EnergyConnect Group Inc. (OTCBB: ECNG - News), a leading provider of smart grid demand response (DR) services and technologies, responds to yesterday’s Federal Energy Regulatory Commission (FERC) initiation of a Rulemaking proceeding addressing Demand Response Compensation for all organized energy markets.
The proposed rule recommends increasing the compensation for retail customers that respond to prices in […]
Company Initiates Guidance, Projects Annual 2010 Revenue Increase of 35% to 40% and Positive Annual 2010 Adjusted EBITDA
EnergyConnect Group, Inc. (OTCBB: ECNG - News), a leading provider of smart grid demand response services and technologies, reported results for its fourth quarter and full year ended January 2, 2010.
Kevin Evans, EnergyConnect’s president and CEO, said, “During […]
The Demand Response and Smart Grid Coalition (DRSG) announced today that seven new members have joined the group. The new members are Ambient Corporation, Johnson Controls, Lockheed Martin, Boeing, EnergyConnect, CALMAC, and EnOcean Alliance.
DRSG is the trade association for companies that provide products and services in the areas of demand response and smart grid technologies […]
EnergyConnect Group, Inc. (OTCBB: ECNG - News), a leading provider of smart grid demand response services and technologies, intends to release its fourth quarter and year-end 2009 financial results after the market closes on March 18th, 2010. Management will host a conference call and simultaneous webcast with slide presentation at 4:30 p.m. ET/1:30 p.m. PT, followed […]
EnergyConnect Group Inc. (OTCBB: ECNG - News), an industry leader in innovative demand response technologies, today announced that it has been granted Market Based Rate Authorization (MBRA) by the Federal Energy Regulatory Commission (FERC) effective August 17, 2009. MBRA allows EnergyConnect to engage in a variety of wholesale market transactions that complement its demand response offerings […]
EnergyConnect Group, Inc. (OTCBB: ECNG - News), a leading provider of smart grid demand response services and technologies, announced today that it has amended its $5 million Convertible Secured Note Credit Facility with Aequitas Commercial Finance, LLC. Under the terms of the amendment, the maturity date of the credit facility was extended through February 24, […]
Over 250 businesses throughout the mid-Atlantic and Midwest continue to reduce peak electricity demand during grid emergencies
EnergyConnect, Inc. (OTCBB: ECNG - News), a leading provider of smart grid demand response services and technologies, today announced that it has begun enrolling electricity consumers located in the mid-Atlantic and Midwest-based PJM market in its 2010 EventConnect ILR […]
EnergyConnect Group, Inc. (OTCBB: ECNG - News), announced financial results today for the three and nine-months ended October 3, 2009. The Company announced revenues from operations of $10,338,000 for the third quarter 2009 with net income of $528,000.
“We are pleased with the continued improvement in our operating results. Revenue for the period reflects the solid foundation […]
EnergyConnect Group, Inc. (OTCBB: ECNG - News), a leading provider of smart grid demand response services and technologies, today announced that it will hold a conference call with investors at 4:30pm Eastern Time on Thursday, November 12th, 2009.
EnergyConnect will use an online, real-time slide presentation that will run concurrently with the conference call. To […]
EnergyConnect Group, Inc. (OTCBB: ECNG - News), a leading provider of smart grid demand response services and technologies, today announced that its third quarter financial results will be issued after the market closes on Thursday, November 12th, 2009.
About EnergyConnect
EnergyConnect delivers industry leading Demand Response technologies and services to commercial, educational and industrial consumers enabling […]
Proposal recommends level playing field for maximization of demand response.
A coalition of companies serving the electric industry, collectively known as the “Demand Response Supporters,” filed a protest today with the Federal Energy Regulatory Commission (FERC), asking the FERC to establish market rules that will put the value of demand response on equal footing with compensation […]
EnergyConnect Group, Inc. (OTCBB: ECNG - News), announced financial results today for the three- and six-months ended July 4, 2009. The Company announced revenues from operations of $7,522,000 for the second quarter 2009 compared to revenues of $5,063,000 for the second quarter 2008.
“Revenue for the quarter was primarily attributed to capacity related market activity. Economic revenue […]
EnergyConnect Group, Inc. (OTCBB: ECNG - News), an industry leader in innovative demand response technologies, today announced that Andrew Warner has been named its Chief Financial Officer and Secretary of the Company. Andrew replaces Randy Reed, who decided to step down from his position and remain in Portland, Oregon following the transfer of the company’s headquarters […]
EnergyConnect Group, Inc. (OTCBB: ECNG - News) a leading provider of smart grid demand response services and technologies, today announced that its second quarter financial results will be issued after the market close on Tuesday, August 11th, 2009. The company will also hold a conference call with investors at 4:30pm Eastern Time on August 11th, […]