ESB Electric Ireland signs €22 million contract with eircom

Pictured left to right are: ESB Electric Ireland Industrial & Commercial Business Manager; Derek Russell; eircom Director Group Procurement and Supply Chain Management; Paul Quinn and ESB Electric Ireland Customer Relationship Manager; John Drinan.

ESB Electric Ireland has signed a €22 million contract to service eircom’s strategic energy requirements over the next two years.
As part of the contract, ESB Electric Ireland will supply electricity to 81 major telephone exchanges and installations and eircom’s corporate headquarters at Heuston South Quarter, and support the company with long range energy procurement.
ESB Electric Ireland’s industrial & commercial business manager, Derek Russell said the company had developed a flexible contract that would help drive cost-savings.
“Volatility in wholesale energy markets, such has been the case in recent times, can make it difficult for large energy users to accurately forecast their long term needs and costs. We have structured this new contract in a way which brings the client ‘inside’ our energy trading centre and enables them to leverage the experience we have in managing the gas, carbon and foreign exchange inputs that determine their final energy costs,” said Russell.