BOSTON, Sept. 24, 2013 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq: ENOC ), a leading provider of energy intelligence software, today announced that EnerNOC and the Massachusetts Department of Energy Resources (DOER) have won the 2013 Region I Energy Project of the Year Award from the Association of Energy Engineers. The award recognizes DOER's data-driven approach to energy management utilizing EnerNOC's EfficiencySMART TM cloud-based energy intelligence application. EnerNOC and DOER will be honored at a celebration today, the day prior to the opening of the World Energy Engineering Congress, at the Washington Convention Center in Washington, D.C.
"DOER is a leader in using real-time data to improve energy efficiency, and in leveraging energy intelligence software for better energy management," said Gregg Dixon, Senior Vice President of Marketing and Sales at EnerNOC. "This project is a great example of Massachusetts driving innovation in energy management, and we're honored to be recognized for our work with DOER."
DOER began its current Leading by Example energy management initiative for state owned or operated facilities in June 2010. Using funding from an American Recovery and Reinvestment Act grant, DOER worked with EnerNOC to install close to 1,300 meters at 460 buildings, including university and community college facilities, hospitals, trial courts, state office buildings, and prisons. The meters stream real-time data for all energy commodities through EnerNOC's EfficiencySMART platform, allowing agencies to track and analyze energy usage over time. DOER and state agencies can use the data to identify opportunities for savings, which a third-party estimated should yield 5 to 15 percent savings on the Commonwealth's energy spend.
Sample energy savings include:
- One state university used real-time data to identify usage that was abnormally high at its campus ice rink compared to the previous year. Through changes to the building control settings, the university saved an estimated $30,000 over just two months last year.
- Using real-time data, a community college was able to delay building start-up by one to two hours, reducing energy usage and saving an estimated $2,500 over the course of the year.
- Real-time data helped a facility manager identify that a dorm had started running 24/7, without any night setback. Had buildings controls not been adjusted, this issue would have cost the university an extra $1,700 in energy costs per year.
"The Patrick Administration's Leading by Example program has implemented innovative ways to reduce the Commonwealth's energy consumption to save money and reduce environmental impacts," said DOER Commissioner Mark Sylvia. "Real-time metering means that facility managers at state colleges, prisons, and office buildings can achieve energy savings and reduce greenhouse gas emissions. We thank EnerNOC for its partnership on this project and AEE for recognizing our work."
To learn more about EnerNOC's suite of energy intelligence applications, go to enernoc.com/for-businesses .
About EnerNOC
EnerNOC is a leading provider of energy intelligence software and related solutions. 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 Solutions™ 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: DemandSMART™, comprehensive demand response; EfficiencySMART™, continuous energy savings; and SupplySMART™, 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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The Massachusetts Department of Energy Resources (DOER) develops and implements policies and programs aimed at ensuring the adequacy, security, diversity, and cost-effectiveness of the Commonwealth's energy supply within the context of creating a cleaner energy future. DOER is an agency of the Executive Office of Energy and Environmental Affairs.
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 management applications and services, including its EfficiencySMART application, and the benefits that customers may derive from those applications and services, 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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