EnerNOC Signs Utility Contract Extension for Energy Efficiency in Northern California
EnerNOC Software and Expertise Helps California's Largest Electric Utility Meet Its Energy Efficiency Goals
BOSTON, March 12, 2013 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy management applications, announced today that it has extended one of its largest utility contracts to deliver energy efficiency solutions to commercial and industrial (C&I) energy users. Under the terms of the contract, two industrial energy efficiency programs — one targeted at the food processing sector and the other targeted at the oil and gas production sector — as well as a monitoring- based commissioning program for conditioned space, will be extended through December 31, 2014.
"This extension is a testament to the strength of our team and the value of our energy efficiency solutions. We are honored to have the opportunity to help utilities achieve their demand-side management goals through our energy efficiency applications and services," said Tim Healy, Chairman and CEO of EnerNOC. "Around the world, EnerNOC has built its reputation as a company that delivers the committed megawatt and megawatt-hour savings that utilities expect."
EnerNOC also has a contract to deliver demand response services in Northern California, providing C&I enterprises the opportunity to benefit from EnerNOC's integrated energy efficiency and demand response solutions, otherwise known as integrated demand-side management (IDSM). This integrated energy management approach allows EnerNOC to ensure that utilities and C&I enterprises alike maximize the value of their demand response and energy efficiency initiatives.
These programs are administered by Pacific Gas and Electric Company and funded by California utility customers under the auspices of the California Public Utilities Commission.
EnerNOC is a leading provider of energy intelligence software. EnerNOC unlocks the full value of energy management for utility and commercial, institutional, and industrial (C&I) customers by delivering a comprehensive suite of demand-side management services that reduce real-time demand for electricity, increase energy efficiency, improve energy supply transparency in competitive markets, and mitigate emissions. EnerNOC's Utility SolutionsTM offerings, which include both implementation and consulting services, are helping hundreds of utilities and grid operators worldwide meet their demand-side management objectives. EnerNOC serves thousands of commercial, institutional, and industrial customers worldwide through a suite of energy management applications including: DemandSMARTTM, comprehensive demand response; EfficiencySMARTTM, continuous energy savings; and SupplySMARTTM, energy price and risk management. EnerNOC's Network Operations Center (NOC) offers 24x7x365 customer support. For more information, visit www.enernoc.com.
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