BOSTON, Jan. 29, 2013 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy management applications, today announced that Australian electricity retailer ERM Power will provide DemandSMART™, EnerNOC's comprehensive demand response application, and EfficiencySMART™, EnerNOC's software-as-a-service (SaaS) energy efficiency application, to its customers.
Under the terms of this agreement, ERM Power will manage customer recruitment and contracting activities with its commercial, industrial, and institutional customers in the Australian National Electricity Market (NEM). EnerNOC will provide its cloud-based software applications and EnerNOC's Utility Solutions™ team will serve as the program implementer, performing site audits and enablement services, supplying all necessary equipment, and supporting the program through its Network Operations Centers (NOCs), including its newest NOC in Melbourne, Victoria.
"EnerNOC's Utility Solutions offerings have traditionally focused on providing utilities with turnkey demand response and energy efficiency resources, including everything from sales and marketing to enablement and delivery, but our cloud-based approach makes it easy for innovative companies like ERM Power to offer a branded experience, leveraged by the extensibility of the EnerNOC platform," said Tim Healy, Chairman and CEO of EnerNOC.ERM Power is the first electricity retailer in Australia to adopt EnerNOC's demand-side management (DSM) software to help its customers manage energy consumption. "ERM Power has grown to become Australia's fourth largest seller of electricity in the National Electricity Market by providing consistently outstanding service to our customers," said Mitch Anderson, CEO Electricity Sales, ERM Power. "We were ranked the number one electricity retailer in Australia for customer service to businesses last year. Our goal is to retain that market-leading position by providing quality services to our customers, like EnerNOC's state-of-the-art energy management software and enablement services. "EnerNOC's Utility Solutions applications and expertise in integrated demand-side management help us to actively manage costs and pass those savings onto our customers. The visualization tools and analytical features of EnerNOC's solutions will help us actively engage our customers in our DSM programs and enable them to use energy more efficiently and further reduce their energy expenditure."
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
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
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV