EnerNOC Software Platform Strengthens Connection Between Energy Usage and
New Release Includes Enhanced Utility Bill Management Functionality and
Improved Financial Visibility for Enterprise Customers
BOSTON, Oct. 15, 2013 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a
leading provider of energy intelligence software, today announced the latest
updates to its platform, which include additional customer-facing features
that bring greater transparency to energy spend.
"As EnerNOC continues to emerge as the leading provider of Energy Intelligence
Software for the enterprise customer, we are bringing to market robust
features that allow our customers to better understand and take control of
their energy usage, and translate that into overall operational and financial
improvement," said Tim Healy, Chairman and CEO of EnerNOC.
EnerNOC's software platform now enables customers to view their demand
response payments directly from the Company's DemandSMART^TM cloud-based
application. This self-service functionality provides visibility into the
financial impact of an organization's participation in demand response. All
records, current and historical, are fully itemized by dispatch into capacity
and energy payments, and can be viewed at an executive, business unit, or site
"Providing greater transparency into the financial impact of demand response
participation is critical for our enterprise customers, which often have sites
in multiple regions across different business units," said Fielder Hiss, Vice
President of Product Management at EnerNOC. "Offering organization-wide access
to this information is designed to foster intra-company alignment on broader
energy efficiency projects and initiatives across an organization."
EnerNOC's software platform update also includes new utility bill management
functionality that aggregates the enterprise customer's true spend on energy.
Improved bill transparency enables customers to track energy usage and
expenses, identify outliers and mistakes, and forecast trends. This add-on
feature also provides the ability to create custom dashboards of customers'
key indicators to quickly assess progress toward goals and adjust as needed.
To learn more about the new features of the platform, go to
enernoc.com/our-technology or visit open.enernoc.com.
EnerNOC 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
The EnerNOC, Inc. logo is available at
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 software, and the benefits that customers may
derive from technology updates or enhancements to that software, 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
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