EnerNOC, Inc.

March 23, 2011 08:30 ET

EnerNOC Signs EfficiencySMART™ Contract With Southern California Edison

SCE Customers to Receive Rebates to Fund EnerNOC EfficiencySMART Commissioning Deployments

BOSTON, MA--(Marketwire - March 23, 2011) - EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of energy management applications for the smart grid, announced today that it has entered into a contract with Southern California Edison (SCE), an Edison International company, to deliver EnerNOC's EfficiencySMART™ data-driven energy efficiency application to SCE customers. As part of the contract, which runs through December 31, 2012, SCE will provide funding for EfficiencySMART Commissioning deployments at commercial and institutional customer sites, enabling SCE customers to receive all metering and monitoring equipment, as well as the first year of energy efficiency data analytics and reporting, at a significantly reduced cost.

"With our track record of successfully deploying data-driven energy efficiency programs, we're seeing increased interest from utilities to leverage the power of our unique applications to meet their energy efficiency targets," said Tim Healy, Chairman and CEO of EnerNOC. "Using data to achieve persistent energy savings is a practical, cost-effective solution that is perfectly aligned with national, regional, and local energy efficiency objectives."

EfficiencySMART Commissioning combines advanced metering technology with sophisticated software to provide valuable insights into facilities' energy usage. EnerNOC analysts review energy savings opportunities identified by EfficiencySMART to deliver clear, actionable, low- or no-cost recommendations that help customers reduce energy consumption, prioritize maintenance issues, and enhance occupant comfort. By deploying EfficiencySMART Commissioning, participating sites can expect to achieve 10 percent or more savings on their total addressable energy expenditures.

EfficiencySMART Commissioning is part of EnerNOC's EfficiencySMART suite of applications and services. By helping customers understand their energy usage in real time, EfficiencySMART delivers energy savings opportunities based on customers' actual energy usage patterns. The EfficiencySMART suite includes three products: Commissioning, initial and retro-commissioning services blended with real-time, persistent commissioning technology; Insight, web-based enterprise energy monitoring; and Services, energy engineering and project design.

For information about EnerNOC's energy management applications, please visit

About EnerNOC
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. For more information, visit

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 success of EnerNOC's energy management applications and the trends of utilities with respect to entering into long-term contracts for 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.

Contact Information