Opower Announces 11 New and Expanded Utility Partners in Second Quarter, Builds Upon Lead in Customer Engagement

Opower Expands to Canada; Grows Relationship With Exelon Utilities to Six Million Homes in Illinois, Maryland, and Pennsylvania


ARLINGTON, Va., July 19, 2012 (GLOBE NEWSWIRE) -- Opower, the global leader in energy information software for the utility industry, today announced that it has signed 11 new utility partners and expansions, demonstrating continued growth in utility customer engagement programs. The new programs include utilities in Nova Scotia, Maryland and Pennsylvania, and the expanded domestic programs will bring Opower's customer engagement platform to over five million new homes in California, Illinois, Maryland, Massachusetts, New York, Hawaii and Pennsylvania. These new partnerships bring the total number of Opower's clients around the world to more than 75 utilities.

"We are pleased that utilities across the globe seeking a proven and scalable customer engagement platform are turning to Opower as their energy information solutions provider," said Opower CEO Dan Yates. "We look forward to supporting the efforts of our new utility partners and those that are expanding their programs, and to delivering the tools they need to help their customers make smarter decisions about energy use."

New and Expanded Utility Partners Include:

  • Ameren (IL)
  • Central Hudson Gas & Electric (NY)
  • ComEd (IL)
  • FirstEnergy Maryland
  • FirstEnergy Pennsylvania
  • Glendale Water & Power (CA)
  • Hawaii Energy
  • Pacific Gas & Electric (CA)
  • PECO (PA)
  • Nova Scotia Power (Canada)
  • NSTAR (MA)

Among the major deals during the second quarter is the new partnership with Nova Scotia Power, Opower's second international deployment, and a dramatic expansion of Opower's work with Exelon utilities: Baltimore Gas and Electric (BGE), ComEd and PECO.  In 2009, Opower initiated a program with ComEd that has grown over time, including a new expanded online service to all of its more than three million residential customers in and around Chicago. In 2011, BGE contracted with Opower to deliver energy information to more than 1 million homes in the Baltimore area.  And in just the last three months, Opower signed with PECO to bring online energy advice to 1.6 million Philadelphia area homes and expanded its program with ComEd.

"We wanted to enhance our ability to engage our customers and deliver insight on how to save energy," said Val Jensen, Senior Vice President of Customer Operations at ComEd. "So, we needed a platform with scale and flexibility to allow us to deliver a personalized experience to every customer across a variety of mediums.  And no company delivers that to us as well as Opower."

About Opower

Opower is the leader in energy information software, providing the utility industry's only cross-channel platform proven to drive energy efficiency gains on a large scale. Using cutting-edge behavioral science and patent-pending analytics, the Opower platform enables utilities to provide targeted energy data and advice to each customer. Over 75 utilities—including 8 of the 10 largest in the U.S. — partner with Opower to improve the effectiveness of their energy-efficiency portfolios and motivate their customers to become more energy efficient, while dramatically increasing the level of customer engagement and overall customer satisfaction. Founded in 2007 and privately held, Opower is headquartered in Arlington, Virginia, with additional offices in San Francisco and London. For more information, please visit www.opower.com">www.opower.com and follow us on Twitter at @Opower.

The OPOWER (Positive Energy) logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13711



            
Opower Logo

Contact Data