EnerNOC's Procurement Platform Gains New Features | Enel X

BOSTON, May 24, 2017 (GLOBE NEWSWIRE)—EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of demand response solutions and energy intelligence software, announced today that the latest feature enhancements in its award-winning energy procurement platform, the EnerNOC Energy Exchange, help customers make more proactive purchasing decisions.

"Savvy energy consumers don't wait for contracts to expire to make their next purchase; instead they proactively monitor market conditions and seize on favorable purchasing opportunities. The latest enhancements to the EnerNOC Energy Exchange make it easier for customers to do that," said Tim Healy, Chairman and CEO, EnerNOC. 

The new features include:

  • Opportunity Ranking: EnerNOC's opportunity ranking algorithm automatically tracks and prioritizes favorable purchasing opportunities to ensure buyers are positioned to make proactive decisions.
  • Manage Exposure to Market: This feature enhancement enables EnerNOC customers to customize triggered alerts when real-time prices are spiking. These automated triggers help customers monitor market fluctuations and the impact these factors have on their energy purchasing strategy and budget.
  • Peak/Off-Peak Pricing Triggers: By more discreetly distinguishing between on- and off-peak pricing, new triggers can alert customers to favorable buying opportunities.

"As a publicly traded real estate investment trust, we create value through leasing, repositioning, expansion, redevelopment, as well as ground up development.  As such, we strategically purchase and sell assets. The EnerNOC Exchange and advisory team provides us with the insights and information we need to proactively manage our supply activity in this complex business and market environment," Matthew Praske, Energy & Sustainability Manager, Washington Real Estate Investment Trust.  

For more information about EnerNOC's energy procurement solutions, please visit https://www.enernoc.com/products/energy-procurement

About EnerNOC

EnerNOC is a leading provider of energy intelligence software (EIS) and demand response solutions. With capabilities to better address budgets and procurement, utility bill management, facility analysis and optimization, sustainability and reporting, project tracking, and demand management, EnerNOC's SaaS platform helps enterprises control energy costs, mitigate risk, and streamline compliance and sustainability reporting. EnerNOC also offers access to more demand response programs worldwide than any other provider, offering enterprises a valuable payment stream to further enhance bottom line results and utilities and grid operators a reliable, cost-effective demand-side resource. For more information, visit www.enernoc.com and follow @EnerNOC.

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 Company's future financial performance on both a GAAP and non-GAAP basis, and the future growth and success of the Company's energy intelligence software and demand response solutions, 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.

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