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EnergyConnect, Inc. Launches Strategic Alliance to Provide SUEZ Energy Resources with Demand Response Services
Agreement Provides Electric Customers with Access to Innovative Demand Response Services
Portland, OR – February 13, 2008: EnergyConnect, a wholly owned subsidiary of Microfield Group, Inc. (MICG.OB), and industry leader in innovative Demand Response technologies, today announced an alliance with SUEZ Energy Resources NA, to provide Demand Response services to SUEZ customers in the mid-Atlantic and Midwest-based PJM market, the largest electric grid in the country. EnergyConnect’s cutting-edge Demand Response services enable a smarter, more sustainable power grid while creating additional profit for participating companies.
“Electricity consumers that actively participate in Demand Response can reduce electricity costs and generate a new source of income, while also helping ease the pressure on the nation’s power grids and energy infrastructure,” said Rodney M. Boucher, Chief Executive Officer of Microfield Group. “We are pleased to be partnering with SUEZ to provide their electric customers with access to our innovative Demand Response services.”
EnergyConnect helps participating companies easily and quickly shape electricity consumption to create new income streams during times when the electric grid is stressed. EnergyConnect’s proprietary web-based Demand Response platform provides real-time guidance and automated execution that allows customers to shape and curtail their usage patterns 24/7 in response to wholesale electric market prices.
“We are excited to join with EnergyConnect to provide innovative Demand Response solutions to our customers,” said Michel Sirat, president and CEO of SUEZ Energy Resources NA. “SUEZ is committed to offering our customers sustainable, environmentally friendly energy solutions. With EnergyConnect we provide the real-time service that our customers need to shape and curtail energy use, increase income and minimize risk.”
About EnergyConnect, Inc.
EnergyConnect, a wholly owned subsidiary of Microfield Group, Inc. provides industry leading Demand Response technologies and services that enable a smarter, more sustainable power grid while creating additional income for participating companies. EnergyConnect transforms passive consumers of energy into active producers and participants to deliver the cleanest, most efficient and lowest cost supply of electric energy available. The EnergyConnect web-based automated platform enables consumers of energy to participate in unprecedented profit opportunities in the wholesale market for electricity. For more information about this next generation technology, visit: www.energyconnectinc.com
About SUEZ Energy Resources NA
Based in Houston, SUEZ Energy Resources NA currently serves commercial and industrial customers in 10 states: Texas, Massachusetts, Maine, Maryland, New York, New Jersey, Pennsylvania, Illinois, Connecticut, Delaware and also Washington, D.C. The company serves approximately 25,000 customer accounts, mainly with commercial and industrial customers having peak demands ranging from 50 KW to more than 200 MW, for a total contracted load of 4,500 MW.
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