Thursday, August 21, 2008

Energy Savings from EnerNOC's Energy Efficiency Solution Qualify as Renewable Energy Source

Energy Savings from EnerNOC's Energy Efficiency Solution Qualify as Renewable Energy Source: "Connecticut has mandated that by 2010, 14 percent of electricity used in the state be obtained from renewable sources. By 2020, the minimum requirement nearly doubles to 27 percent. Class III RECs in Connecticut include a number of demand-side measures, such as the installation of customer-sited CHP systems, electricity savings from conservation and load management efforts, and systems that recover waste heat or pressure from commercial and industrial processes. These credits can be traded on the open market.
“With aggressive federal legislation pending aimed at reducing our nation’s carbon footprint, businesses and institutions need to take a proactive role to plan for their energy future. EnerNOC is committed to helping our customers meet the evolving requirements of energy legislation in ways that are cost-effective and deliver significant financial as well as environmental benefits,” continued Healy. “Rulings like this one by the DPUC help to highlight the importance of energy efficiency moving forward.”"

Norton's comment: Another energy company I am betting on. (ENOC)

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