EnerNOC and SunPower enter into a strategic agreement that will enable SunPower's customers to verify the impact of their solar energy investments and drive optimum energy savings with EnerNOC's energy intelligence platform. The agreement is SunEdison’s latest strategy of investing in integrated technology solutions that offer Smart Energy solutions for residential, commercial and utility customers.
Under the three-year agreement, EnerNOC will exclusively offer SunPower solar solutions to its enterprise customer base, and SunPower will exclusively offer EnerNOC's energy intelligence software to its commercial and industrial solar customers in the U.S. and Canada. As part of the agreement, SunPower will start deploying EnerNOC's SaaS (software as a service) solution bundled with solar to its existing enterprise and institutional customers. The agreement advances EnerNOC's strategy to offer a broad and integrated software platform to support the energy management needs of its commercial and industrial customers.
"SunPower is focused on offering Smart Energy solar solutions to allow our customers to intelligently manage energy supply and demand, and achieve their energy goals," said Tom Werner, SunPower president and CEO. "With EnerNOC's energy intelligence software, our customers will get energy and demand management analytics integrated with real-time SunPower solar production and performance. This will allow them to better budget and manage their energy bills, including shifting usage to mitigate demand charges, which may comprise 30 percent or more of a monthly energy bill."
"More and more enterprises want to take control of their energy costs and, as a result, the demand for solar has dramatically increased. The declining price of commercial solar – a 45% drop since 2012 – has made it even more attractive, as evidenced by the more than doubling of installations by leading Fortune 100 companies in the past three years," said Tim Healy, chairman and CEO of EnerNOC. "Solar solutions require robust analytics and verification capabilities to maximize their value, which is why we're excited to partner with SunPower in North America to offer an integrated solution to enterprise customers."