Opower Expands Global Reach With New Partnership in Australia

ARLINGTON, VA., Oct. 25, 2012 (GLOBE NEWSWIRE) -- Opower, the leading consumer engagement solutions provider for the utility industry, today announced that it has partnered with EnergyAustralia, one of Australia's largest energy retailers, providing gas and electricity to approximately 2.8 million household and business customers. The partnership with EnergyAustralia, formerly TRUenergy, will bring Opower's customer energy engagement platform to 1,550,000 homes in Victoria, New South Wales, South Australia and Queensland. This is Opower's fourth international program.

"The Opower platform is the only scalable energy software for the utility industry that helps customers save energy and money," said Opower President and Founder Alex Laskey. "We are excited to partner with EnergyAustralia in order to bring our platform to a retail energy provider that is committed to providing insight and energy efficiency savings to millions of customers. The MyEnergyReport program will help utility customers in Australia manage their energy consumption and learn ways to save."

EnergyAustralia Group Executive Manager of Retail, Adrian Merrick, said the partnership with Opower will help customers and communities better understand their energy usage and will inform them on how to implement more efficient solutions within their homes. "Putting friendly street rivalry to good use, MyEnergyReport has the potential to save Australian families millions of dollars as well as help the environment."

Customers will have access to the EnergyAustralia - Opower MyEnergyReport program through a secure Web portal that provides insight and information into how they are using energy. A main feature of the Web portal is a similar homes comparison that provides homeowners with context to how their energy consumption compares to their neighbors. Customers will also receive personalized tips on how to reduce energy consumption and save energy. Selected customers will receive this information via mailed home energy reports.

Opower, which currently partners with over 75 utilities in six countries, reaches over 15 million homes to provide them insight and information about their energy consumption. Opower's methodology and results have been independently verified by leading industry analysts and non-profit organizations, as well as by established academics from several leading institutions.

About Opower

Working with 75 utility partners, Opower is the world's leading customer engagement solutions provider for the utility industry. Opower's customer engagement platform and solution suite enables utilities to involve their customers in programs that drive energy efficiency goals, smart grid and new rate acceptance, brand loyalty and lower costs of service. Proven to drive behavioral change at scale, Opower products and services help customers save energy and money, drive significant increases in customer participation in other utility programs, and increase overall customer satisfaction. Founded in 2007 and privately held, Opower is headquartered in Arlington, Virginia, with offices in San Francisco and London. For more information, please visit www.opower.com and follow us on Twitter at @Opower

About EnergyAustralia

EnergyAustralia, formerly TRUenergy, is one of Australia's largest integrated energy companies, providing gas and electricity to approximately 2.8 million household and business customer accounts in the National Electricity Market. With a multi-billion dollar portfolio of generation and retail assets, EnergyAustralia is one of the largest private energy businesses in Australia. EnergyAustralia owns and operates a 5613 megawatt (MW) portfolio of electricity generation facilities. For more information, please visit www.energyaustralia.com.au

The OPOWER (Positive Energy) logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13711

CONTACT: Carly Llewellyn 908-578-8303 carly@opower.com