NORCROSS, Ga., Feb. 10, 2014 (GLOBE NEWSWIRE) -- Comverge, Inc., the leading provider of intelligent energy management solutions for residential and commercial & industrial (C&I) customers, is proud to announce that its customer, Pepco Holdings Inc. (PHI) has won the 2014 POWERGRID International Project of the Year award for its direct load control program, Energy Wise RewardsTM. Recognized in the Demand Response/Energy Efficiency category, PHI's Energy Wise Rewards program has successfully deployed more than 300,000 energy management devices for over 260,000 customers in Maryland, Delaware, New Jersey, and the District of Columbia as part of one of the largest mass market demand response programs in the world. The award is based on the size and scope of the project, level of innovation used, and benefit to the utility, its customers, and the power industry as a whole.
Five years after the program was launched, Energy Wise Rewards has helped PHI reduce energy use and costs and protects the environment by providing more than 300 megawatts of peak demand reduction capacity.
"The PHI Energy Wise Rewards program is a shining example of the power of residential demand response programs to provide significant load reduction in a short time frame while also helping customers save money on energy," said Blake Young, Comverge President and CEO. "The Energy Wise Rewards program reflects PHI's commitment to reducing energy consumption and engaging customers through the use of creative technology solutions. We look forward to continued growth and success of the program in the future."
The POWERGRID International Project of the Year Awards were announced during an awards presentation on January 27th at the DistribuTECH 2014 conference in San Antonio. The editors of POWERGRID International selected winners based on five specific criteria: ingenuity, scope, practicality, vision and follow-through.
Comverge customer Gulf Power was recognized in 2013 for its innovative dynamic pricing program, Energy Select, in POWERGRID International's Demand Response/Energy Efficiency award category.
Added Young, "I am extremely proud that a Comverge customer has won this award two years in a row. This is a testament to our clients' commitment to delivering innovative energy management programs and Comverge's ability to design and implement these sophisticated initiatives."
About Comverge
Comverge delivers a comprehensive suite of intelligent energy management solutions that enable utilities, grid operators, and commercial and industrial organizations to optimize their energy usage in order to reduce costs, meet regulatory requirements, and support sustainability initiatives. With 30 years of experience helping customers implement innovative Demand-Side Management programs, Comverge has deployed more than five and a half million energy management devices, recruited over one million residential customers into mass market demand response programs, and served thousands of commercial & industrial customers. For more information, visit www.comverge.com.