People, processes, and technology focused on accountability and bottom-line impact.
World Energy Solutions, Inc. (NASDAQ: XWES) is an energy management services firm that brings together the passion, processes, and technologies to take the complexity out of energy management and turn it into real bottom-line impact for the businesses, institutions and governments we serve.
Formerly viewed as an expense whose price was regulated, energy now requires strategic management using state-of-the art procurement methodologies, sophisticated risk management approaches, ROI-based efficiency implementations and vigilant opportunism to take advantage of emerging incentive programs and pending regulations. With its vast experience transacting across deregulated markets and commodity types, World Energy singularly delivers the comprehensive scope of services needed to help customers move beyond fighting energy battles and start winning the war.
World Energy was founded in 2001 to address new opportunities created by the convergence of two mega-trends: B2B e-commerce and electricity deregulation. While many firms saw similar opportunities, none executed as well as World Energy in bringing Internet efficiencies to opaque energy commodities markets. To date, the Company has transacted more than $45 billion in energy, demand response and environmental commodities on behalf of its Government, Commercial & Industrial, and Utility customers, creating more than $3 billion in value for them. Also a leader in the global carbon market, the World Energy Exchange supports the Regional Greenhouse Gas Initiative (RGGI), the first mandatory market-based regulatory program in the U.S. to reduce greenhouse gas emissions.
World Energy is headquartered in Worcester, Massachusetts, with regional offices in Cromwell and Enfield, Connecticut; Dublin, Ohio; Southfield, Michigan; Philadelphia, Pennsylvania; Dallas, Fort Worth, and The Woodlands, Texas; and Washington, DC.