As I’m sure many of you know, EnerNOC is a leading provider of energy intelligence software (EIS) to commercial, institutional and industrial organizations, with customers around the globe and an unrivaled list of utility partners. We’ve admired EnerNOC since we started our company. We’ve had the opportunity to get to know them as we discussed ways we could help bring transparency and cost savings to their customers. These talks became serious around the same time our fundraising process did. So when they asked if we’d consider a closer partnership, we were very interested.
Fast forward to today. EnerNOC is now an equity holder in Genability, and has licensed our core technology to build into their next generation energy intelligence software. CEO Tim Healy joins me on our board.
“Genability’s technology gives EnerNOC the ability to rapidly scale the amount of tariff information currently supported by our EIS platform. More importantly, it gives our customers the transparency they need to truly understand and appreciate the bottom line benefit that can be achieved by managing energy with software.”
Micah Remley, Vice President of Product Strategy and Technology at EnerNOC
This partnership is an important catalyst for Genability. This funding and relationship allows us to accelerate the growth of our solar, EV, connected appliance and home energy management business. We’re concentrating on providing New Energy Companies our Switch™, Conduct™ and Current™ products, which replace and significantly enhance our retiring Toolbox APIs.
We’re also hard at work on a new offering, Verified By Genability, which is an independent assessment of potential electricity cost savings coupled with a monthly report on what was actually saved. We’ll verify solar savings, EV, storage, rates and much more. Look out for an announcement on this within the next few weeks.
If you have any questions, don’t hesitate to contact us. We’d be happy to show you how this partnership translates into better service, a more secure vendor, faster software development, and truly exceptional products. And we’re not wasting any time. The team has already started on the first upgrades for release in the spring.