City of Temple, Texas Successfully Completes Energy Procurement with World Energy

    World Energy helps City of Temple to secure lower energy prices through
    transparent online auction; savings of $200,000 expected

    WORCESTER, MA, Nov. 26 /CNW/ - World Energy Solutions, Inc. (TSX: XWE),
the operator of leading online exchanges for energy and energy-related
products, today announced the City of Temple, Texas has completed its first
auction on the World Energy Exchange. Leveraging World Energy's services in
conjunction with the online reverse auction platform, City of Temple was able
to secure a rate which was well below their budgeted energy cost increase of
15 percent for 2008, and 6.4% below the agreed upon market benchmark for the

    City of Temple Auction Highlights:

    -   Six different suppliers provided 50 bids, driving the price down to a
        level which beat 2008 budget projections
    -   Achieved price discovery for four different terms ranging from seven
        to 24 month contracts
    -   Projecting $200,000 dollars of energy cost savings for 27 million
        kilowatts hours (kWh) per year

    Commentary & Quotes:

    Traci Barnard, Director of Finance, City of Temple
    "Our previous energy procurement process was typical of most state and
local government agencies - we worked through one bidder to secure a fair
price. With the World Energy Exchange we were able to efficiently entertain
offers from multiple bidders, ultimately securing a more aggressive price
through the reverse auction. However, working with World Energy is about more
than just the web-based platform and cost savings. We were able to leverage
their services and market expertise throughout the process. From developing
the transaction to addressing our requirements after the auction was
completed, we were impressed with their commitment to our success."

    Phil Adams, President, World Energy
    "As energy costs continue to increase, government agencies are seeking a
more efficient and cost effective means of procuring energy. By providing
intelligence about the nuances of the energy markets and a proven means to
achieve a competitive price, our government agency customers are able to be
more proactive in the marketplace and achieve the cost savings and budget
certainty they require."

    About World Energy Solutions, Inc.

    World Energy operates leading online exchanges for energy and
energy-related products. Our proven approach provides market intelligence,
promotes liquidity, and creates price transparency for all market
participants, enabling our customers to transact with confidence and to seek
the best possible price. To date, the company has transacted over 40 billion
kWh of electricity, 700 million kWh of green power and Renewable Energy
Certificates (RECs) and one trillion cubic feet of natural gas. For more
information, please visit

    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: our revenue is 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; we depend on a small
number of key energy consumers, suppliers and channel partners; there are
factors outside our control that affect transaction volume in the electricity
market; and there are other factors identified in our Annual Report on Form
10-K and subsequent reports filed with the Securities and Exchange Commission.

For further information:

For further information: Investor Relations, Phil Adams, World Energy
Solutions Inc., (508) 459-8100, or Craig Armitage, The
Equicom Group, (416) 815-0700 x278,; Media
Relations, Julie Crotty, Horn Group, (781) 356-7100,

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