GISuser.com

Mobile, Technology, and Business news

  • PRESS
    • Submit PR
    • Top Press
    • Business
    • Software
    • Hardware
    • UAV News
    • Mobile Technology
  • FEATURES
    • Around the Web
    • Social Media Features
    • EXPERTS & Guests
    • Tips
    • Infographics
  • Events
  • CAREERS
  • Advertise
    • Advertise
  • Shop
  • Tradepubs
  • facebook
You are here: Home / News / Eco friendly and Green Geo Solutions / Commonwealth of Massachusetts To Save $10M on Electricity Costs with SAIC and World Energy

Commonwealth of Massachusetts To Save $10M on Electricity Costs with SAIC and World Energy

July 9, 2009 By Editor

Boston and Worcester, MA – July 9, 2009 – World Energy Solutions, Inc. (NASDAQ: XWES; TSX: XWE), an operator of online exchanges for energy and green commodities, and Science Applications International Corporation (SAIC) [NYSE: SAI] today announced the Commonwealth of Massachusetts has contracted for over 363 million annual kWh of electricity using the World Energy Exchanger.

 The 24-month contracts, which commenced July 1, 2009, are projected to deliver over $10M in savings to the State. The awarded supplier is Direct Energy.
 
SAIC and World Energy conducted the online auctions on May 19, 2009, marking the fourth successful event they have assisted the Commonwealth with since teaming in 2005 to support the State’s energy procurements. The auctions attracted many of New England’s top energy suppliers, were highly competitive and resulted in contracts that will power accounts for the State’s executive agencies, including the Department of Capital Asset Management, Department of Conservation and Recreation, State Police, Trial Court, and Department of Corrections. A number of large non-executive State agencies also awarded contracts through the auction, including the Massachusetts Turnpike Authority.
 
"World Energy has worked in the energy markets since 2001 to establish itself as the trusted, low-cost service provider for our customers, including Federal, State and Local governments, utilities and the Fortune 1000," said Richard Domaleski, CEO of World Energy. "In that time, we have earned a reputation for running transparent, protest-free events, just one of the many reasons States such as Connecticut, Maryland and Massachusetts are among our biggest repeat customers."
 
"As a Worcester, Mass.-based company, we take great pride in our relationship with the Commonwealth of Massachusetts and greatly value the opportunity it continues to provide World Energy to showcase our people, process and technology, and ultimately the value we deliver our customers."
 
Added J.T. Grumski, SAIC senior vice president and business unit general manager, "We received more than 140 bids through the auction event. The State was able to quickly compare prices for various terms and make awards shortly after receiving the last bid. This helped lower bid prices by reducing suppliers’ market risk exposure. There was a great deal of excitement in the room as representatives from many of the State agencies watched the results unfold in real-time during the live viewing of the auction in Boston."
 

About SAIC
SAIC is a FORTUNE 500r scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company’s approximately 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit www.saic.com.
 
About World Energy Solutions, Inc.
World Energy (NASDAQ: XWES; TSX: XWE) operates online exchanges for energy and green commodities. For buyers and sellers of electricity, natural gas, capacity, and green- energy assets who are impacted by today’s volatile markets, World Energy’s proven approach has transformed the normally complex procurement process into a powerful, streamlined vehicle for cost savings. In addition to enabling customers to seek competitive pricing on traditional energy commodities, World Energy is taking a leadership position in the emerging environmental-commodities markets. Its award-winning World Green Exchanger 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.
 

Filed Under: Eco friendly and Green Geo Solutions Tagged With: SAIC






Editor’s Picks

Apple maps connect

Top 10 Online Local Search and Map Services Where your Business HAS to be listed!

20th INTERGEO opens in Berlin!

USGS Lidar Base Specification Version 1.2

Tripomatic – Custom Maps Built entirely with OpenSource Mapping Tools

See More Editor's Picks...

About Editor

Glenn is a geographer and a GIS professional with over 20 years experience in the industry. He's the co-founder of GISuser and several other technology web publications.

Feed

  • RSS


GIS jobs


Recent Features

Digitalization and Simulation at the North Pole

Natural Gas District & GIS-Centric Asset Management

5 Ways Technology Is Affecting The Sharing Economy

Spotlight – Township Canada: Explore Canadian Legal Land Descriptions on a Map

GeoGeeksinCars – The one in “Tippy” the right-hand drive Mitsubishi, at DevSummit

More Posts from this Category

Categories

Recent Posts

  • URISA Announces 2022 Young Professional Scholarship Winners
  • Types of Skills Assessments for Recruiters to Consider 2022
  • Dota 2 Betting: Top Tips for Beginners
  • 10 Ways How Can a Student Make Money Online
  • Where to Get $800 – $900 Loan with NO Credit Check

RSS Career Tips

  • Four Characteristics of the Best Virtual Employees
  • 28 Tools to Conquer the Social Media Recruiting World
  • 8 Questions Employers Should Ask About Coronavirus
  • Jobcase Launches Free Unemployment Resource Center for Workers Impacted by COVID-19
  • Must-Have Gadgets and Technology for the Remote Office Worker


shop for geogeek swag

RSS Tech pubs

  • Increase in emergency-response time caused by insufficient staffing
  • Comprehensive Guide to New E-Discovery Technology
  • 10 Ways to Redefine Document Review

RSS Computers

  • HackerProof: Your Guide to PC Security
  • Windows... On Speed
  • The Idiot's Ultimate Guide to Build Your Own PC

RSS HR Tips

  • Increase in emergency-response time caused by insufficient staffing
  • 2022 Biweekly Payroll Calendar Template
  • How To Write a Business Case for New ATS Software

RSS Gov Tech

  • Increase in emergency-response time caused by insufficient staffing
  • 2000+ Government Customers Reveal a Roadmap to Fleet Management Success
  • Delivering Healthcare Workflow Automation and Orchestration

RSS UAV news

  • UAS Drone’s Subsidiary, Duke Robotics, to introduce the IC Drone, a revolutionary, safer, and cost-efficient drone technology for conducting routine maintenance of critical infrastructure
  • Dedrone Launches DedronePortable for Military and Commercial Entities Around the World
  • Preliminary Agenda Announced for 2022 UAS Summit & Expo

RSS Geojobs

  • IT Endpoint Technician
  • Help Desk Technician
Copyright Spatial Media LLC 2003 - 2015