SOURCE: World Energy Solutions

World Energy Solutions

September 28, 2010 08:30 ET

World Energy Introduces Buyer's Guide for Demand Response

5-Step Process Helps Businesses Maximize the Value of Their Curtailment

WORCESTER, MA--(Marketwire - September 28, 2010) - Signaling its growing leadership in energy management, World Energy Solutions, Inc. (NASDAQ: XWES) (TSX: XWE) today introduced an informative new buyer's guide for demand response, the popular grid-sponsored programs that pay businesses not to use energy during times of peak demand. Written with end customers in mind, World Energy's demand response buyer's guide addresses key questions and concerns of businesses looking to participate in the market and maximize their returns in it.

Demand response is a fast-growing opportunity, with Pike Research predicting triple digit growth from 2010 to 2015 and Barclay's Capital sizing the market at $20 billion by 2020. On the heels of one of the hottest summers on record, and an active demand response season that financial firm Divine Capital has called "The Summer of DR," demand response providers -- the aggregators of demand response -- are actively pursuing customers now for their 2011 curtailment assets. As such, customers need to be prepared, understand their options, and drive contract terms in their favor as the true heroes of demand response, something World Energy's Buyer's Guide sets to accomplish.

"Demand response is quickly moving from 'found money' to a prominent role in the energy management strategies of businesses and government entities across the energy landscape," said Phil Adams, President, World Energy Solutions. "The new buyer's guide provides customers a clear path to effectively engage the market, participate in it, and get the returns they deserve for their curtailment."

Earlier this year, World Energy introduced the World DR Exchange™, the industry's first online marketplace for demand response. It delivers three key benefits to customers wishing to participate in demand response: apples to apples comparison of contract terms; price discovery; and an ultra-competitive process that drives revenue "splits" -- the percentage of the grid payout they receive from the demand response provider -- in their favor. Demand response providers benefit as World Energy's approach helps drive down sales and marketing costs, bringing qualified customers to them at virtually no acquisition cost.

For more information on World Energy and demand response, including a free copy of the new buyer's guide and accompanying video with Company President, Phil Adams, please see: www.worldenergy.com/dr.

About World Energy Solutions, Inc.
World Energy Solutions, Inc. (NASDAQ: XWES) (TSX: XWE) is an energy management services firm that applies an award-winning combination of people, process and technology to help clients manage energy as a strategic asset. To date, the Company has transacted more than $20 billion in energy, demand response, and environmental commodities on behalf of its Government, Commercial & Industrial, and Utility customers, creating more than $1 billion in value for them. World Energy is also a leader in the growing global carbon market, where its World Green Exchange® supports the ground-breaking Regional Greenhouse Gas Initiative's (RGGI) cap and trade program for CO2 emissions. For more information, please visit www.worldenergy.com.

This press release contains forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to the following: our revenue and backlog are dependent on actual future energy purchases pursuant to completed procurements; the demand for our services is affected by changes in regulated prices or cyclicality or volatility in competitive market prices for energy; and there are factors outside our control that affect transaction volume in the electricity market. Additional risk factors are identified in our Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission.

Contact Information

  • For additional information, contact:

    Dan Mees
    World Energy Solutions, Inc.
    (508) 459-8156
    Email Contact

    Erika Moran
    The Investor Relations Group
    (212) 825-3210
    Email Contact