Central and South West Corporation forms EnerShop to help large energy users save money, increase productivity.DALLAS--(BUSINESS WIRE)--Oct. 23, 1995--A new subsidiary has been formed by Central and South West Corporation (NYSE NYSE See: New York Stock Exchange : CSR (1) (Customer Service Representative) A person who handles a customer's request regarding a bill, account changes or service or merchandise ordered. Agents in call centers are known as CSRs. See call center. ) to help major energy users reduce their costs. EnerShop, Inc.(SM), initially will serve commercial, industrial, institutional and governmental customers in the Southwest to provide energy management services designed to control costs, enhance productivity and improve convenience, safety and comfort. Formation of EnerShop was approved recently by the U.S. Securities and Exchange Commission. "We will be able to offer a variety of energy-saving solutions after an evaluation of the customer's systems," said Mike Montgomery To see the defensive end on the Green Bay Packers see Michael Montgomery Mike Montgomery (born February 27 1947 in Long Beach, California, United States) is the former head coach of the Golden State Warriors in the NBA. , general manager of EnerShop. "Our full-service capability includes design, construction and retrofit ret·ro·fit v. ret·ro·fit·ted or ret·ro·fit, ret·ro·fit·ting, ret·ro·fits v.tr. 1. To provide (a jet, automobile, computer, or factory, for example) with parts, devices, or equipment not in of energy systems as well as financing," he said. EnerShop already has submitted bids for energy management projects, including county government facilities. Additional project bids are expected in the near future. Montgomery said potential EnerShop customers include large office buildings, hospitals, schools, universities, lodging facilities, grocery chains and light manufacturing. "After we perform our assessment and develop our turn-key energy management solutions in concert with an engineering firm, EnerShop will team with a variety of contractors for mechanical, electrical, lighting and controls applications," he said. "In most cases, we will work with local contractors to serve the customer's needs." EnerShop will manage the entire project, including placement of third- party financing. EnerShop is offering services and technologies that include: o high-efficiency lighting (ballasts, reflectors, lamps and controls); o high-efficiency HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free systems (rooftop units, chillers and thermal energy storage Thermal energy storage can refer to a number of technologies that store energy in a thermal reservoir for later reuse. They can be employed to balance energy demand between day time and night time. ); o energy management and control systems; o improved fans and air-handling equipment; o variable speed drives and high-efficiency motors; o improved building operation and maintenance practices. Information about EnerShop's services is available by calling 1-800-711-ENERGY (1-800-711-3637). Development of EnerShop is part of CSW's broader strategic marketing portfolio, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Larry De Simone, president of EnerShop and vice president of strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. at CSW CSW Commission on the Status of Women CSW Christian Solidarity Worldwide CSW Clinical Social Worker CSW College of the Southwest (New Mexico) CSW Cambridge SoundWorks (audio manufacturer) . "EnerShop, along with CSW Communication's Customer Choice & Control(TM) Program, represents components of CSW's future business model -- one centered on providing customers with new choices for meeting and managing their energy needs," De Simone said. Central and South West Corporation is a Dallas-based public utility holding company with assets of more than $11 billion. It owns four electric utility companies -- Central Power and Light Company, Public Service Company of Oklahoma, Southwestern Electric Power Company and West Texas Utilities Company -- which serve more than four million people in Texas, Oklahoma, Louisiana and Arkansas. The corporation also owns an Oklahoma intrastate natural gas-pipeline and processing company and seven other subsidiaries. CONTACT: Gerald R. Hunter, manager of external communications, Central and South West Corporation, 214/777-1165 |
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