LPB Energy Management (LPB) has signed a new contract with the Dallas County Community College District (DCCCD) of State of Texas for energy management services that will save over $6 million in energy costs over the next three years. The contract enable both parties to work collaboratively to secure low possible rates for DCCCD, based on its consumption history and future needs. The plan represents around 200 million kilowatt-hours (kWh) of electricity.

DCCCD comprises seven individually accredited institutions — Brookhaven, Cedar Valley, Eastfield, El Centro, Mountain View, North Lake and Richland colleges — plus its “virtual” campus, the Dallas TeleCollege, which provides distance learning courses. Since 1965, DCCCD has served more than 1.5 million students and has added several satellite campuses. Currently, more than 70,000 credit and 25,000 continuing education students are enrolled in classes for the spring 2009 semester.

LPB’s Strategic Supply group managed all negotiations on DCCCD’s behalf with multiple retail electric providers to obtain the lowest rates and advise the district on contract terms, language and market timing. Throughout the process, LPB worked with district representatives so that they would understand DCCCD’s power consumption history, risk tolerance and future growth plans; as a result, LPB created a multiple-year strategic supply solution that meets DCCCD’s specific needs.

DCCCD can track the progress of its program using LPB’s Utility Manager Software application, which provides user-friendly charts, graphs and reports that can specify actual cost and consumption across the district’s multiple facilities.

LPB will also provide post-contract service and support.

“We are honored to have been entrusted by the Dallas County Community College District to help address their energy needs,” said John Fardella, Executive Vice President of Business Development at LPB. “We leveraged our deep market insight, relationships with multiple retail electric providers and mass purchasing power to secure the best deal for this valued client.”

“The Dallas County Community College District is focused on providing an accessible, quality education at affordable prices,” said Philip Todd, director of purchasing for DCCCD. “Reducing energy costs will help the district achieve those goals.”