Coleman / Hines Positions Multi-site Companies to Leverage Energy Management in Volatile Times.Business Editors SCOTTSDALE Scottsdale, city (1990 pop. 130,069), Maricopa co., central Ariz.; settled in 1895 by Winfield Scott, inc. 1951. It is a resort and retirement center in the Phoenix metropolitan area. , Ariz.--(BUSINESS WIRE)--Sept. 24, 2002 Recognizing the need for increased outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. of energy management nationwide, Scottsdale, Ariz.-based energy services firm hires acclaimed ac·claim v. ac·claimed, ac·claim·ing, ac·claims v.tr. 1. To praise enthusiastically and often publicly; applaud. See Synonyms at praise. 2. restaurant and energy expert to help deliver savings to broader market segments With the energy industry in such flux flux In metallurgy, any substance introduced in the smelting of ores to promote fluidity and to remove objectionable impurities in the form of slag. Limestone is commonly used for this purpose in smelting iron ores. , how can restaurants and other businesses protect their enterprises and operating margins Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: ? Deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. and its fall-out have caused energy shortages and skyrocketing energy rates, notably in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , but energy services companies like Coleman | Hines have taken steps to address these needs by hiring former Jack in the Box energy expert Howard Spellman. "Since energy is the third or fourth largest variable expense in most businesses, companies nationwide are beginning to realize that ignoring energy management can hurt their business severely. Those who proactively take steps to address it are gaining a competitive edge," said Coleman | Hines Co-founder and President Diana Hines. "Also, managing energy becomes more complex every day. Just look at what happened in Arizona Arizona (âr'əzō`nə), state in the southwestern United States. It is bordered by Utah (N), New Mexico (E), Mexico (S), and, across the Colorado R., Nevada and California (W). when the Arizona Corporation Commission recently halted deregulation here after six years of preparation and planning. The potential economic fall-out is staggering," Hines added. Unfortunately, the current corporate energy management structure isn't helping companies protect operating margins. Many companies understand energy management is a real need. But, often because of budget considerations or lack of the sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. required to understand current requirements, they are not dedicating staff to manage it. Instead, they assign energy management as an additional responsibility to either facilities, purchasing, accounting or information systems (IS) managers. One solution to this dilemma is to outsource energy management to the experts. Outsourcing helps take risk away from a business by offering a variety of cost-saving energy options. "Since Coleman | Hines operates as an objective advocate helping multi-site businesses save energy costs, we are not tied to utilities or energy services providers. Using our proven Home Run Solutions(TM) system, we research, organize, analyze and deliver information that positions companies to manage energy. Internally, we've also added a high-level energy expert to help address energy needs in specific market segments," explained Hines. Spellman just joined Coleman | Hines as vice president business development in July. His mandate is to explore new market segments, and product and service offerings, with a focus on the restaurant industry. Spellman recently relocated re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. to Scottsdale from San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , where he served Jack in the Box as its director of energy management and information systems. During his 10-plus years in the energy industry, Spellman helped earn Jack in the Box a special San Diego Business Journal Excellence in Energy Management Award for leadership in energy conservation. He also served as chairman of the board for the Institute for Multi-site Energy Consumers (IMEC) helping companies prepare for deregulation. The latter has given Spellman a clear, overall perspective of many market segments' energy needs. "Howard's understanding of both physical and financial energy markets has resulted in millions of dollars in savings for the companies he has represented, and we hope to bring this benefit to all our customers," said Hines. About the Company: Coleman | Hines (www.colemanhines.com/) offers energy cost reduction solutions for national Fortune 500 retailers, restaurants and government/educational entities. Often acting as a client's outsourced energy manager, Coleman | Hines prepares a customized strategic energy plan for each client using a combination of energy options to reduce energy costs. Since its founding in Scottsdale in 2000 by Diana Hines and Gina Coleman, the firm has identified more than $10 million in price risk management and energy savings for its clients. Note to Editors: There is a pipe in the company name between Coleman and Hines. |
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