Comverge selected for Oklahoma smart grid program

East Hanover, N.J., December 15, 2009 — Comverge, a provider of smart grid, demand management and energy efficiency solutions, agreed to partner with Oklahoma Gas and Electric in the Oklahoma City-based utility’s Positive Energy Smart Grid demand response program.

The U.S. Department of Energy recently notified OG&E that its application for $130 million in stimulus funding to accelerate the smart grid deployment across its entire service territory was accepted pending final negotiations.

The company plans a home area network demand response study to determine if residential and commercial utility customers will chose to shift electricity use during times of peak energy demand to manage costs and lessen the strain on the grid.

The study will be conducted with participating customers in Norman, Okla. during the summers of 2010 and 2011.

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The turnkey agreement includes demand response consulting work, installation scheduling, call center operations and full marketing support to recruit customers for the time-of-use pricing program.

“We’re pleased to be a part of OG&E’s Positive Energy Smart Grid program to give customers a tangible role in managing their electricity and improving the efficiency of the electrical system,” said Comverge Interim President & CEO, Michael D. Picchi. “Demand response often provides the economic justification for full Advanced Metering Infrastructure rollouts. This is the first of what we anticipate to be a continuing stream of stimulus-related contract wins for Comverge.”

Comverge, with more than 3,300 MW of clean energy capacity under management, is a provider of energy solutions that improve grid reliability and supply electric capacity on a more cost-effective basis than conventional alternatives by reducing base load and peak load energy consumption.

 

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