Packaged Ice Inc. plans to outsource energy management of 60U.S. ice manufacturing facilities to Enron Energy Services (EES).Enron will evaluate and implement capital projects related toPackaged Ice’s “private utility” to increase productivity andefficiency of the plants. Enron also will provide electricity ormanage energy procurement at the facilities.
“We believe that this agreement with Enron should achieveproductivity gains, reduce our energy usage and save millions ofdollars over the life of the contract without requiring thededication of critical internal resources,” said James F. Stuart,Packaged Ice CEO.
Terms of the 10-year agreement include a commodity-to-productionlevel pricing agreement. Packaged Ice’s energy expenditures overthe term of the contract will be tied to the pounds of ice producedand are estimated to be more than $100 million.
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