DALLAS, Oct. 19, 2001 – The Spring Independent School District (ISD) has chosen TXU Energy as its retail electricity provider. The Houston- area school district is one of the first in the state to announce the signing of an electricity supply contract under Texas’s new electric restructuring law. The contract, valued at $7,357,000, is expected to save the school district more than $1 million per year in energy costs.
Spring ISD, located 20 miles north of downtown Houston in an urban area of Harris County, can now take advantage of the benefits offered by the emerging competitive electric market.
“We based our decision on the program the account management team at TXU Energy developed,” said Don Marshall, director of purchasing for Spring ISD. “TXU consulting and engineering services will aid in the development of new energy conservation measures to control future energy use and costs. We are confident in putting our energy needs in their hands.”
A team of Spring ISD administrators evaluated requested proposals from three other major retail electricity providers and, after careful consideration, selected TXU Energy based on savings for the district, a dedicated account management team and other services offered by the retail electricity provider.
Marshall said, “In the selection process, TXU Energy went the extra mile to calculate the energy needs of the new facilities we will have coming online in the next few months and, overall, offered a better program and pricing. This has the potential to greatly enhance energy savings for our district.”
“School districts have the tough job of running their schools while efficiently utilizing and conserving resources,” said Jeffrey Weiser, senior vice president of sales, TXU Energy. “Spring ISD’s decision is important, in that not only is the district taking the first step in more effectively managing its energy needs, but it is also setting the pace for other districts in the area. We at TXU Energy are pleased we can meet the needs of the district, and look forward to a long-term relationship in providing the best service and savings for Spring ISD.”
Spring ISD boundaries are located between the cities of Klein, Conroe, Humble and Aldine in the area north of Houston. The district serves more than 22,500 students in 15 elementary schools, four middle schools, two 5A high schools and one multi-purpose school.
TXU Energy offers large commercial, industrial and institutional customers a range of energy solutions, including supply and price-risk management; energy information management; design, construction and management of energy equipment; facilities management; and capital management. It serves more than 8,000 customers in 33 states and has completed more than 3,500 energy management projects nationwide.
TXU Corp., parent company of TXU Energy, is a provider of electric and natural gas services, electricity delivery, merchant trading, energy marketing, telecommunications, and other energy-related services.
TXU is one of the largest energy companies in the world with more than $27 billion of annual revenue and $43 billion of assets. TXU is one of the largest generators of electricity in the world and sells 300 million megawatt-hours of electricity and 2.7 trillion cubic feet of natural gas annually. TXU delivers or sells energy to 11 million customers primarily in the United States, Europe and Australia. Visit www.txu.com for more information on TXU.