State of Maine Joins EnerNOC DemandSMART Demand Response Network

EnerNOC, Inc. - 03.17.2010

EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of clean and intelligent energy management applications and services, today announced that the executive branch facilities of the State of Maine (the State) have joined its DemandSMART network. In the first wave of enrollment which includes six different facilities across Maine that signed up last November and December, the State will be able to reduce enough demand from the grid during peak periods to power the equivalent of thousands of households.

Demand response programs pay electricity users in exchange for agreeing to reduce demand on the electric grid during urgent periods, such as peak usage or high energy prices. This also helps stabilize electricity resources throughout the region and keep rates affordable.

“The State of Maine’s participation in demand response is good for all Maine residents,” says Governor John Baldacci. “We are helping ensure a reliable grid and the direct benefits will lower the cost of electricity to State facilities and the cost of operating the State government.”

When the region’s electricity grid is under stress, the New England electric grid operator will send a signal to EnerNOC, which will in turn dispatch its network of participating sites. Businesses and organizations in EnerNOC’s DemandSMART network respond by reducing electricity demand in a variety of ways, many of which are virtually unnoticeable to workers and visitors on a short-term, emergency basis. The State’s west campus in Augusta, for example, expects to reduce more than 200 kilowatts of electricity for a limited period of time, in part by adjusting temperature and chilled water set points a few degrees in four administrative buildings. The west campus and several correctional facilities across the state are among the buildings already enrolled. Maine currently expects to see approximately $74,000 in payments annually and $184,000 over the life of the current agreement.

 

“Local and state governments throughout the United States face the unique challenge of balancing fiscal concerns with environmental initiatives. Demand response enables the State of Maine to take strides in both directions,” said Tim Healy, Chairman and CEO of EnerNOC.

EnerNOC, which has more than 6,500 commercial, institutional, and industrial sites in its demand response network, has deep experience working with state and local governments, such as the States of New Mexico, Connecticut, Rhode Island, Vermont, the City of Boston, and Suffolk County, New York, among others. EnerNOC was selected in Maine through a competitive, advertised process. More State facilities in Maine beyond those in the current group are expected to be added to the program over time.

For information about joining EnerNOC’s demand response network, please visit http://www.enernoc.com/solutions/ or email info@enernoc.com.

About EnerNOC

EnerNOC unlocks the full value of energy management for our utility and commercial, institutional, and industrial (C&I) customers by reducing real-time demand for electricity, increasing energy efficiency, improving energy supply transparency in competitive markets, and mitigating emissions. We accomplish this by delivering world-class energy management applications including DemandSMART™, comprehensive demand response; SiteSMART™, data-driven energy efficiency; SupplySMART™, energy price and risk management; and CarbonSMART™, enterprise carbon management. Our Energy Network Operations Center (EnerNOC) supports these applications across thousands of C&I customer sites throughout the world. Using our C&I customers’ energy usage flexibility, we make capacity, energy, ancillary services, and carbon products available to grid operators and our more than 100 utility customers on demand as a cost-effective alternative to traditional power generation, transmission, and distribution. For more information, visit www.enernoc.com.

 

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