BOSTON, March 11, 2014 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS), today announced that the City of Philadelphia will deploy EnerNOC's EfficiencySMART TM Insight application across ten of the city's largest buildings. The City, which has been an EnerNOC customer since 2010, is already leveraging EnerNOC's SupplySMART TM and DemandSMART TM applications to manage the energy supply procurement process for the City's electricity, natural gas, and road fuels, and maximize the earnings opportunity associated with participation in PJM's Emergency Load Response Program. As a DemandSMART customer, the City has had access to its real-time energy data across 18 facilities, but the addition of EfficiencySMART delivers a rich set of data analytics and reporting functionality that improves visibility into energy waste and the major cost drivers affecting annual energy spend. "The City of Philadelphia has aggressively pursued renewable energy opportunities in its energy management strategy, but recognizes the most sustainable approach is to efficiently manage energy and use less overall. The addition of EfficiencySMART means we'll be able to better analyze our energy data and proactively prioritize the most impactful initiatives that help Philadelphia reduce its exposure to rising energy prices and drive overall cost savings," said Kristin Sullivan, Energy Manager for the City of Philadelphia. "With the deployment of EnerNOC's full suite of energy intelligence software and services, the City of Philadelphia will optimize its energy use, insulating the City from fluctuating energy costs and delivering overall savings that can be reinvested into other city programs," said Tim Healy, Chairman and CEO of EnerNOC. "By leveraging a single platform to collect real-time energy data, the City can buy energy better, use less, and get paid for their operational flexibility, breaking down the barriers of a more siloed approach to energy management."
Kristin Sullivan will be speaking at the upcoming EnergySMART conference in Philadelphia on March 26. For more information on the full slate of speakers and events, go to: www.energysmartconference.com.About EnerNOC EnerNOC (Nasdaq:ENOC) is a leading provider of energy intelligence software and related solutions. EnerNOC unlocks the full value of energy management for utility and commercial, institutional, and industrial (C&I) customers by delivering a comprehensive suite of demand-side management services that reduce real-time demand for electricity, increase energy efficiency, improve energy supply transparency in competitive markets, and mitigate emissions. EnerNOC's Utility Solutions™ offerings, which include both implementation and consulting services, are helping hundreds of utilities and grid operators worldwide meet their demand-side management objectives. EnerNOC serves thousands of commercial, institutional, and industrial customers worldwide through a suite of energy management applications including: DemandSMART™, comprehensive demand response; EfficiencySMART™, continuous energy savings; and SupplySMART™, energy price and risk management. EnerNOC's Network Operations Center (NOC) offers 24x7x365 customer support. For more information, visit www.enernoc.com. The EnerNOC, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5804 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 the Company's energy intelligence solutions and the benefits that customers may derive from those solutions, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. 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, the Company'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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