Invensys announces commercial launch of precedent-setting demand-side energy management service offering

ORLANDO, Fla., June 9, 2004 — Invensys Climate Controls announced the commercial launch of its GoodWattsà¢â€ž- interactive demand-side management (DSM) service offering for the electric supply marketplace. Denise Rushing, a utility industry veteran, was named to lead the business unit.

The scale-up is the result of overwhelming success with GoodWatts pilot programs currently underway with energy service providers across the United States and Canada. It signals the company’s readiness to provide the complete system of components and software necessary to enable utilities to gain hundreds of megawatts of resource capacity without adding new generators.

“We’ve been very pleased with the results of our GoodWatts pilot and believe it’s a great solution,” said Bob Balzar, Director of Energy Efficiency and Conservation for Nevada Power, one of the companies doing GoodWatts trials. “We like what it does for the utility, as well as how customers respond to it.”

In addition to the Nevada Power pilot program, GoodWatts is being evaluated by PECO Energy in Philadelphia and other providers in the U.S. and Canada.

PECO Energy’s pilot program, the longest-running to date, reports offsets of at least 2 kW per home annually, with some areas slightly higher, according to Glen Pritchard, senior project manager for PECO Energy.

“These pilot programs are pointing to economics that will be very attractive in the marketplace,” said Jim Devlin, Vice President of Business Development for Invensys Climate Control. “We’re very excited about GoodWatts’ potential.”

New general manager named

Devlin also cited the hire of a general manager for the GoodWatts business as a milestone for the highly promising service. Rushing, whose background includes 14 years at Pacific Gas and Electric Company, also held leadership positions at Sage Systems, a technology start-up serving the connected home market, and CellNet Data Systems, a technology company serving the emerging meter data services market.

“What’s exciting about the GoodWatts offering is that it’s really the first end-to-end system coming from a company that has the wherewithal to put it all together,” Rushing said. “Invensys has the components for the home, the wireless technology, the relationships with the cable providers plus the back-end server that runs the whole system. You need the whole package to make this kind of DSM work.”

About Goodwatts

A unique approach to DSM, GoodWatts connects with homes through the same conduit used for regular cable television services. The cable is linked to a modem and then to a wireless gateway device, which communicates with a special thermostat and other equipment in the home. Using “always-on” connectivity, utilities can monitor energy usage in individual homes in real time, gaining the ability to remotely curtail energy usage in the event of high demand or emergency situations or shifting load to off-peak usage.

“This is a very promising technology,” said PECO’s Pritchard. “We had very positive feedback from customers during curtailments as opposed to other DSM systems we’ve tried; very few customers even noticed, even when we raised temperatures by six degrees.”

About Invensys

Invensys Climate Controls is a leading provider of the components, systems and services used across the world to make commercial and residential environments safer and more comfortable. With industry-recognized names such as Ranco, Eberle, Robertshaw and Firex, Climate Controls has significant presence in the heating, cooling, building management, commercial refrigeration, residential safety and automotive industries. The Invensys Group is headquartered in the UK and listed on the London Stock Exchange. With 42,000 employees operating in 60 countries, Invensys helps customers to improve their performance and profitability, building value for end users and shareholders alike.

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