BOSTON, Aug. 28, 2012 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy efficiency solutions and services for commercial, institutional, and industrial energy users, today announced that Northern Illinois University (NIU) has selected EnerNOC's EfficiencySMART™ Commissioning solution to improve energy use at its Stevenson Towers residence halls. In this retro-commissioning project, EnerNOC will identify and address energy efficiency measures in the residence halls, which house approximately 1,800 students. These services are funded through an incentive program by the Illinois Department of Commerce & Economic Opportunity and managed by the Smart Energy Design Assistance Center.
"Like many organizations and institutions who serve the public good, Northern Illinois University intends to achieve maximum benefit at a minimum cost," said Kevin Howard, Chief Engineer at NIU's Heating Plant. "Energy efficiency is an excellent way to maintain our educational programs and lower costs without any impact on student comfort or satisfaction. EnerNOC gives us visibility into opportunities for savings, and we are excited to take advantage of those opportunities through this retro-commissioning program."
Northern Illinois University serves a student body of approximately 23,000 students, many of whom live in the University's residence halls. The Stevenson Towers facilities consist of four 13-story high rise buildings, as well as a food-court style dining hall that operates with extended hours. Through this project, EnerNOC will establish baseline building performance before assessing potential operating improvements for all air handling units, pumps, and a sample of fan coil units. Tests will also be conducted to verify functionality of points controlled and monitored by the buildings' energy management and control system, and any deficiencies discovered will be logged and prioritized by cost and potential savings to maximize the return on NIU's energy-efficiency spend."For a large organization like Northern Illinois University, energy is a major cost driver. Regular retro-commissioning corrects expensive inefficiencies that might otherwise go unchecked," said Tim Healy, Chairman and CEO of EnerNOC. "Our engineers work alongside facilities staff to determine the best opportunities for greater efficiency."
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts