Feb. 20, 2015: EcoFactor and NV Energy Win PowerGrid International's Project of the Year Award
Efficiency and Demand Response Program Recognized
SAN DIEGO — EcoFactor Inc., a supplier of cloud-based home energy management services, announced that NV Energy’s mPowered Home Energy Management Program received Powergrid International’s 2015 Demand Response/Energy Efficiency Project of the Year award. Projects were judged based on ingenuity, scope, practicality, vision, and follow-through.
“Programs like mPowered are helping NV Energy reinvent our relationships with our customers by providing tools that help customers take action with their energy use,” said Pat Egan, senior vice president of customer operations for NV Energy. “We take pride in offering these programs, which also deliver value to our customers.”
Since its commercial launch in October 2012, the company said mPowered has been one of the most successful residential integrated demand side management (IDSM) programs in the country. EcoFactor services have provided energy efficiency and demand response results for over 27,000 homes to date. Some key metrics include:
• Over 635 kWh of electricity and 18 therms of gas saved per home per year ($100 savings);
• 28 peak demand events in consecutive summers;
• 3.1 kW peak demand reduction per home (first hour demand drop between 105-108°F); and
• 86 percent customer satisfaction.
Matt Plante, EcoFactor’s CEO, said, “True long-term value for our utility partners is driven by ongoing customer participation and engagement, which is a result of the very high satisfaction and energy savings results we have seen in the mPowered program. While we are particularly excited to celebrate this recognition, we look forward to building on this base with new product offerings.”
For more information, visit www.ecofactor.com.
Publication date: 2/16/2015