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Baltimore Gas and Electric Selects C3 Energy Smart Grid Analytics


Baltimore Gas and Electric Selects C3 Energy Smart Grid Analytics

AMI Analytics to Unlock Tens of Millions of Dollars in Annual Recurring Value

REDWOOD CITY, CA -- (Marketwired) -- 01/29/14 -- C3 Energy announced today that Baltimore Gas and Electric (BGE), a subsidiary of Exelon Corporation, has selected C3 Energy Smart Grid Analytics software to achieve its goal of ensuring cost-effective, efficient, and reliable energy delivery as it continues to develop the information technology-enabled infrastructure known as the smart grid.

"We selected C3 Energy as a strategic technology partner because of its unified, cloud-scale technology, comprehensive vision of smart grid analytics and deep understanding of the range of benefits that smart grid analytics can bring to BGE," said A. Christopher Burton, Vice President of Smart Grid and Technology at BGE. "We look forward to achieving operational efficiencies that will have a positive result for both BGE and our customers."

BGE serves more than 1.25 million electric customers and more than 650,000 gas customers in Central Maryland. C3 Energy Smart Grid Analytics will be deployed across all of BGE's nearly two million electric and gas meters. The first phase of the deployment will begin in the second quarter of 2014, when C3 Revenue Protection(TM) and C3 AMI Operations(TM) will be deployed.

"Utilities are embracing innovation to move towards a more efficient, responsive, data-enabled future. As a forward-thinking company, BGE is positioning itself to capture the full range of opportunities presented by the smart grid," said Ed Abbo, President and CTO, C3 Energy. "C3 Energy Smart Grid Analytics combines the power of big data, machine learning, cloud computing, and multi-layered analysis to improve the safety, reliability, affordability, and environmental impact of power delivery. BGE's investment in smart grid analytics will provide the ability to respond dynamically and intelligently to customer and operational opportunities and challenges."

Some of the focus areas of BGE's partnership with C3 Energy will include AMI operations, revenue assurance, customer experience, and system planning. The capabilities will range from meter troubleshooting to evaluation of the effectiveness of demand response and energy efficiency programs.

"We believe that C3 Energy is a clear leader in the smart grid analytics space, providing an advanced, powerful suite of smart grid analytics applications that span the utility value chain, with a proven leadership team that is dedicated to customer success," said Kelly Gallant, Senior Managing Director, North America Utilities, Accenture. "We are working together worldwide to bring these solutions to leading utilities, and are excited to implement the C3 Energy smart grid analytics solution at BGE, to help the utility drive value for its customers, as well as improve grid reliability, outage restoration and overall asset management."

About C3 Energy C3 Energy is an enterprise application software company that harnesses the power of big data, smart grid analytics, social networking, machine learning, and cloud computing to improve the safety, reliability, and efficiency of power delivery. C3 Energy's family of utility-tested and proven smart grid analytics products deliver end-to-end solutions across the entire smart grid, from energy grid capital asset allocation, transmission, distribution, and advanced metering, to the customer experience and energy efficiency programs. C3 Energy products enable utility operators to realize the full benefit of their smart grid and energy system investments. Learn more at C3Energy.com.

C3 Energy Contact: For more information, please contact: Barbara Lewis Corporate Public Relations (650) 503-2200 pr@c3energy.com

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