This release contains forward-looking statements, including statements regarding benefits from the use of Opower's solutions. Any statements in this press release about future expectations, plans and prospects for Opower represent the Company's views as of the date of this press release. These forward-looking statements are subject to a number of risks, uncertainties and assumptions. While the Company may elect to update these statements at some point in the future, the Company specifically disclaims any obligation to do so.About Hydro Ottawa Hydro Ottawa's core businesses are delivering electricity, generating renewable power and providing energy conservation/management services. Hydro Ottawa is a community-owned, private company, delivering electricity to more than 319,500 customers in Ottawa and Casselman. It is the largest municipally-owned producer of green power in the province, with hydroelectric and landfill gas-to-energy generating facilities. Hydro Ottawa Holding Inc. (Hydro Ottawa) owns and operates two subsidiary companies, Hydro Ottawa Limited and Energy Ottawa Inc.
Opower (NYSE: OPWR), the global leader in cloud-based software for the utility industry, today announced that it has been selected by Hydro Ottawa to help customers save energy and money during the summer's hottest days. With the selection, Hydro Ottawa becomes the first Canadian utility to deploy Opower's Behavioral Demand Response (BDR) solution, driven by a collaboration with the Ontario Ministry of Energy. The solution helps utilities like Hydro Ottawa engage their customers with highly personalized communications before and after hours of peak energy use. The alerts provide steps they can take to reduce their energy consumption during peak use periods on the hottest days, saving money and lowering their monthly bills in the process. "We're always looking for ways to deliver more value to our customers, and we think this program will give all of our customers a great way to save energy and money," said Hydro Ottawa CEO Bryce Conrad. "We're excited that Hydro Ottawa will be one of the first utilities in North America and the first in Canada to deploy this innovative solution from Opower." ComEd, BG&E and Glendale Water & Power are among the utilities deploying Opower's BDR solution this summer. The program will reach 1.5 million homes in 2015 - twice as many as the year before. "Opower's software-based approach gives our utility partners an effective tool for delivering significant value to their customers without having to rely on expensive or outdated hardware that only reaches a fraction of their community," said Opower CEO Dan Yates. "We're pleased to be able to help Hydro Ottawa bring greater innovation and engagement for their customers." About Opower Opower (NYSE: OPWR) is an enterprise software company that is transforming the way utilities engage with their customers. Opower's customer engagement platform enables utilities to reach their customers at moments that matter through proactive and digitized communications that drive energy savings, increase customer engagement and satisfaction, and lower customer operation costs. Opower's software has been deployed to more than 95 utility partners around the world and reaches more than 50 million households and businesses. For more information, please visit www.opower.com and follow us on Twitter at @Opower. Forward-looking Statements