Atlanta, May 26, 2010 — Servidyne Inc., an energy efficiency and demand response company, today announced that it has secured an exclusive two-year demand response services contract with San Antonio, Texas-based CPS Energy, the largest municipally-owned electric utility in the U.S.
Servidyne’s Fifth Fuel Management team will partner with CPS Energy‘s account executives and program managers to implement the demand response program, and will help educate and prepare the utility’s end-use customers to participate in the voluntary energy curtailment program.
Servidyne will commence work this month by performing initial on-site energy audits at customer facilities to identify and prioritize available demand response opportunities.
During the demand response season (June 1 to September 30), each participating CPS Energy customer will be compensated for modifying usage of energy-consuming building assets during peak energy events, when called upon by the utility to temporarily reduce electric consumption. Each year, Servidyne will enable at least 20 to 25 CPS Energy customers to participate in the program.
Servidyne’s Fifth Fuel Management is designed to provide technology-enabled real-time demand response capabilities to operators of large, complex buildings, like office towers, manufacturing facilities, hospitals, universities and hotels.
CPS Energy is the nation’s largest municipally owned energy company providing both natural gas and electric service. Acquired by the City of San Antonio in 1942, the company serves 707,000 electric customers and 322,000 natural gas customers in and around America’s seventh-largest city.
Established in 1925, Servidyne, Inc. is headquartered in Atlanta, Georgia, and operates globally through its wholly–owned subsidiaries. The company provides comprehensive energy efficiency and demand response solutions, sustainability programs, and other products and services that significantly enhance the operating and financial performance of existing buildings.