News Room - Oct 31, 2001 -
[Cached Version]
Published on: 7/16/2002
Last Visited: 2/28/2003
"For quite some time now, many of our large commercial and industrial customers have turned to TXU Energy for advice, because our staff has built up considerable expertise when it comes to running facilities efficiently," said Jim Hess, senior vice president and general manager of TXU Energy."We can expand beyond our traditional role as an energy supplier and serve our customers as an advisor.We can even take on a more active role and manage or actually operate our customers' day-to-day energy equipment and facilities."
One example is Village Creek, a wastewater facility in Fort Worth, Texas, where TXU's asset management services enable it to monitor turbines from its remote control center.TXU Energy guarantees that the turbines will operate 96 percent of the time, and if excess power is generated, it will be sold and Fort Worth will share in the profits.
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"We see this freedom as a tremendous opportunity to offer valuable solutions to our large commercial and industrial customers and, as a result, we tend to form closer, mutually beneficial relationships with them," Hess added.
TXU (NYSE: TXU) is a global leader in electric and natural gas services, merchant energy trading, energy marketing, energy delivery, telecommunications, and energy-related services.With $40 billion in assets and $28 billion in annual revenue, TXU is one of the most influential energy services companies in the world.TXU is the No.1 competitive energy retailer in the U.S and one of the largest in the world.TXU owns or controls extensive competitive generation around the world and is a leading trader globally.TXU, which sells over 330 million megawatt hours of electricity and 2.8 trillion cubic feet of natural gas annually, serves over 11 million customers worldwide, primarily in the US, Europe and Australia.Visit http://www.txucorp.com/ for more information about TXU.