The Eastern Shore of Maryland Educational Consortium Energy Trust has achieved net savings of approximately $10 million through EnerNOC's electricity procurement services program, SupplySMART. In addition, several ESMEC sites use EnerNOC's DemandSMART and EfficiencySMART applications to participate in demand response programs and manage their energy efficiency initiatives. This comprehensive approach to energy management has enabled the Trust to pay for public services projects with funding previously spent on electricity.
The ESMEC Energy Trust consists of 28 institutional members, including nine school systems, three community colleges, seven county governments, and seven towns. Through its SupplySMART solution and advisory services, EnerNOC designs competitive supply purchasing agreements that take into account the Trust's priorities on cost reduction and long-term price visibility. In addition, several Trust members participate in demand response to receive additional payments for reducing energy usage through DemandSMART, and others also capture continuous energy savings using EnerNOC's EfficiencySMART energy efficiency applications.
"The ESMEC Energy Trust is a model of comprehensive energy management. Nothing could please us more than to see the outstanding savings they have achieved," said Tim Healy, Chairman and CEO of EnerNOC. "Energy management is a full lifecycle activity, from purchasing to demand management to efficient use. The Trust's members clearly understand this mission, and we look forward to working with them to achieve further savings."