EnerNOC Awarded 25 MW Demand Response Agreement With Tampa Electric Company

Boston, MA - EnerNOC, Inc., a leading developer and provider of clean and intelligent energy solutions, announced recently that it has entered into an agreement with Tampa Electric Company (TEC), the principal subsidiary of TECO Energy, Inc., to deliver 25 MW of demand response capacity. This development marks EnerNOC's fifth utility agreement signed in 2007, and follows the approval of the agreement with Public Service Company of New Mexico by the New Mexico Public Regulatory Commission last week.

The four-year agreement with TEC enables EnerNOC to provide a turnkey, full-service demand response program that includes program design, customer recruitment and retention, site enablement, event dispatch and management, reconciliation, and verification. Under this program, EnerNOC will aggregate demand response capacity from commercial, institutional, and industrial facilities in TEC's service territory to meet system needs during periods of peak demand. EnerNOC will execute and manage demand response events from its Network Operations Center, or NOC, in Boston, MA.

Howard Bryant, TEC manager of rates and regulatory affairs, states, "Demand response is an excellent complement to our expanded initiatives in energy efficiency and renewable energy. Working with EnerNOC, a proven industry leader, provides us with an environmentally responsible mechanism to help us manage our system peak demand." TEC, which serves over 660,000 customers in West Central Florida, experienced an all-time system peak of 4,352 MW on August 20, 2007.

"EnerNOC welcomes the opportunity to pair our demand response expertise and state-of-the-art technology with TEC's progressive, industry-leading clean energy initiatives," adds EnerNOC CEO Tim Healy. "Our advanced demand response technology helps utilities better manage peak demand, mitigate wholesale price volatility, and enhance the reliability of their electric power system in a clean, reliable, and economical way."

This agreement is subject to approval by the Florida Public Service Commission.

SOURCE: EnerNOC Inc.