EnerNOC Buys Firm Involved in Energy-Use Behavior
EnerNOC has acquired Canadian-based Pulse Energy and will offer utilities a product that combines EnerNOC’s energy management, including demand response, with Pulse Energy’s customer engagement and behavior-changing software. EnerNOC says the combined offering will help utilities engage their commercial and industrial customers, from small businesses to large enterprises.
Pulse Energy’s customer engagement software enables utilities to deliver targeted energy saving recommendations in a branded environment, catered to each customer’s unique profile, including business type, location, and energy use. It has detailed analytics models for over 100 commercial customer market segments and is currently deployed by utilities in North America, Europe, and Australia, including BC Hydro, British Gas, Ergon Energy, FortisBC, and Pacific Gas & Electric.
Together, EnerNOC and Pulse Energy serve 54 utilities worldwide.
In November, EnerNOC signed an agreement to acquire World Energy Solutions, an energy procurement company, for a purchase price of about $76 million in cash. World Energy runs a software-based retail auction platform, selling electricity, natural gas and environmental commodities.
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