EAST HANOVER--Comverge, Inc., a clean capacity provider through demand response and energy efficiency, announced today that it is positioned to take full advantage of the Energy Independence and Security Act of 2007 passed by Congress today.
The comprehensive energy legislation is expected to benefit Comverge's core business sectors that focus on reducing peak and baseload electricity use through innovative demand response tools, smart
grid technologies, and energy efficiency.
Among the many favorable provisions of the Energy Independence and
Security Act of 2007 are:
-- A "National Action Plan" for Demand Response;
-- A national commitment to "smart grid" technologies;
-- A requirement that every state ensure that it promotes energy
efficiency by providing the proper economic rewards and by removing
regulatory and management disincentives (commonly known in the trade as
"decoupling"); and
-- A requirement that every state consider offering demand response
programs to reduce peak electricity consumption.
Comverge
www.comverge.com
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