When researching energy management - or choosing the right partner - there is a lot to take in. Methodology, approach, service, tools, and efficiency are all factors. Our resource hub makes it simple to find the information you need to make smarter business decisions.
Lots in the news these days about the traction – and funding – energy efficiency programs are gaining in the Northeast and across the country. Just last week Lawrence Berkeley National Labs published a report on an anticipated increase in energy efficiency programs funded by electric and natural gas utility customers, a dramatic doubling to [...]
Savings Set to Grow as Leading Plastics Manufacturer Engages World Energy in Multi-Year Energy Management Contract St. Louis, MO and Worcester, MA – May 22, 2012 – World Energy Solutions, Inc. (NASDAQ: XWES), a fast-growing energy management services firm, today announced it has won a new three year energy management contract with Spartech Corporation (NYSE: [...]
GSA Energy Division Turns to Innovative Demand Response Sourcing Tool, the World DR Exchange®, to Extract More Value from Markets and Offset Risk Worcester, MA – March 1, 2012 – World Energy Solutions, Inc. (NASDAQ: XWES), a leading energy management services firm, today announced it successfully teamed with the GSA Energy Division to auction approximately [...]
I recently led a well-attended webinar for Demand Response participants in the PJM region. Its intent was to inform people about the implications that are occurring as a result of PJM’s transition to a “capped” or “pure forward capacity” market. In short, there is only so much capacity available at certain price levels on an [...]
Natural gas prices dropped to a 28 month low yesterday, following the release of EIA data showing storage levels significantly above five-year average levels. Warm weather across the country has lowered demand while output levels are at record highs due to new supplies from shale formations. There is considerable speculation that these factors could continue [...]
The Situation NYC-based hospital group has an electric contract that runs through August 2012. Their current rate is $.1099/kwh. World Energy Action World Energy saw an opportunity to extend the contract at lower rates, blending the existing price with the lower rate, resulting in immediate savings. World Energy requested offers from all suppliers and also requested blend/extend offers [...]
The Situation A New England State had many interruptible accounts with very high costs. The interruptible rate was linked directly to fuel prices, which were much higher than natural gas. World Energy Action Since the State was paying a higher cost for less service, we helped the State switch accounts from an interruptible to a firm [...]
The Situation Customer’s energy expense is a significant portion of their overall cost structure and they elect to obtain fixed prices when appropriate. Current electricity and natural gas contracts deals expire in November 2011 and December 2011, respectively. World Energy Action World Energy monitors and updates customer on market movements prompting them to seek extensions. [...]
The Situation New government customer faced a 30% electric rate increase as rate caps expired in PA. World Energy Action World Energy aggregated 35 accounts onto one contract, getting a single price that got the customer budget certainty for 23 months. Ran multiple auctions testing green parameters. Result County saved over $50,000 over the life [...]
The Situation Hospital in state aggregation group suspected it wasn’t getting a great rate on power. World Energy Action World Energy put together an auction, while also soliciting a “best bid” from the supplier chosen by the aggregation group. Result The auction resulted in over $200K in savings over the aggregation rate. The incumbent supplier [...]
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