Vectren Energy Delivery of Ohio selects ESG to provide transaction and supplier management services

PEMBROKE, Mass., Oct. 14, 2002 — Vectren Energy Delivery of Ohio (VEDO), a regulated natural gas utility, selected Energy Services Group, Inc. (ESG) to provide transaction management services in support of their upcoming deregulation efforts in Ohio.

As part of the relationship, ESG will administer VEDO’s testing and certification of participating gas marketers, provide VEDO with systems interfaces and integration support, and manage VEDO’s daily volume of transactions required for enrollment of customers in VEDO’s deregulation program. VEDO will utilize ESG’s Supplier Portal to support participating marketers and meet requirements of the Public Utilities Commission of Ohio.

The VEDO Supplier Portal, a web interface developed and operated by ESG, allows gas marketers in VEDO’s service area the ability to manage their electronic business transactions in much less time and at far lower costs than conventional EDI interfaces. In addition, the VEDO Supplier Portal will provide gas marketer testing and certification updates, retail market business rules, comprehensive information regarding tariff postings/links, frequently asked questions, schedules, and implementation guidelines.

“VEDO’s goal is to develop a vibrant retail gas market within its service area, and ESG’s comprehensive solution addresses VEDO and retail supplier needs by offering far greater functionality at lower cost and with less risk.” said Chip Gill, Choice Advantage Project Director for VEDO. “The VEDO Supplier Portal makes it extremely easy for gas suppliers to enter and operate within the VEDO retail market.”

VEDO’s strategic decision to outsource their electronic transaction business to ESG comes at a time when regulators are pushing for the markets to be small-supplier friendly. ESG’s Supplier Portal gives VEDO the infrastructure needed to cost-effectively manage both types of suppliers: large marketers with sophisticated electronic business transaction systems and capabilities, and small marketers with limited resources and systems.

“Providing this level of support to marketers is critical to the success of VEDO’s deregulation efforts. VEDO has taken proactive steps to insure that their customers have a stable and competitive energy market starting this winter, all while reducing the cost of operating these systems,” said Nate Owen, CEO of Energy Services Group.

About Energy Services Group

Energy Services Group, Inc. (ESG), with headquarters in Massachusetts, and offices in Houston is the strategic source of Managed eCommerce, Clearinghouse, and Billing Services tailored to meet the requirements of competitive natural gas and electricity markets. Utilizing systems supported by experienced energy professionals, ESG enables distribution companies, energy retailers, and other merchant energy companies to successfully operate in the nation’s rapidly evolving competitive energy markets. ESG supports over 50 clients in more than 110 energy trading partner marketplaces. ESG also provides access to over 50 million metered accounts in competitive markets. For more information, visit ESG’s Web site at www.EnergyServicesGroup.net.

About Vectren

Vectren Corporation is an energy and applied technology holding company headquartered in Evansville, Indiana. Vectren’s energy delivery subsidiaries provide gas and/or electricity to nearly one million customers in adjoining service territories that cover nearly two- thirds of Indiana and west central Ohio. Vectren’s non-regulated subsidiaries and affiliates currently offer energy-related products and services to customers throughout the surrounding region. These include gas marketing and related services; coal production and sales; utility infrastructure services; and broadband communication services. To learn more about Vectren, visit www.Vectren.com.

Source: Energy Services Group, Inc.

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