BOSTON, Sept. 24, 2013 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software, today announced that EnerNOC and the Massachusetts Department of Energy Resources (DOER) have won the 2013 Region I Energy Project of the Year Award from the Association of Energy Engineers. The award recognizes DOER's data-driven approach to energy management utilizing EnerNOC's EfficiencySMART TM cloud-based energy intelligence application. EnerNOC and DOER will be honored at a celebration today, the day prior to the opening of the World Energy Engineering Congress, at the Washington Convention Center in Washington, D.C.
"DOER is a leader in using real-time data to improve energy efficiency, and in leveraging energy intelligence software for better energy management," said Gregg Dixon, Senior Vice President of Marketing and Sales at EnerNOC. "This project is a great example of Massachusetts driving innovation in energy management, and we're honored to be recognized for our work with DOER."
DOER began its current Leading by Example energy management initiative for state owned or operated facilities in June 2010. Using funding from an American Recovery and Reinvestment Act grant, DOER worked with EnerNOC to install close to 1,300 meters at 460 buildings, including university and community college facilities, hospitals, trial courts, state office buildings, and prisons. The meters stream real-time data for all energy commodities through EnerNOC's EfficiencySMART platform, allowing agencies to track and analyze energy usage over time. DOER and state agencies can use the data to identify opportunities for savings, which a third-party estimated should yield 5 to 15 percent savings on the Commonwealth's energy spend.Sample energy savings include:
- One state university used real-time data to identify usage that was abnormally high at its campus ice rink compared to the previous year. Through changes to the building control settings, the university saved an estimated $30,000 over just two months last year.
- Using real-time data, a community college was able to delay building start-up by one to two hours, reducing energy usage and saving an estimated $2,500 over the course of the year.
- Real-time data helped a facility manager identify that a dorm had started running 24/7, without any night setback. Had buildings controls not been adjusted, this issue would have cost the university an extra $1,700 in energy costs per year.
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