MA Hires EnerNOC to Find Energy Savings

4/9/10

The state of Massachusetts has contracted with Boston-based EnerNOC (NASDAQ: ENOC) to employ its energy-tracking software systems to monitor 17 million square feet of state-owned facilities, using federal stimulus dollars set aside for energy investments, Governor Deval Patrick’s office announced today. The state has put $10 million toward what it calls the Enterprise Energy Management System project, which would use EnerNOC’s technology in its initial three-year phase to track real-time energy usage and target inefficiencies in 470 state buildings. The project is expected to add about 46 jobs in the state starting next month, and could save more than $10 million annually in energy costs once a planned second phase of the project is complete, the governor’s office said.

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