EnergyConnect Applauds Federal Energy
Regulatory Commission’s Proposal to Fully
Compensate Demand Response Resources
March 19, 2010 09:03 AM Eastern Daylight Time
SAN JOSE, Calif.--(EON: Enhanced Online News)--EnergyConnect Group, Inc. (OTCBB:ECNG), a leading
provider of smart grid demand response (DR) services and technologies, responds to yesterday’s Federal Energy
Regulatory Commission (FERC) initiation of a rulemaking proceeding addressing Demand Response Compensation
for all organized energy markets. The proposed rule recommends increasing the compensation for retail customers
that respond to prices in the wholesale market and puts them on par with what generators are paid. Under FERC’s
proposal, DR resources would be paid the full market price for reductions made in response to price signals.
Kevin Evans, EnergyConnect’s president and CEO, said, “Today’s FERC proposal is a win for all energy
consumers. We commend its leadership to empower customers to be part of the solution to improve the
competitiveness and reliability of the smart grid. When customers are compensated for the service they provide to
grid operators, everyone benefits.”
FERC’s commitment to properly compensate demand response resources coupled with EnergyConnect’s unique
FlexConnect technology solution, which enables participation in price based DR programs, positions EnergyConnect
for future success.
EnergyConnect delivers industry leading Demand Response technologies and services to commercial, institutional
and industrial consumers enabling them to manage their use of electricity in response to market prices or regional
power shortages. The EnergyConnect technology platform provides a scalable, cost-effective, clean technology to
enhance the grid’s efficiency and reliability. For more information about this leading edge technology or about
investor relations, visit: http://www.energyconnectinc.com.
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