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Source Power Company Announces Acquisition of a Customer Contracts Portfolio From Buy Energy Direct; Actively Seeks New Partners and Projects

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Press Release

Dec 21, 2021 10:00 EST

Source Power Company, a New York regulated energy supplier and community solar subscriber acquisition company, today announced the purchase of a portfolio of electricity supply customers in New York State. Source Power Company acquired the customer book from Buy Energy Direct, LLC.

“We are pleased to announce the purchase of a portfolio customer book from Buy Energy Direct,” said Vincent Palmieri, Chief Operating Officer of Source Power. “The feedback from the market has been positive, and we see this as yet another signal that our hybrid product has been able to fill a void for a consumer product that offers the standard of value that aligns a meaningful savings with inclusive renewable energy programs that further the state’s clean energy goals.

Palmieri added, “We continue to…

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