Read Larry Connors' blog – Short Term Trading Strategies
"Hospitals are very budget-conscious organizations that also have stringent operational requirements. We're excited to extend the benefits of our MBCx platform to NCH and deliver significant savings through better energy management. Our platform leverages NCH's existing systems while not only maintaining, but in many instances improving, patient comfort," said Tim Healy, Chief Executive Officer, EnerNOC.
NCH has been a long-time EnerNOC demand response customer, earning approximately $129,000 annually, or over 3 percent of its energy bill, in demand response payments. NCH is using a portion of its demand response payments from EnerNOC to pay for the MBCx implementation, which is expected to deliver energy savings of 8 to 12 percent of its annual energy spend through no-cost operational improvements and low-cost capital improvements. MBCx uses streaming data from the existing building management system to deliver a continuous and persistent energy savings solution that will also help NCH ensure that its new LEED Silver patient care center, opening in 2010, will have the most efficient and advanced energy management systems available.
"NCH is an energy-intensive operation, and anything we can do to trim expenses means more money for patient care," said Tom Johnson, Director of Plant Operations, for the hospital. "EnerNOC's MBCx solution provides significant savings opportunities as soon as it is turned on and connected to their Network Operations Center. It's a natural complement to our relationship with EnerNOC, making use of their existing technology on-site and making even greater use of the demand response payments that we've become accustomed to receiving from them."
EnerNOC's MBCx platform combines advanced metering technology with sophisticated analysis software to provide insights into facilities' energy usage data. EnerNOC analysts review the energy data and provide customers with clear, actionable, low- or no-cost recommendations that can help them reduce energy consumption, prioritize maintenance issues, and enhance occupant comfort.
For information about EnerNOC's energy management solutions, please visit http://www.enernoc.com/solutions/ or email info@enernoc.com.
About EnerNOC
EnerNOC, Inc. is a leading provider of clean and intelligent energy solutions, which include demand response services, energy efficiency, or monitoring-based commissioning services, energy procurement services, and emissions tracking and trading services. These solutions help optimize the balance of electric supply and demand, provide cost-efficient alternatives to traditional power generation, transmission, and distribution resources, and drive significant cost-savings for its customers. The Company uses its Network Operations Center, or NOC, and PowerTrak(R) enterprise software platform to remotely manage and reduce electricity consumption across a growing network of commercial, institutional, and industrial customer sites, making demand response capacity available to grid operators and utilities on demand while helping end-users of electricity achieve energy savings, environmental benefits, and improved financial results. For more information visit www.enernoc.com.
The EnerNOC, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5804
Safe Harbor Statement
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the future growth and success of the Company's demand response and energy management solutions and the ability of EnerNOC's customers to derive benefits from such solutions, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as "anticipate," "believe," "could," "could increase the likelihood," "estimate," "expect," "intend," "is planned," "may," "should," "will," "will enable," "would be expected," "look forward," "may provide," "would" or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section "Risk Factors" in EnerNOC's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, EnerNOC's actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: EnerNOC, Inc.
CONTACT: Media Relations: EnerNOC, Inc. Sarah McAuley (617) 532.8195 news@enernoc.com Investor Relations: Will Lyons (617) 532.8104 ir@enernoc.com
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
