PowerOne Expands Service Area to 12 States

Agreement with Sherpa Energy Services Increases Company's Reach and Diversifies Offerings

Jul 19, 2013, 10:01 ET from PowerOne Corporation

CHICAGO, July 19, 2013 /PRNewswire/ -- PowerOne Corporation of Chicago, Illinois, is aggressively expanding its service area—this time through an agreement with Sherpa Energy Services. With this agreement, PowerOne will grow its geographical service area to 12 states, as well as increase the diversity of its energy offerings. www.power1co.com.

"This is a big win for PowerOne," stated Rami Fawaz, PowerOne's Chief Operating Officer. "Sherpa is an extremely experienced company, with an excellent track record for performance and customer service. With Sherpa's real-time price monitoring and proprietary customer acquisition processes, PowerOne will gain a significant advantage in the market."

PowerOne's partnership with Sherpa strengthens the company's position as a rapidly growing force in the competitive energy industry. PowerOne's agreement allows the company to sell through Sherpa's 15 suppliers. Adding additional suppliers to PowerOne's supply roster expands choice for customers, choice that translates directly into significant savings.

Ryan Sytsma, Sherpa's Chief Marketing Officer, said, "PowerOne is an aggressive, growth-oriented company, which is a perfect fit for Sherpa. Our shared target customers—knowledgeable, top-tier commercial energy consumers—are sure to benefit from PowerOne's business-centric approach and commitment to customer satisfaction and savings."

About PowerOne
PowerOne Corporation provides its customers with discounted electricity, both through its network of competitive suppliers and the company's own retail electricity supply offerings. Headquartered in Chicago, Illinois, the company is positioned to grow with the competitive energy market and gain share through better pricing, superior service and effective marketing strategies. Please visit www.power1co.com for more information.

About SHERPA Energy Services
SHERPA Energy Services (SHERPA) guides commercial, industrial, governmental, and institutional entities in developing and implementing long term energy strategies across the Untied States. Leveraging over 30 years of experience, SHERPA offers unmatched market intelligence and depth of experience in providing comprehensive energy price risk management services. Our firm is not affiliated with any supplier or financial entity; we function solely as ones advocate in the market.  Working in teams, we offer best-in-class talent for each discipline required to serve our clients needs which allows us to discover the energy options available to you, the impact those options will have, and associated cost.  Please visit www.sherpaenergyservices.com for more information.

SOURCE PowerOne Corporation