Northwest Community Hospital Deploys EnerNOC’s MBCx Energy Efficiency Platform to Drive Cost Savings, Help Fund Patient Initiatives

EnerNOC, Inc. - 10.13.2009

EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of clean and intelligent energy solutions, today announced that it has signed a multi-year contract with Northwest Community Hospital (NCH), located in Arlington Heights, IL, to provide its Monitoring-Based Commissioning (MBCx) energy efficiency solution. Still in its initial deployment stage, EnerNOC's application has already identified more than $300,000 of potential energy efficiency savings opportunities that can be achieved primarily through low-cost or no-cost measures. The contract with NCH is the latest in a series of EnerNOC MBCx wins that include several Fortune 500 customers, commercial office properties, and universities.

“Hospitals are very budget-conscious organizations that also have stringent operational requirements. We’re excited to extend the benefits of our MBCx platform to NCH and deliver significant savings through better energy management. Our platform leverages NCH’s existing systems while not only maintaining, but in many instances improving, patient comfort,” said Tim Healy, Chief Executive Officer, EnerNOC.

NCH has been a long-time EnerNOC demand response customer, earning approximately $129,000 annually, or over 3 percent of its energy bill, in demand response payments. NCH is using a portion of its demand response payments from EnerNOC to pay for the MBCx implementation, which is expected to deliver energy savings of 8 to 12 percent of its annual energy spend through no-cost operational improvements and low-cost capital improvements. MBCx uses streaming data from the existing building management system to deliver a continuous and persistent energy savings solution that will also help NCH ensure that its new LEED Silver patient care center, opening in 2010, will have the most efficient and advanced energy management systems available.

“NCH is an energy-intensive operation, and anything we can do to trim expenses means more money for patient care,” said Tom Johnson, Director of Plant Operations, for the hospital. “EnerNOC’s MBCx solution provides significant savings opportunities as soon as it is turned on and connected to their Network Operations Center. It’s a natural complement to our relationship with EnerNOC, making use of their existing technology on-site and making even greater use of the demand response payments that we’ve become accustomed to receiving from them.”

EnerNOC’s MBCx platform combines advanced metering technology with sophisticated analysis software to provide insights into facilities’ energy usage data. EnerNOC analysts review the energy data and provide customers with clear, actionable, low- or no-cost recommendations that can help them reduce energy consumption, prioritize maintenance issues, and enhance occupant comfort.

For information about EnerNOC’s energy management solutions, please visit http://www.enernoc.com/solutions/ or email info@enernoc.com.

About EnerNOC

EnerNOC, Inc. is a leading provider of clean and intelligent energy solutions, which include demand response services, energy efficiency, or monitoring-based commissioning services, energy procurement services, and emissions tracking and trading services. These solutions help optimize the balance of electric supply and demand, provide cost-efficient alternatives to traditional power generation, transmission, and distribution resources, and drive significant cost-savings for its customers. The Company uses its Network Operations Center, or NOC, and PowerTrak® enterprise software platform to remotely manage and reduce electricity consumption across a growing network of commercial, institutional, and industrial customer sites, making demand response capacity available to grid operators and utilities on demand while helping end-users of electricity achieve energy savings, environmental benefits, and improved financial results. 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 demand response and energy management solutions and the ability of EnerNOC’s customers to derive benefits from such solutions, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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, EnerNOC’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.

« All Demand Response News