GE and Energate Announce Integration Agreement to Provide Joint Solutions for Residential Demand Response and Home Energy Management
(GlobeNewswire - Canada Via Acquire Media NewsEdge) WASHINGTON, March 19, 2013 (GLOBE NEWSWIRE) -- Energate, Inc., one of the leading providers of consumer demand response and home energy management solutions, announced today it is working with GE (NYSE:GE) to supply its Consumer Connected Demand Response™ (CCDR) platform for residential demand response solutions in conjunction with GE's Grid IQTM Respond Solutions as a Service (SaaS) offering for GE's PowerOnTM Precision software platform. The collaboration will utilize Energate's CCDR platform, with its range of hardware and software technologies, integrated with GE's Asset Control and SaaS suites. [EDITORIAL NOTE: Please visit Energate at "Innovation Alley" on March 21, at the IEE "Powering the People: Innovations for a Better World" event at the Newseum, 555 Pennsylvania Avenue, NW.]
GE and Energate have agreed to collaborate and to integrate their respective platforms in a combined offering to utility customers. The agreement will use GE's demand response management software to control Energate's CCDR platform and in-home technologies, which includes smart communicating thermostats, home energy gateways, in-home displays, load control software, and communicating power switches.
"GE is pleased to work with Energate on demand-optimization solutions for our enterprise and SaaS consumers," said Mike Carlson, general manager-Software Solutions for GE's Digital Energy business. "Energate's technology, experience and home energy management product portfolio, coupled with GE's grid management solutions, can help to deliver energy-efficient benefits for utilities and their residential customers."
The integrated offering will enable consumers to tell their utility how they want to have their energy usage information packaged, as well as which smart technologies they prefer for efficient energy use in their homes. Utility customers will be able to select and use a range of smart technologies designed to provide consumers better control over their energy usage. Once installed, utility consumers will see energy usage displayed by electronic mediums, enabling them to monitor and make better decisions that meet their comfort and budget on the fly.
"Energate is pleased to work with GE and excited that our teams have worked effectively for the seamless integration of our respective platforms - a powerful combination," adds Niraj Bhargava, CEO of Energate. "Further, GE's agreement with Energate continues our momentum for providing leading, interoperable solution sets to the consumer demand response market."
GE's Digital Energy business is a global leader in protection and control, communications, power sensing and power quality solutions. Its products and services increase the reliability of electrical power networks and critical equipment for utility, industrial and large commercial customers. From protecting and optimizing assets such as generators, transmission lines and motors, to ensuring secure wireless data transmission and providing uninterruptible power, GE's Digital Energy business delivers industry-leading technologies to solve the unique challenges of each customer. For more information, visit http://www.gedigitalenergy.com.
Energate (www.energateinc.com) is the leading provider of consumer demand response and home energy management solutions including software, wireless communications, gateways, smart thermostats, home energy gateways, switches, and consumer energy displays. The Consumer Connected Demand Response (CCDR) solution allows utilities to immediately address residential energy demand and empowers consumers to more effectively manage their energy use. Energate products seamlessly connect to the Smart Grid to deal with supply and demand challenges, the increased use of renewables and dynamic rate structures. Founded in 2004, Energate is headquartered in Ottawa, Ontario with offices in California, Illinois, Texas and Toronto.
CONTACT: Kevin Gallagher
Gallagher Group Communications
Source: Energate Inc.
2013 GlobeNewswire, Inc.
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