources, and generating
new solutions. With offices in Boston, New York City and Los
Angeles, SourceOne manages more than 850 megawatts (MW) of electric
power, 2 bcf of natural gas, and $500 million of utility bill
processing.
About Veolia Energy North America
Based in Boston, MA, Veolia Energy
North America is a leading U.S. operator and developer of sustainable
energy systems. The company is part of the Veolia
Environnement companies in North America, with more than 28,000 North
American employees providing sustainable environmental solutions in
water management, waste services, energy management, and passenger
transportation.
Veolia Energy’s parent company,
Veolia Environnement (NYSE: VE and Paris Euronext: VIE), is the global
standard for environmental services. With approximately 313,000
employees in 74 countries, Veolia Environnement recorded annual
revenues of nearly $50 billion in 2009. Visit the company's Web
sites at www.veolianorthamerica.com and www.veoliaenergyna.com.
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