Strategic saved schools $100+ million

Strategic Energy (Great Plains) signed the Lewisville (Texas) Independent School District to a multi-year power supply contract through its partnership with Energy for Schools (EFS), an aggregation with 140 school district, community college and education service center members.
     The schools are saving $25 million/year via EFS's supply deal and Lewisville's savings are expected to be $1 million/year.
     Strategic renewed its deal with EFS last November after serving the aggregation since its beginning in 2001 and serves hundreds of other school districts in 10 open-market states.
     "Since we began serving retail customers in 1997," said Trevor Lauer, Strategic's executive vice president of sales and marketing, "we've applied our expertise to generate more than $100 million in savings for 650 school districts" nationwide.
     Published in Restructuring Today on August 17, 2004