In today's unprecedented economic environment, colleges and universities are searching for cost efficiencies in every facet of campus operations. Faced with a complex regulatory market and volatile energy prices that have increased as much as 38 percent in a single year, several innovative colleges and universities are now using an electricity procurement strategy, called Managed Heat Rate, as an effective means to control prices and reap significant savings.
A new white paper, "Managed Heat Rate - How Colleges and Universities Can Secure Best Electricity Prices," developed by ARAMARK Higher Education and Amerex Energy Services, details how Managed Heat Rate, an innovative product that capitalizes on deregulation, can potentially deliver long-term savings in excess of traditional fixed-price electricity contracts. The white paper is available, at no charge, at www.aramarkhighered.com.
"The current economy has spurred many school officials to explore all avenues in search of cost efficiencies," said Michael Leone, Senior Vice President, ARAMARK Higher Education. "The Managed Heat Rate strategy allows institutions to reduce the volatility and expense of electricity procurement."
Available in states that have deregulated electricity markets, Managed Heat Rate uniquely separates, and then procures, the primary components that determine ever-changing electricity prices. Colleges and universities can purchase the components individually when they reach an attractive price point.
"In deregulated states, Managed Heat Rate manages risk by locking-in prices and securing predictable rates over the contracted period," said Larry Allen, Senior Energy Manager, Amerex Energy Services. "This strategy has proven very effective in helping educational institutions control energy costs."
The white paper includes Managed Heat Rate case studies highlighting Baylor University, Loyola University and Saint Xavier University, complete with quotes from the chief financial officers of these institutions.
Loyola University and Saint Xavier University, both located in Illinois, became the first educational institutions in the State to contract for deregulated electric power using a Heat Rate pricing model. Amerex Energy Services successfully unbundled the electric price components in Illinois, allowing ARAMARK to introduce this innovative approach to its client partners as a means to manage escalating utility budgets. About AmerexAmerex Energy Services is a division of Amerex Brokers LLC. Amerex Energy Services is a national energy consultant that provides industrial, commercial and institutional clients with a wide array of sophisticated energy and energy-related financial tools designed to provide a stable platform to manage risk. Founded in 1978, Amerex is a leading over-the-counter energy brokerage offering services in electricity, natural gas, emission credits and allowances, renewable energy credits, retail energy procurement and energy data services. From its office in Houston, Amerex offers liquidity and timely execution to meet the needs of a global client network of more than 1,000 firms including thousands of traders and risk management professionals. For additional information, please visit www.amerexenergy.com. Amerex Brokers LLC is a wholly-owned subsidiary of GFI Group Inc. (Nasdaq: GFIG), a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI provides brokerage services, market data and analytics software products for a range of credit, financial, equity and commodity instruments. GFI operates one of the largest OTC energy brokerage businesses in North America both directly and through its Amerex and StarSupply businesses. About ARAMARK Higher EducationARAMARK Higher Education is dedicated to excellence in dining, facility, conference center, and stadium and arena services. ARAMARK enhances the living and learning experience and environment for more than 600 colleges and universities throughout North America. Dining services offered include: master planning; culinary development and venue design; catering; residential, quick-serve, and express dining concepts. Facility services offered include: facilities maintenance; custodial; grounds; energy management; capital project management; and building commissioning. For more information, visit www.aramarkhighered.com. About ARAMARKARAMARK is a leader in professional services, providing award-winning food services, facilities management, and uniform and career apparel to health care institutions, universities and school districts, stadiums and arenas, and businesses around the world. In FORTUNE magazine's 2009 list of "World's Most Admired Companies," ARAMARK was ranked number one in its industry, consistently ranking since 1998 as one of the top three most admired companies in its industry as evaluated by peers and analysts. ARAMARK seeks to responsibly address issues that matter to its clients, customers, employees and communities by focusing on employee advocacy, environmental stewardship, health and wellness, and community involvement. Headquartered in Philadelphia, ARAMARK has approximately 260,000 employees serving clients in 22 countries. Learn more at the company's Web site, www.aramark.com.


With all the big changes coming to CSU, many students speculate about the goals of our university.











On March 3, Rhodes College in Memphis, TN held their first Cooking Class.





With the new year came changes in the cafeteria - changes that the students have definitely noticed.

Eastern employee, Kathy VanWinkle famously shares smiles in upstairs Powell.

















Contrary to popular belief, Barnard girls can get their money's worth on the unlimited meal plan.

