World Energy Solutions, Inc., an operator of online exchanges for energy and green commodities, announced that Burleson Independent School District (ISD) in Texas conducted its first electricity auction via the World Energy Exchange and awarded a 36-month contract to MidAmerican Energy Company for electricity including renewable energy. Under the agreement, Burleson ISD will purchase 38.3 million kWh of electricity, including 5% renewable power, at a discount to the generic electricity 36-month fixed price.
The auction attracted multiple suppliers who collectively tallied more than 50 bids. World Energy has also recently conducted auctions for a number of cities in Texas, including Temple, Waco, Killeen and Pflugerville.
News Release - Burleson Independent School District Conducts Successful Electricity and Green Power Auction on World Energy Exchange