CONSOL Energy Expands EnerNOC Relationship to Include Energy Intelligence Software
December 05 2016 - 8:34AM
EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy
intelligence software (EIS) and demand response solutions,
announced today that CONSOL Energy, which has been a demand
response customer since 2014, has expanded its relationship with
EnerNOC. CONSOL has purchased EnerNOC’s energy intelligence
software for 19 of its sites to help better manage energy costs,
which account for a substantial portion of the company’s operating
expenses.
“Energy-intensive organizations look at every
opportunity to drive cost out of their businesses. Even though
energy can be a significant operating expense, decision-makers and
those that are best positioned to impact overall usage and costs
have traditionally had very little visibility, particularly with
regard to how much demand charges impact overall spend,” said Jay
Zoellner, Managing Director, Industrial Solutions at EnerNOC. “With
EnerNOC’s software, our customers are able to apply the same
management rigor and cost-control discipline that they do to other
major line items.”
“For companies like CONSOL, any opportunity to improve energy
management can have a direct impact on overall profitability,” said
Tim Healy, Chairman and CEO of EnerNOC. “Demand response and
conservation help businesses decrease electricity use and reduce
emissions, which makes good economic and environmental sense for
companies like CONSOL. By embracing EIS, CONSOL is demonstrating
its commitment to running its operations with an eye towards
maximum efficiency and productivity.”
Prior to purchasing EIS, CONSOL enlisted EnerNOC’s support in
conducting an Industrial Energy Intelligence Assessment, a
three-step process designed to identify areas of strengths and
opportunities for improvement, as well as quantify the potential
value that may be available through improved energy intelligence.
Details on EnerNOC’s Industrial Energy Intelligence Assessment are
available at
https://www.enernoc.com/industrial-energy-initiatives.
About EnerNOC
EnerNOC is a leading provider of energy intelligence software
(EIS) and demand response solutions. With capabilities to better
address budgets and procurement, utility bill management, facility
analysis and optimization, sustainability and reporting, project
tracking, and demand management, EnerNOC's SaaS platform helps
enterprises control energy costs, mitigate risk, and streamline
compliance and sustainability reporting. EnerNOC also offers access
to more demand response programs worldwide than any other provider,
offering enterprises a valuable payment stream to further enhance
bottom line results and utilities and grid operators a reliable,
cost-effective demand-side resource. For more information, visit
www.enernoc.com.
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 Company's future financial performance on both a GAAP and
non-GAAP basis, and the future growth and success of the Company's
energy intelligence software and demand response 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.
EnerNOC Media Relations:
Sarah McAuley
617.532.8195
news@enernoc.com
EnerNOC Investor Relations:
Christopher Sands
617.692.2569
ir@enernoc.com
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