Volume 3: Jan.Feb 2005
 
  Welcome to EnerNOC-On Demand, our new bi-monthly newsletter.
Customer Spotlight
Pathmark Becomes EnerNOC Enabled, Looks to Expand its DR Portfolio
 
Also In This Issue
EnerNOC Secures Additional Round of Funding; Foundation Capital's Adam Grosser Joins Board of Directors
Connectivity Arsenal Strengthened by Wireless Solution
Upcoming Events
  March 16, 2005
EnerNOC to participate in the New York Energy Consumers Council's seminar, Voluntary Demand Curtailments: Options, Benefits, and Caveats.

 

March 23, 2005
EnerNOC will present at the Cleantech Venture Forum VI in San Francisco

Staffing Update
 

Core Team Hits the Ground Running in 2005

When the fourth quarter of 2004 closed, it was evident to CEO Tim Healy that the team EnerNOC set out to assemble in 2004 had finally come together. "EnerNOC is very selective when bringing in new talent. As in all of our business endeavors, we do not settle for second best. The highly capable and competitive team we have right now is the core around which we will build - it gives us the right formula for achieving great success in the future," said Tim.

EnerNOC's latest hiring drive added team members across several functional areas, including software engineering, operations, marketing, and sales/business development.

   
Feature Article


EnerNOC's Formula for Exceeding Customer Expectations

Written by Tim Healy, CEO

 

A few years ago, the challenge for EnerNOC was finding the answers to two questions. First, how do we make things simple for customers in the electricity market, one of the most complicated, dynamic markets in the world? Second, how do we exceed customer expectations where others have tried and few have excelled?

During the past several years, EnerNOC has installed its energy management system at hundreds of customer sites and has dozens of marquee customers, whose early feedback suggests that we are getting the answers right to those first two questions.

Now, the challenge for EnerNOC is managing the backlog of customer interest in our company's technology, managed services, and ideas for the future. It is gratifying to experience this positive response from customers in the market. It also is important for us to understand what it is we are doing to get this response, so that EnerNOC continues to exceed our customers' expectations in the future.

#1: We are providing immediate financial gains for our customers. Our customers receive financial benefits for helping the grid avert outages by providing utilities and system operators with inexpensive, reliable, quick response electrical capacity that might otherwise not be available.

#2: We are making customer participation simple. We educate customers about market opportunities, enabling technologies, and appropriate risk management. We provide accurate estimates of reimbursements, payments, and forecasted electricity savings. We manage the complicated pieces of demand response participation so that our customers can concentrate on their core business activities. We provide a state-of-the-art automated response system to manage demand response events for them and our utility customers. We provide timely feedback, in real-time, to enhance our customers' participation levels, increase their ROI's, and increase the reliability of the resources that we provide to the market.

#3: We are providing our customers the platform for becoming better energy consumers. Commercial entities that are progressive in how they manage their use of electricity create a distinct competitive advantage in their markets. Lower energy bills mean lower cost of goods sold or cost of services delivered and greater profit margins; profit that can be used to outpace the competition. It is hardly surprising to us to see so many of today's best managed companies on our customer roster.

#4: We are making markets more efficient. When power is scarce at peak periods or due to unforeseen contingencies, EnerNOC's customers that reduce their electricity consumption reap a significant portion of the system benefits they create. Their participation in real-time demand response initiatives is an important first step in building the foundation of tomorrow's electricity markets. These markets will continue to behave like other markets in which customers can react to prices, innovate to reduce expenses, and optimize their operations to achieve efficiencies. More efficient markets lower the cost of electricity - as well as the cost of all goods sold - for everyone.

EnerNOC is guided by a simple principle: "Our customers keep us employed. Stay focused on their needs and always exceed their expectations." As we embark on a new year with ambitious aspirations for continued growth and innovation, one thing will remain constant: our commitment to exceed our customers' expectations will never waver.

About Tim Healy

   

Customer Spotlight:
Pathmark Becomes EnerNOC Enabled, Looks to Expand its DR Portfolio

 

In April 2004, we reported that Pathmark Stores, Inc. entered into an agreement with EnerNOC to provide energy data and demand response services to multiple locations throughout the New York City area. By August, twenty-three New York City stores were enabled and enrolled in the NYISO Installed Capacity/Special Case Resource (ICAP/SCR) Program, with seven more stores in Westchester, Rockland, and Orange counties equipped and ready for 2005 enrollment.

Enabling the thirty sites for both load curtailment and emergency generator response in a cost-effective and timely manner required an in-depth examination of connectivity options due to the existing infrastructure and asset layout at individual Pathmark locations. The solution was for EnerNOC to employ Pathmark's wireless network and existing electrical wiring, thereby allowing our Network Operations Center (NOC) to communicate seamlessly with each facility's assets.

When the NYISO notifies EnerNOC of a demand response event, the NOC automatically and remotely reduces the amount of load Pathmark takes from the grid by starting on-site generators, switching load from the grid to the generator, and shutting off non-critical lighting load. EnerNOC also provides many ancillary services for the retailer made possible by continuous monitoring of its assets.

Due to the ongoing success of this demand response initiative, Pathmark intends to broaden its relationship with EnerNOC to enable an additional 19 stores for NYISO ICAP/SCR enrollment in 2005.

   

EnerNOC Secures Additional Round of Funding; Foundation Capital's Adam Grosser Joins Board of Directors

EnerNOC announced that it has secured over $7.75 million in Series B funding. Foundation Capital led the round, with first-round investors Draper Fisher Jurvetson, Braemar Energy Ventures, and DFJ New England also participating. Over $10 million has been invested to date.

The capital will be used to extend EnerNOC's market leadership, support continued product and technology development, and recruit additional talent to the team.

"EnerNOC has established an impressive track record of performance in revenue growth, customer service, and technology development. The company is well-positioned to capitalize on demand response market opportunities," commented Adam Grosser, General Partner of Foundation Capital. "We're excited to be part of building the industry leader," added Adam. Mr. Grosser will also join EnerNOC's Board of Directors.

Read the entire release

 

Connectivity Arsenal Strengthened by Wireless Solution

Reliable communication is a vital component of effective demand response, price response, and demand side management solutions. Typically, EnerNOC utilizes the customer's local area connection (LAN), DSL service, or dedicated phone line to achieve communication between the customer's assets and EnerNOC's Network Operations Center (NOC).

However, when these options are unavailable or not readily accessible, EnerNOC's wireless solution fills the technological gap. An easily transportable, wireless wide area network (WAN) router (see photo at left) uses a cellular connection to link to the Internet to attain essential connectivity.

This wireless option reduces the installation time required to enable a customer's facility to communicate with EnerNOC servers, and in many instances may also cut overall deployment costs.

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