EnerNOC Inks Deal with Idaho Power to Provide Demand Response Technology

Energy Resource, March 4, 2009

ENERGY RESOURCE-4 March 2009-EnerNOC Inks Deal with Idaho Power to Provide Demand Response Technology(C)2009 JeraOne - http://www.jeraone.com

EnerNOC, Inc., a developer and provider of clean and intelligent energy solutions, today announced that it has entered into a five-year contract with Idaho Power, a subsidiary of IDACORP, Inc., to provide up to 65 megawatts of demand response capacity in southern Idaho.

Pending regulatory approval, EnerNOC will begin to deliver capacity under the contract this summer.

EnerNOC will enable and manage a network of commercial and industrial facilities throughout Idaho Power's service area to reduce electricity demand during system peaks. Idaho Power experienced a new summer peak of 3,214 MW in June 2008.

EnerNOC will install its technology, free of charge to the customer, at each participating facility and provide payments to participants for being "on call" during the summer months.

In addition, each facility will get free basic access to EnerNOC's PowerTrak energy management software, which will enable them to identify additional cost-saving opportunities through better energy management. When a demand response event is called, EnerNOC will dispatch its network to reduce non-essential electricity usage and collect real-time data to verify that each facility is achieving its pre-determined energy reduction goals.

For more information, visit www.enernoc.com.

((Comments on this story may be sent to newsdesk@jeraone.com))

((Distributed via M2 Communications Ltd - http://www.m2.com))

COPYRIGHT 2009 M2 Communications Ltd.
COPYRIGHT 2009 Gale, Cengage Learning
 

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