This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Wyckoff Heights Medical Center Embraces Green, Procures 100% Renewable Power Through World Energy Solutions

BROOKLYN, N.Y. and WORCESTER, Mass., March 12, 2013 (GLOBE NEWSWIRE) -- World Energy Solutions, Inc. (Nasdaq:XWES), a leading energy management services firm, today announced it has teamed with GNYHA Services to help Wyckoff Heights Medical Center, a 350-bed teaching hospital in Brooklyn, successfully procure more than 28 million kWh of electricity from renewable sources. The resulting 24-month contract is expected to dramatically reduce the hospital's carbon footprint while cutting its electricity costs by approximately $120,000.

Through a series of online auctions run on the World Energy Exchange®, Wyckoff Heights Medical Center was able to test pricing for various terms and products in an efficient and transparent manner. In all, the competitive event attracted nine suppliers, who over the course of 45 minutes submitted more than 90 bids, resulting in a new contract for 100% green power – a first for the hospital. Delivery under the new contract terms begins in April 2013.

By purchasing 100% green energy, Wyckoff Heights Medical Center is expecting to reduce its carbon dioxide emissions by 10,030 metric tons each year. This reduction is the equivalent of each of the following:
  • Annual greenhouse gas emissions from 2,090 passenger vehicles
  • CO 2 emissions from 1,124,459 gallons of gasoline consumed
  • CO 2 emissions from 23,326 barrels of oil consumed
  • CO 2 emissions from the electricity use of 1,502 homes for one year

(Source: EPA Greenhouse Gas Equivalencies Calculator)

"Going green is an important part of our evolution as a care provider for our community," said Ramon Rodriguez, CEO, Wyckoff Heights Medical Center. "World Energy and GNYHA Services delivered a great process for procuring green power, one that attracted more suppliers to compete for our business, drove aggressive bidding, and ultimately resulted in a landmark purchase – at a great price – for our medical center."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs