EnerNOC, a provider of energy intelligence software and demand response solutions, announced today that it has signed a four year, multi-million dollar demand response contract with FirstEnergy.
Under the terms of the contract, EnerNOC will deliver demand response resources to three of FirstEnergy‘s Pennsylvania utilities, helping the company cost-effectively meet its demand reduction targets mandated by Pennsylvania Act 129.
“EnerNOC’s demand response solutions continue to be one of the most cost-effective resources utilities have at their disposal to improve the overall efficiency and reliability of the grid,” said Tim Healy, Chairman and CEO of EnerNOC. “We’re excited to extend our relationship with FirstEnergy, and together, put money back into the local economy.”
EnerNOC’s demand response programs pay commercial and industrial energy users to reduce energy consumption during times of peak demand. EnerNOC’s software helps companies maximize their demand response payments by providing real-time visibility into performance during demand response dispatches, while also giving utilities a real-time view into how both individual demand response assets and the portfolio as a whole are performing.