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GLASTONBURY, Conn. and WORCESTER, Mass., Jan. 23, 2013 (GLOBE NEWSWIRE) -- World Energy Solutions, Inc. (Nasdaq:XWES), a leading energy management services firm, today announced it has developed and successfully executed a comprehensive energy management plan for Healthtrax Fitness & Wellness (Healthtrax) that is set to save the regional health club operator more than $1 million over four years.
World Energy Solutions is helping Healthtrax Fitness & Wellness trim more than $1 million in energy costs.
A photo accompanying this release is available at
The World Energy-led project is one of the most comprehensive in the Company's history, combining multi-state, multi-facility electricity procurements via its online auction platform, the World Energy Exchange®, with several energy efficiency projects, including the installation of new high-efficiency HVAC, lighting and energy management systems. By working closely with utilities in CT and MA, World Energy secured several hundred thousand dollars of efficiency incentives and low-interest financing for Healthtrax for the needed hardware. In sum, the engagement is delivering seven-figure savings to Healthtrax with minimal out-of-pocket expense.
"World Energy has really stepped up to help us solve an energy and equipment problem that was important to our business," said Ken Navarro, CEO of Healthtrax Fitness & Wellness. "We had several sites with aging HVAC units. The team at World Energy closely evaluated our situation and produced a playbook that has enabled us to pay less for energy, use less of it, and maximize incentives from the utilities to make the purchase and implementation of these new systems possible.