BOSTON, Jan. 15, 2013 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy management applications and services, today announced that the Burlington School District in Burlington, VT, has deployed EnerNOC's EfficiencySMART™ Insight application to drive operational efficiency and reduce annual energy spend across eight of its schools. Three of the eight schools are already utilizing EnerNOC's DemandSMART™ application to reduce energy use during periods of peak demand. The addition of EfficiencySMART Insight will unlock additional savings by identifying high-value energy efficiency opportunities. In addition to powerful analytics and automated diagnostics, EfficiencySMART includes EnerNOC energy analyst support to ensure customers realize the full potential of the application.
"Based on our demand response partnership with EnerNOC, we know that they are focused on delivering results, and we're confident that deploying EfficiencySMART will deliver the savings we need to have a meaningful impact on our annual budget," said Terry Bailey, Director of Operations for the Burlington School District. "In addition, because data for three of our sites was already streaming into EnerNOC's platform, the economics and deployment time for EfficiencySMART were even more compelling."
EfficiencySMART Insight is a cloud-based energy management solution that continuously analyzes building energy data to identify energy inefficiencies. EnerNOC analysts then work with the schools to develop appropriate low- and no-cost energy efficiency measures, such as avoiding peak demand charges, smarter start-up and night-setback schedules, preventative maintenance, and other changes that have a meaningful impact on annual energy spend.
"EfficiencySMART's analytics and reporting capabilities ensure that Burlington School District has the information it needs to proactively manage its energy use," said Tim Healy, Chairman and CEO of EnerNOC. "This sets another example for other school districts to follow. At the end of the day, energy savings mean that more money is available for student services."
For more information on EfficiencySMART Insight, visit www.enernoc.com/efficiencysmart.
EnerNOC unlocks the full value of energy management for our utility and commercial, institutional, and industrial (C&I) customers by delivering a comprehensive suite of demand-side management services that reduce real-time demand for electricity, increase energy efficiency, improve energy supply transparency in competitive markets, and mitigate emissions. EnerNOC's Utility Solutions™ offerings, which include both Implementation and Consulting services, are helping hundreds of utilities and grid operators worldwide meet their demand-side management objectives. EnerNOC serves thousands of commercial, institutional, and industrial customers worldwide through its suite of energy management applications including: DemandSMART™, comprehensive demand response; EfficiencySMART™, continuous energy savings; and SupplySMART™, energy price and risk management. Our Network Operations Center (NOC) offers 24x7x365 customer support. For more information, visit www.enernoc.com.
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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 energy management applications and services, including its DemandSMART and EfficiencySMART applications, and the benefits that customers may derive from those applications and services, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. 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, the Company'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.