Boston, MA, March 4, 2009 — EnerNOC Inc. announced that it has entered into a five-year contract with Idaho Power to provide up to 65 megawatts of demand response capacity in southern Idaho. Pending regulatory approval, EnerNOC will begin to deliver capacity under this 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. 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. 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.
In addition, each facility will get free basic access to EnerNOC’s PowerTrak energy management software, which is designed to enable them to identify additional cost-saving opportunities through better energy management.
The contract is subject to the approval of the Idaho Public Utilities Commission.
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