Aramark has been serving up some changes to more than just the menu this school year.






The student-run international buffet will feature a Volunteer Week theme Sept. 21-24.


New electricity strategy helps ARAMARK save money and energy

UT student-run international buffet features Volunteer Week theme

Annual campaign strives to help Maine communities find school supplies

Schools make green list thanks in part to eco-conscious food programs

ARAMARK company-wide community involvement initiative on the road again

ARAMARK partners with business community to help workforce readiness



Corban University Food Services Director welcomed to the Red Hat crew





Top ARAMARK chefs vie for the Gold Medal at the 3rd annual ACE competition.

ARAMARK Higher Ed team does what it can to help after Washington, DC, Metro train crash.


ARAMARK partners with Carson-Newman College to operate the local bakery.

Twenty-four ARAMARK employees were recently awarded Jefferson Awards for community service.

ARAMARK at USF program provides young adults with job training and help finding employment.

Closed loop local food project brings greater sustainability to University of Southern Maine.

ARAMARK and FSU student group host "Dine in the Dark" event as part of global Earth Hour effort.

Vermont's Lyndon State College has recently implemented a new system of composting waste.

A May food drive organized by ARAMARK and Old Dominion extended after great success.

Displaced from Burundi by ongoing war, jobs gives refugees a step toward normalcy.

The college is partnering with ARAMARK to design and implement a comprehensive energy program.

Olin College is on track to saving nearly $1.5 million in energy costs over three years.

ARAMARK employee volunteers give facelift to Queens Community House.


Bloomsburg University of PA repackaged and distributed 12 tons of food to those in need.

University food supplier will adopt new measures to improve sustainability.

Kari Willmott was nominated for the TRiO Student's Choice Award.

USF Surf Club and ARAMARK have always had a tradition of giving back to the local community.

25 students participated in ARAMARK'S second Annual Hot Wing Eating Contest.

Julius Jackson won first place in the 8th Annual Top Chef competition hosted by ARAMARK.


Executive chef Masahiro Yamashita wins a gold medal at the ARAMARK Culinary Excellence Competition.


The new CityKids Java Café serves up sustainable food and support for at-risk kids.

Students enjoy locally grown and harvested foods in new on-campus cafe.

With $5 combo meals, students are getting a new taste of value.

Student-run restaurant offers great learning opportunity, awesome meals.

Boston Unity Dining Services helped feed over 1,250 people this holiday season.

Brandeis Greening class works with community to bring local produce to campus.

ARAMARK and local farm work to build more sustainable food system.

Over 1,300 take part in University of Rochester Local Foods Week.

University of Maine-Farmington honored for his commitment to the community.

Get to know the Director of the University of Rochester's Eastman Dining Center.

Nearly 100 employees, friend and family celebrated the day by helping the community.

Best-selling health & lifestyle author Anne M. Fletcher is speaking at campuses nationwide.

Director of ARAMARK Fleet Operations talks about how ARAMARK is greening our roadways.

Local center gets a desperately needed - and well deserved -- renovation.

Best-selling health & lifestyle author Anne M. Fletcher is speaking at campuses nationwide.

ARAMARK invests in the first fully-chartered Boys & Girls Club to operate within a homeless shelter.

ARAMARK works with campus partners to incorporate Zero Waste practices.

Top ARAMARK chefs embark on a multinational cultural journey of a lifetime.

Dedicated employees are rewarded in the 2008 THRIVE Recognition Program drawing.

The latest edition of "Meet the 'MARK" features a key player at Vassar College Dining Services.

ARAMARK's partners at the University of Florida keep up the good work.

The ARAMARK Building Community national tour makes a stop in San Francisco.

ARAMARK teams up with the Elizabeth Peabody House in Somerville, MA.

The Tennant Company helps develop an environmentally-safe light industrial scrubber.

Students try trayless dining in an effort to support environmental stewardship.

Twenty ARAMARK employees receive prestigious Jefferson Awards.

Campus partners recycle almost 12 million pounds of waste in the 2008 RecycleMania program.


ARAMARK makes a commitment to help preserve the world's oceans and fisheries.

Students find out how much food is wasted at Old Dominion University's Café 1201.

ARAMARK helps Berklee reduce its campus-wide energy use by almost 40 percent.

ARAMARK finds Energy Star options for the University of Florida.

The new science building of Muhlenberg College wins a Silver LEED Rating.
We're committed to protecting and improving the environment by weaving an essential Green Thread through every aspect of our business.
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