Comverge and Tampa Electric Launch 'Energy Planner(SM)' Price Responsive Pilot
05 Julho 2005 - 12:59PM
PR Newswire (US)
Comverge and Tampa Electric Launch 'Energy Planner(SM)' Price
Responsive Pilot TAMPA, Fla., July 5 /PRNewswire-FirstCall/ --
Tampa Electric and Comverge, Inc. announced today that they have
partnered to launch a price responsive load control pilot utilizing
Comverge's Maingate(TM) Home system. Called The Energy Planner(SM)
system, the pilot will seek to examine the impacts of critical peak
pricing on reducing Tampa Electric's winter and summer peaks.
Beginning with the July billing cycle, the Energy Planner(SM)
system will allow participating Tampa Electric customers to choose
lower-priced electricity at certain times by using a programmable
thermostat. The program will also help Tampa Electric better meet
peak energy demands. Comverge is providing installation and
personnel training services along with all hardware and software
for the pilot and will continue to provide hosting services and
program support through the life of the pilot. "Programs with this
kind of potential to reduce demand on our generating system happen
rarely and we are eagerly waiting to see actual field data," said
Tim Richardson, Rate Analyst of Tampa Electric's Regulatory
Affairs. "We are excited to partner with Tampa Electric on this
project. The potential energy savings from implementing such a
program on a broad scale are promising and we look forward to
seeing this pilot through to a successful and energy-conscious
future," said Robert M. Chiste, President and CEO of Comverge, Inc.
"Shifting electric loads off the peak periods makes good economic
sense for ratepayers and all utilities whether municipally,
investor, or co-operative owned. We are seeing many utilities
re-visit load management programs in light of today's volatile
energy markets and reduced communications costs." About Tampa
Electric Company Tampa Electric Company is the principal subsidiary
of TECO Energy, Inc. (NYSE:TE), an integrated energy-related
holding company with core businesses in the utility sector,
complemented by a family of unregulated businesses. Tampa Electric
Company is a regulated utility with both electric and gas divisions
(Tampa Electric and Peoples Gas System). Other subsidiaries are
engaged in waterborne transportation, coal and synthetic fuel
production and independent power. About Comverge, Inc. Comverge,
Inc., The Power in Power Technology(TM), is a leading energy
intelligence company recently recognized as one of Red Herring's
Top 100 Private Companies in North America for 2005. Comverge's
investors include Nth Power, EnerTech Capital, Data Systems &
Software, Inc. (OTC:DSSI) (BULLETIN BOARD: DSSI) , E.ON Venture
Partners GmbH (NYSE:EON), Ridgewood Capital, Easton Hunt Capital
Partners, L.P., Norsk Hydro Technology Ventures (NYSE:NHY),
Rockport Capital Partners, and Shell Internet Ventures, an
affiliate of the Royal Dutch/Shell Group of Companies. Comverge is
represented across the world with offices and research facilities
in Atlanta, Georgia; East Hanover, NJ; Newark, California;
Pensacola, Florida; and Tel Aviv, Israel. Providing software and
system solutions to over 500 clients in the electric utility
industry, Comverge implements both integrated and outsourced
solution based models for remote meter reading, distributed
generation monitoring, and time-of-use billing and demand response,
and direct or voluntary load control initiatives. For more
information visit: http://www.comverge.com/. Media Contacts At
Comverge, Bud Vos, Vice President of Marketing, 973.884.5970, At
Tampa Electric, Ross Bannister, Media Relations, 813.228.4945,
DATASOURCE: Comverge, Inc. CONTACT: Bud Vos, Vice President of
Marketing of Comverge, Inc., +1-973-884-5970, ; or Ross Bannister,
Media Relations of Tampa Electric, +1-813-228-4945, , for Comverge,
Inc. Web site: http://www.comverge.com/
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