SmartestEnergy Selects EnerNOC's Energy Intelligence Software to Provide New Offering for Business Customers
BOSTON, Sept. 24, 2015 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), announced today that SmartestEnergy, a leading UK-based electricity supplier to industrial and commercial organizations, has selected EnerNOC's EIS platform to enable its customers to benefit from reducing demand at peak periods and gain visibility into overall energy usage.
Under this new agreement, EnerNOC will provide its industry leading energy intelligence software to SmartestEnergy, enabling the company to launch a new demand response solution to its business customers, and provide users with robust data analytics tools to identify cost savings opportunities. SmartestEnergy will manage all aspects of market participation, customer recruitment, and program administration.
"We chose EnerNOC's software because it provides the technology we need to effectively manage our participation in the UK's new capacity market for demand side response and the energy insights our customers can use to drive business performance, all in a single platform," said Robert Groves, Chief Executive, SmartestEnergy.
"Achieving world-class levels of customer retention is instrumental for energy retailers that want to stay competitive and drive bottom-line performance. EnerNOC is eager to help SmartestEnergy continue to differentiate itself as a trusted energy management partner that's committed to providing valuable products and services to its customers," said Tim Healy, Chairman and CEO of EnerNOC.
To learn more about EnerNOC's energy intelligence software, visit: www.enernoc.com/solutions/utility-solutions.
EnerNOC is a leading provider of cloud-based energy intelligence software (EIS) and services to thousands of enterprise customers and utilities globally. EnerNOC's EIS solutions for enterprise customers improve energy productivity by optimizing how they buy, how much they use, and when they use energy. EIS for enterprise includes budgeting and procurement, utility bill management, facility optimization, visibility and reporting, project tracking, demand management, and demand response. EnerNOC's EIS solutions for utilities help maximize customer engagement and the value of demand-side resources, including demand response and energy efficiency. EnerNOC supports customer success with its world-class professional services team and a Network Operations Center (NOC) staffed 24x7x365. For more information, visit www.enernoc.com.
Safe Harbor Statement
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the future growth and success of the Company's energy intelligence software, and the benefits that customers may derive from technology updates or enhancements to that software, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements can be identified by terminology such as "anticipate," "believe," "could," "could increase the likelihood," "estimate," "expect," "intend," "is planned," "may," "should," "will," "will enable," "would be expected," "look forward," "may provide," "would" or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section "Risk Factors" in EnerNOC's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, the Company's actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SmartestEnergy is the UK's leading purchaser of energy generated by the independent renewable sector. It buys electricity from more than 650 independent generation projects around the UK.
SmartestEnergy, which has offices in London, Ipswich and Glasgow, is also a UK licensed business electricity supplier to large industrial and commercial organisations including John Lewis Partnership, Toyota Motor Manufacturing and Saint-Gobain.