EnergyConnect’s Smart Grid Technology Recognized as Leading the Demand Response Industry
San Jose, CA, April 30, 2009 – EnergyConnect, Inc. (OTCBB: ECNG - News), a leading provider of demand response services and technologies today announced that it has received the 2008 award for Outstanding Curtailment Service Provider Program from The Peak Load Management Alliance (PLMA), a diverse alliance of energy professionals dedicated to promoting the concepts and technologies of reducing peak demand for electricity.
The award recognizes the market’s most innovative and creative program for reducing peak demand. This year, PLMA honored EnergyConnect’s FlexConnect technology for the unique ability it provides industrial, institutional, and commercial customers to participate in voluntary load shifting.
“We are honored to receive recognition from PLMA for our customer friendly approach to demand response,” said EnergyConnect’s CEO, Kevin R. Evans, who accepted the award at PLMA’s spring conference in Annapolis, Maryland. “EnergyConnect’s demand response programs are designed for organizations that want to take control of their energy costs. We are pleased to support the smart grid with easy and effective technology which enables customers to manage their electric load in response to price signals.”
“The PLMA awards committee was impressed by the capabilities that EnergyConnect’s innovative FlexConnect program provides energy users for making informed decisions on the best times to engage in voluntary demand response,” added Elliot Boardman, Executive Director of PLMA.
FlexConnect is a secure web based platform giving customers up-to-the-minute visibility of energy consumption, historic use patterns, baseline information and energy market data. Armed with this information, customers are able to evaluate their facility’s business needs on a daily basis and assess how much they can save that day by shifting electric load away from peak hours and engaging in demand response.EnergyConnect demand response programs are an effective means to control energy costs during the economic downturn. Organizations are increasingly recognizing demand response as a customized stimulus plan capable of delivering immediate, sustainable economic and environmental benefits.
About EnergyConnect
EnergyConnect delivers industry leading Demand Response technologies and services to commercial, educational and industrial consumers enabling them to manage their use of electricity in response to market prices or regional power shortages. The EnergyConnect technology platform provides a scalable, cost-effective, clean technology to enhance the grid’s efficiency and reliability. For more information about this leading edge technology or about investor relations, visit: http://www.energyconnectinc.com/
About The Peak Load Management Alliance
The Peak Load Management Alliance (PLMA) was formed in 1999 as a not-for profit with the purpose to create a community of expertise on demand response and its role in creating efficient electricity markets. Through this community, the Alliance brings forward useful information on price responsive loads, market structures and market rules. For more information, visit: http://www.peaklma.com/
For more information:
Media Contact:
Rich Quattrini
rquattrini@energyconnectinc.com
408.340.7940
Investor Relations:
Randy Reed, CFO
503.419.3580
PLMA Contact:
Elliot Boardman
eboardman@consolidated.net
936.271.5020
Posted on Thursday, April 30th, 2009 - Press Releases