Market Overview

SoCal Edison Announces New Contract with EnerNOC

Share:
Related EIX
Keep an Eye on These 12 Stocks for May 3, 2016
Must Watch Stocks for May 2, 2016
Edison International (EIX) Theodore F. Craver, Jr. on Q1 2016 Results - Earnings Call Transcript (Seeking Alpha)
Related ENOC
10 Stocks Moving In Tuesday's Pre-Market Session
EnerNOC Applauds Decision by the US Supreme Court in FERC v. Electric Power Supply Association
After the Opower Inc Acquisition: Who's Left in the Smart Grid Space? (Small Cap Network)

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!