EnerNOC reports $500 million in customer savings
EnerNOC works closely with more than 4,900 businesses and organizations worldwide on their energy management initiatives, helping its C&I customers to spend less on energy, use it more efficiently and be paid to participate in demand response programs
Boston, April 2, 2012 — EnerNOC, Inc., a provider of energy management applications and services, achieved more than $500 million in estimated savings to date for its commercial, institutional and industrial customers through its demand response, energy efficiency and energy supply procurement solutions.
EnerNOC works closely with more than 4,900 businesses and organizations worldwide on their energy management initiatives, helping its C&I customers to spend less on energy, use it more efficiently and be paid to participate in demand response programs.
These efforts have resulted in more than half a billion dollars in estimated savings and payments that have gone directly to energy users in EnerNOC's global network.
EnerNOC has grown rapidly over the past several years, increasing its network of sites tenfold from 1,150 on February 12, 2007 to more than 11,400 as of December 31, 2011.
It has also expanded from operating exclusively in the U.S. to building a network spanning Canada, the U.K., Australia and New Zealand.
EnerNOC offers its DemandSMART comprehensive demand response application to business and utilities worldwide and now manages more than 7,100 MW of demand response, the equivalent of seven nuclear power stations or about 70 peaking power plants' worth of capacity.
In addition, EnerNOC manages about $1.75 billion in energy spend on behalf of its customers, helping them to design competitive energy supply purchasing agreements that balance cost reduction and long-term price visibility with its SupplySMART solution.
Through its EfficiencySMART suite of solutions, EnerNOC has identified sufficient energy- and emissions-saving opportunities to eliminate the carbon emissions equivalent of taking more than one million cars off the road.