SOUTH PORTLAND — City officials are hoping to gauge the level of interest in a new nonprofit company that would buy electricity in bulk on the wholesale market.

Households and small businesses in the city will receive fliers about South Portland Energy, which would aim to buy electricity at a rate that is 10 to 15 percent below the standard offer for power. 

The city is still exploring the possibility of forming South Portland Energy. The purchasing abiltiy of the company would affect the cost of the energy. The costs for transmission and delivery of the power, however, would remain unchanged.

Property owners interested in updates on the project are asked to provide their names, addresses, phone numbers and e-mail addresses to the city in a message to [email protected] or by leaving a message at 347-4106.