Market Overview

SoCal Edison Announces New Contract with EnerNOC

Related EIX
Watch These 7 Huge Call Purchases In Friday Trade
Solar Stocks Shine On Heels Of California Utilities Decision
3 Problems For Utility Investors (Seeking Alpha)
Related ENOC
23 Stocks That Rallied For Three Days On Increasing Volume, No News
25 Stocks Which Rallied Three Days On Increasing Volume

EnerNOC, Inc. (Nasdaq: ENOC), the world's leading provider of demand response, today announced that it has expanded its presence in Southern California through a new contract with Southern California Edison (NYSE: SCE). Under the terms of the new contract, EnerNOC will increase its number of megawatts in SCE's service territory by approximately 15 percent through December 31, 2014, consistent with the term of EnerNOC's expanded contract with PG&E announced in a press release dated February 5, 2013.

EnerNOC won the additional megawatts through a competitive bidding process in which EnerNOC was awarded more than twice as many megawatts as any other third-party provider, and more than 40 percent of all megawatts awarded to the six successful bidders.

Posted-In: News Contracts


Related Articles (ENOC + EIX)

View Comments and Join the Discussion!