December 14, 2011
EnerNOC announced today that the Eastern Shore of Maryland Educational Consortium (ESMEC) Energy Trust has achieved net savings of approximately $10 million. The savings were achieved through EnerNOC’s electricity procurement services program, SupplySMART, as well as EnerNOC’s DemandSMART and EfficiencySMART services. The ESMEC Energy Trust consists of 28 institutional members, including seven towns, seven county governments, three community colleges and nine school systems.
Through its SupplySMART solution and advisory services, EnerNOC designs competitive supply purchasing agreements that take into account the Trust’s priorities on cost reduction and long-term price visibility. Through DemandSMART, several Trust members participate in demand response to receive additional payments for reducing energy usage. Through EfficiencySMART Trust members can capture continuous energy savings using energy efficiency applications. This comprehensive approach to energy management has enabled the Trust to pay for public services projects with funding previously spent on electricity.
To read more about the savings, see EnerNOC's press release.