Weis Markets Purchases EnerNOC Energy Intelligence Software for 163-Store Portfolio
May 12 2015 - 8:34AM
EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy
intelligence software (EIS), announced today that Weis Markets, a
Mid-Atlantic food retailer, has expanded its deployment of
EnerNOC's energy intelligence software across its entire chain of
163 supermarkets located in Pennsylvania, Maryland, New Jersey, New
York, and West Virginia.
"Controlling energy use and costs has a material impact on the
success of our company, which makes energy management a major
operational focus," said R. Kevin Small, Vice President of Store
Development at Weis Markets. "We were looking for an
enterprise-wide solution that identifies operational leaders and
opportunities, which helps us accurately anticipate costs and
create and track against budgets. That's what EnerNOC's energy
intelligence software does for us."
To rein in costs, Weis Markets initially deployed EnerNOC's
energy intelligence software at 20 of its more energy intensive
stores in 2012. By using EnerNOC's software analytics, Weis
Markets' team quickly identified significant energy savings
opportunities that required little or no capital investments. In
the 40-store pilot phase of the partnership, Weis Markets
identified over $160,000 in savings opportunities. Encouraged by
this early success, Weis Markets expanded its deployment,
culminating in portfolio-wide use of the software.
"Energy expense management is essential in hyper-competitive
industries like the grocery business, but it can't be too
time-intensive or complex for staff to understand. We've simplified
energy expense management by centralizing disparate information
into one easy-to-use platform and connecting energy usage to
costs," said Tim Healy, Chairman and CEO of EnerNOC. "Companies
like Weis Markets have seen the results EnerNOC's energy
intelligence software delivers, and by expanding it across a
portfolio, these leading organizations are positioned to achieve
greater operational efficiency."
To learn more about EnerNOC's energy intelligence software,
visit: www.enernoc.com/solutions/enterprise-solutions.
About EnerNOC
EnerNOC is a leading provider of cloud-based energy intelligence
software (EIS) and services to thousands of enterprise customers
and utilities globally. EnerNOC's EIS solutions for enterprise
customers improve energy productivity by optimizing how they buy,
how much they use, and when they use energy. EIS for enterprise
includes budgeting and procurement, utility bill management,
facility optimization, visibility and reporting, project tracking,
demand management, and demand response. EnerNOC's EIS solutions for
utilities help maximize customer engagement and the value of
demand-side resources, including demand response and energy
efficiency. EnerNOC supports customer success with its world-class
professional services team and a Network Operations Center (NOC)
staffed 24x7x365. For more information, visit www.enernoc.com.
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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 energy intelligence
software, and the benefits that customers may derive from
technology updates or enhancements to that software, may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 and other federal
securities laws. 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, the Company'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.
CONTACT: EnerNOC Media Relations:
Robin Deliso
617.692.2601
news@enernoc.com
Investor Relations:
Christopher Sands
617.692.2569
ir@enernoc.com
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