Recognized for Outstanding Achievement in Pricing & Demand Response by AESP
Orlando, FL — 19 February, 2015 – EcoFactor, Inc., the leader in cloud-based home energy management services, is honored to announce that NV Energy’s mPowered Home Energy Management Program has received the 2015 award for outstanding achievement in pricing and demand response from the Association of Energy Services Professionals (AESP). The award honors individuals, teams or organizations that represent excellence in designing and implementing an energy services program.
“We are honored to receive recognition from the AESP for our demand response program,” said Pat Egan, NV Energy Senior Vice President of Customer Operations. “This award reflects the hard work of our NV Energy team to create a program that not only adds value for our customers but creates strong results for our company.”
Building interest and maintaining participation in residential demand response has been a challenge historically. The mPowered program overcame this hurdle with a compelling program design that provided connected thermostats in exchange for participation in demand response events. Additional distinctive program features include:
– Full integration with Alstom’s DRMS, which enables NV Energy to programmatically optimize, dispatch and confirm DR events to meet grid architecture needs
– Ten-minute dispatch capability increases the flexibility of demand side resources for NV Energy
– Smart meter data is used to enable third-party validated M&V reporting
– 28 events in 2013 and 26 events in 2014
EcoFactor’s CEO, Matt Plante, said, “This award, paired with the recognition received for best project at DistribuTECH, highlights the value that EcoFactor provides to our utility partners. We are very proud to be recognized as a leader that is advancing demand response solutions for the industry.”
EcoFactor is transforming how homes use energy by applying advanced analytics to connected devices in the home. EcoFactor’s cloud-based application actively manages thermostats on occupants’ behalf in intelligent ways that improve comfort while helping them save time, energy and money. Utilities, home service providers and homeowners rely on EcoFactor for demand response, energy efficiency, and HVAC performance monitoring services. For more information, visit www.ecofactor.com.
+ 1 (847) 858-7390