RE: Prudent Energy VRB
Nothing stinky here.
As a result, Gills Onions is expected to save hundreds of thousands of dollars each year in operating expenses.
Prudent Energy Services Corporation, a wholly-owned subsidiary ofBethesda, Maryland- based Prudent Energy Corporation, will build, ownand operate the VRB-ESS™ in return for a share of the energy savingsresulting from the project. Those energy savings are calculated as theavoided charges, costs and fees that would otherwise be paid by Gills tothe local utility. These charges can be very high given the facility’senergy-intensive, round-the-clock operation.