EnerNOC Energy Manage

EnerNOC Invests in Electricity Database Software Firm

EnerNOC Energy ManageEnerNOC funded the Series A round of financing of San Francisco-based Genability, a software company that licenses its database of electricity tariffs for use with third-party products such as energy intelligence software (EIS).

EnerNOC says by connecting Genability’s tariff engine to its EIS applications, businesses will be able to see energy savings articulated in dollars instead of kilowatt hours.

In addition to providing an undisclosed amount of Series A funding, EnerNOC signed a licensing agreement, which gives it certain exclusive rights to Genability’s technology for EIS offerings that serve the commercial, institutional and industrial sector.

EnerNOC Chairman and CEO Tim Healy will join Genability’s Board of Directors.

Genability says it’s working on a new product – Verified By Genability – which will provide an independent assessment of potential electricity cost savings coupled with a monthly report on what was actually saved.

6 Things to Consider When Deciding Whether to Build or Buy Software
Sponsored By: Progressly

  
Practical Guide to Transforming Energy Data into Better Buildings
Sponsored By: Lucid

  
Choosing the Correct Emission Control Technology
Sponsored By: Anguil Environmental Systems

  
The Corporate Sustainability Professional's Guide to Better Data Management
Sponsored By: Urjanet

  

Leave a Comment

User Name :
Password :
 
If you've no account register here first time
User Name :
User Email :
Password :

Login Now