New Britain, Connecticut Leverages Proven World Energy Exchange to Save on Electricity Costs

    Transparent online auction saves a projected $330,000 on electricity

    WORCESTER, MA, Dec. 5 /CNW/ - World Energy Solutions, Inc. (TSX: XWE),
the operator of leading online exchanges for energy and energy-related
products, today announced New Britain, Connecticut has completed its first
auction on the World Energy Exchange. Following the State government's recent
success with the World Energy Exchange, New Britain was able to save a
projected 15 percent on electricity costs for 2008 by leveraging World
Energy's proven online auction platform.

    New Britain Auction Highlights:

    -   Secured a 19 month fixed price contract allowing New Britain
        visibility into cost through the end of the current and next fiscal
    -   Achieved fixed budget goals and saved $330,000 over projected
        electricity costs
    -   The contract was awarded by Mayor Timothy Stewart who presided over
        the results on the day of his inauguration

    Commentary & Quotes:

    Bob Curry, Director of Finance, New Britain
    "As energy costs continue to escalate, our organization sought to procure
energy at a price that could meet our immediate and long term budget needs. By
capitalizing on the transparency and efficiency of the World Energy Exchange
we were able to achieve long term budget certainty and deliver the cost
savings required."

    Phil Adams, President and COO, World Energy
    "Traditional energy procurement methods rarely deliver the cost savings
state and local government agencies demand. By accessing World Energy's market
experts and transparent online platform, our customers including the State of
Connecticut and its local governments such as the City of New Britain are
leading the way in practicing innovative energy procurement strategies."

    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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