World Energy and SAIC Support General Services Administration's Energy Center of Expertise Winning Coveted DoE Federal Energy Management Award
WORCESTER, Mass.--June 17, 2003--DOE's Award for "Innovative Technology for Small Groups" Cites Highly Successful New York State Electricity Procurement Projected to Save $24mm over 3 years
The Department of Energy has awarded the General Services Administration's Energy Center of Excellence (ECOE) a 2002 Federal Energy Management Award for Innovative Technology for Small Groups. Richard Butterworth, Mark Ewing, Linda Collins and Brian Magden were cited for using the team of Science Applications International Corporation (SAIC) and World Energy Solutions procurement services, including extensive market knowledge and reverse auction technology, to execute their electricity procurement in New York State.
In its citation, the DoE lauds the GSA for its efforts to "mirror how industry procures and sells energy as well as to meet Federal acquisition regulations. The Energy Center of Expertise awarded a delivery order to Science Applications International Corporation to use the World Energy Solutions electronic web-based reverse auction platform. ECOE's first e-commerce web-based energy procurement provided a quicker, more efficient way to solicit competitive bids on energy supply. The reverse auction electricity procurement avoided duplications of effort, saved time and resources and allowed Federal agencies and organizations to focus their attention on critical missions."
The citation further states that "ECOE's $165 million energy procurement spanned 6 utility service territories and involved 20 competitive electricity suppliers, 10 qualified agencies, and approximately 900 electric accounts. It resulted in the fulfillment of approximately 624 gigawatt hours of annual electricity requirements, which is enough power for 62,000 residential homes for one year.
"In certain service territories there was a 35 percent difference between the highest and lowest bids representing tens of millions of dollars in reduced pricing for GSA and its customers. The deregulated electricity industry in New York State combined with GSA's e-commerce reverse auction will save approximately $24 million over a three year period. This procurement proves that GSA can provide cost-effective solutions for energy services as demonstrated by program growth of approximately 700 percent in 12 months."
Linda Collins, National Energy contracting officer, GSA stated "We are extremely proud to have been selected for this prestigious award. This award is a testimony to great technology, meticulous process, and coordinated teamwork. The SAIC/World Energy team partnered with the NY Region to run an extremely professional and effective procurement. Because New York was so successful, we have turned to the SAIC/World Energy team to support our NY renewals and significant electricity procurement in Texas. We are also in the midst of procuring Natural Gas on a national basis with this team. We are delighted with the service and results we receive from these capable energy professionals."
"We viewed the technology as a significant enabler to our process," said Brian K. Madgen, Regional Energy Coordinator, GSA NY, "The prior year, with manual RFP methods, we were only able to place 130 accounts. Using the reverse auction platform, we were able run over 50 separate auctions that enabled us to segment our load and offer it to suppliers that specialize in different load factors, terms and territories. As a result, we were able to place 900 accounts with six separate suppliers."
Thad Wolfe, Director of Strategic Development at SAIC, stated "This award is the culmination of a tremendous amount of work on all sides. We are extremely proud to be a part of this success. Working with World Energy is of incredible value to us, as World Energy's deep expertise in deregulated energy markets and state-of-the-art technology complements SAIC's process consulting and government contract expertise. This collaboration creates a true synergy."
Richard Domaleski, President of World Energy Solutions, said "We are pleased that the GSA is now being recognized for their application of today's latest technologies and business processes. The ECOE has been on the forefront of implementing technology to improve their processes and save taxpayer dollars. We remain committed to this award-winning team, and look forward to continuing to support them as they procure energy in other geographies."
About GSA
Created in 1949, GSA is an independent executive branch Federal agency with an annual budget of $18 billion and 14,000 workers who are responsible for the acquisition of government supplies, services and space. More information about GSA can be found on the Internet at www.gsa.gov.
About SAIC
SAIC is the nation's largest employee-owned research and engineering company, providing information technology, systems integration and eSolutions to commercial and government customers. SAIC engineers and scientists work to solve complex technical problems in national security, homeland defense, energy, the environment, telecommunications, health care and transportation. With annual revenues of $6.1 billion, SAIC and its subsidiaries, including Telcordia Technologies, have more than 41,000 employees at offices in more than 150 cities worldwide. More information about SAIC can be found on the Internet at www.saic.com.
About World Energy Solutions
World Energy Solutions, Inc. (WE) is the trusted source for energy procurement, bill payment, and usage analysis solutions - with over 65% market share in on-line procurement. Having procured more than 3bb kWh of energy under contract - valued at nearly $300 million, World Energy is the market leader for commercial and government customers.
More information about World Energy Solutions, Inc. can be found on the Internet at www.wexch.com.