Boston-based EnerNOC Inc., a developer and provider of clean energy solutions, has signed a partnership agreement with Green Mountain Power, an electric utility that transmits, distributes and sells electricity in Vermont.
Under the terms of the partnership, customers currently enrolled in Green Mountain Power's demand response (DR) program will be rolled into EnerNOC's DR network. In addition, Green Mountain Power and EnerNOC will work together to actively recruit additional commercial, institutional and industrial customers into the program.
The program is available to customers who can quickly reduce at least 100 kW of electric usage when notified of an event. By lowering energy usage, customers help decrease demand on the system, which reduces costs for all customers in the region. DR programs offer these customers a financial incentive in exchange for their participation.
SOURCE: EnerNOC Inc.