Schools In Illinois Using Special Heat Procurement Strategy

摘要

ARAMARK and Amerex Energy Services introduced an electric procurement product to the State of Illinois designed to assist educational institutions in managing their utility costs. Loyola University, Saint Xavier University, Rockford College and Indian Prairie School District are the state's first consumers to contract for deregulated electric power using a heat rate pricing model. This model is designed to help customers secure lower electric rates and maintain flexibility in a volatile market. This procurement strategy, called "Managed Heat Rate," capitalizes on deregulation, placing more control with the consumer by unbundling and separately managing the primary components that comprise the price of electricity. Amerex Energy Services has successfully unbundled the electric price components in Illinois, allowing ARAMARK to introduce this innovative approach to educational institution as a means to manage escalating utility budgets, the companies said in a news release. Heat rate contracts can offer long-term cost savings over traditional fixed-priced contracts. They provide price stability and budget certainty, which are features particularly desired by educational institutions.