SOURCE: EnerNOC, Inc.

EnerNOC, Inc.

March 16, 2011 08:30 ET

Landmark FERC Ruling Approves Market-Based Compensation for Demand Response

EnerNOC Well Positioned to Serve and Develop Price-Based Demand Response Market

BOSTON, MA--(Marketwire - March 16, 2011) - EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of commercial, institutional, and industrial demand response applications and services, commends yesterday's landmark ruling on demand response issued by the Federal Energy Regulatory Commission (FERC). The ruling requires wholesale market operators to pay demand response the same price that generators are paid, referred to as the locational marginal price (LMP), when doing so will reduce costs for all customers. In its ruling, FERC stated, "This approach for compensating demand response resources helps to ensure the competitiveness of organized wholesale energy markets and remove barriers to the participation of demand response resources, thus ensuring just and reasonable wholesale rates."

With over 5,300 megawatts (MW) under management as of December 31, 2010, more than 900 MW of which are also under agreement to respond to price signals, EnerNOC is well positioned to deliver additional value to its customers and secure new business. EnerNOC helps its customers participate in price-based demand response through its DemandSMART™ application, which supports all types of demand response. DemandSMART's web-based interface helps customers maximize the benefits of participating in price-based demand response by creating customized opportunities based on users' settings for energy reduction, curtailment duration, and payment requirements.

"EnerNOC has long advocated for full LMP compensation for demand response, and we commend FERC for its leadership throughout this very thorough rulemaking process. We believe FERC's decision validates demand response as an important resource for maintaining reliable and efficient grid operation, and we are pleased to have this opportunity to deliver additional value to our customers," said David Brewster, President of EnerNOC. "We also think it is appropriate to acknowledge the work of the late Dr. Alfred Kahn, who passed away after submitting extensive testimony supporting the FERC's adoption of the rule issued yesterday. His scholarship in this rulemaking is yet another example of his incredible contributions to the fields of economics and public utility regulation, and we wish he could be here to witness his success."

For more information about DemandSMART and EnerNOC's suite of energy management applications, please visit http://www.enernoc.com/solutions.

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 application and services suites 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 www.enernoc.com.

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 growth and success of EnerNOC's DemandSMART application and services, the ability of EnerNOC's customers to derive value from DemandSMART and EnerNOC's ability to secure new business, 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.

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