Boston Business Journal Commends EnerNOC’s Enterprise Energy Efficiency Solution
BOSTON, MA, May 20, 2011 – EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of energy management applications and services for the smart grid, today announced that its EfficiencySMART™ Insight application was honored with a 2011 Best Green Practices Award at the Boston Business Journal’s Green Business Summit on Thursday, May 19. The Best Green Practices Awards are presented to companies with exceptional cleantech and energy solutions that support productivity, growth, and sustainability in business. EnerNOC and EfficiencySMART Insight were honored in the Invention category for the application’s novel approach to multi-site energy efficiency.
“Businesses and organizations are beginning to understand that sustainable practices are not only good for our communities, but also for their businesses more generally,” said George Donnelly, editor of the Boston Business Journal. “EnerNOC and the Best Green Practices honorees are leading the way in the field, and we congratulate them on their achievements.”
EfficiencySMART Insight uses real-time energy consumption data to give large, multi-site organizations enterprise-wide and facility-level visibility into overall energy usage, spending, and opportunities for increased savings. The application is being used to drive energy savings in large-scale projects, including a groundbreaking $10 million, 470-site program with the Commonwealth of Massachusetts, and within many other sectors including foodservice, manufacturing, commercial property, and education. EfficiencySMART Insight helps reduce energy spikes and related demand charges, optimize energy efficiency investments and strategy, and enhance measurement and verification of future and ongoing energy efficiency projects.
“Energy efficiency is a clear best practice for any business that is serious about maintaining long-term productivity and profitability. This award is a testament to that fact,” said Gregg Dixon, EnerNOC’s Senior Vice President of Marketing and Sales. “EfficiencySMART Insight empowers energy users with detailed information about energy consumption, and it can help drive significant savings without capital-intensive investments in new equipment. To facility managers looking to save money by adjusting energy use, this access to meaningful, actionable information presents a powerful value proposition.”
For more information about EnerNOC’s award-winning energy management applications, please visit http://www.enernoc.com/index.php/our-technology/applications.
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; EfficiencySMART™, data-driven energy efficiency; SupplySMART™, energy price and risk management; and CarbonSMART™, enterprise carbon management. Our Network Operations Center (NOC) continuously supports these applications across thousands of C&I customer sites throughout the world. Working with more than 100 utilities and grid operators globally, we deliver energy, ancillary services, and carbon mitigation resources that provide cost-effective alternatives to investments in traditional power generation, transmission, and distribution.
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 EnerNOC's energy management applications and services, specifically its EfficiencySMART Insight application, and the value that energy users may realize by utilizing EfficiencySMART Insight, 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.
Sarah McAuley, (617) 532.8195,