GridPoint, EnerNOC Offer Joint Energy Management
EnerNOC and GridPoint created a partnership to offer the commercial market a comprehensive energy management solution. EnerNOC will be able to provide its customers with more granular submetering and monitoring and further automate energy reduction plans, while GridPoint customers will be able to leverage EnerNOC’s energy intelligence software to buy energy at the best possible rate, manage utility bills, optimize consumption, streamline reporting, participate in additional demand response programs, and proactively manage peak demand.
The companies’ integrated offering allows enterprises to collect and analyze site data to control critical building systems. It also combines energy cost information and portfolio-level analytics from EnerNOC’s energy intelligence software with GridPoint’s equipment-level control and submetering data, establishing a comprehensive enterprise platform for energy management.
The initial focus for the partnership is to increase both companies’ addressable markets by enhancing penetration in verticals where energy is a major operational cost across large portfolios of sites, such as multi-site retail and food service. As part of this partnership, EnerNOC will be able to offer its energy intelligence software to new segments, and GridPoint will be able to offer a broader solution with new capabilities and an increased ROI.
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