Spartech Corporation has awarded World Energy Solutions a three-year energy management contract expected to save the plastics producer more than $1 million in energy costs.
The contract covers a range of sustainability and transactional services intended to help Spartech lower its energy commodity costs, reduce energy consumption and maximize available grid and utility incentives, such as demand response and efficiency rebates, World Energy says.
In the first three months of the engagement, World Energy has already procured electricity and renewable energy for Spartech facilities in Maryland, New York, Ohio and Texas.
Throughout 2012, World Energy will roll out bill-payment services for Spartech, conduct efficiency work and execute additional electricity and natural gas procurements across the country.
World Energy has recently been carrying out energy management services for some high-profile clients, including the US General Services Administration. In January, the company and science and engineering firm SAIC helped the GSA to buy more than 220 million kWh of electricity through reverse online auctions, for 60 New England facilities and other federal accounts. The procurement cut energy expenditure by almost 40 percent.
In March, the GSA’s Energy Division tapped World Energy and SAIC to help carry out the agency’s first auction of demand response capacity.
And in April, sporting goods retailer City Sports said it expects to save more than $300,000 in energy costs over the next three years by implementing a World Energy Solutions energy management plan. The plan includes auction-based procurement, energy efficiency measures and utility incentives.
According to Spartech’s first corporate sustainability report, published in March, the company last year developed a yogurt cup for Danone using its EnviroAir foaming technology, which reduced the amount of plastic used in the cup by up to 20 percent. Spartech says EnviroAir can be used in a variety of applications outside the packaging industry to reduce weight by up to 40 percent.
