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Vedero Software Announces Partnership with Smart Energy Cloud for Automated Demand Response
Date:6/22/2010

Joint Solution Enables Commercial Building Operators To Generate Revenue Through Managing Electricity

Plano, TX (PRWEB) June 22, 2010 -- Vedero Software, a leading provider of software solutions for automated demand response, today announced a partnership with energy services company Smart Energy Cloud. Under terms of the partnership agreement, Smart Energy Cloud will offer the Vedero Software solution to commercial building operators for automated demand response.

Demand Response is defined by the Federal Energy Regulatory Commission (FERC) as “a reduction in the consumption of electric energy by customers from their expected consumption in response to an increase in the price of electric energy or to incentive payments designed to induce lower consumption of electric energy.” According to a FERC staff report — A National Assessment of Demand Response Potential (National Assessment), submitted to Congress in June 2009 — current demand response programs tap less than a quarter of the total market potential. Commercial buildings consume 40% of the electricity in North America, and the operators that manage these buildings are keenly interested in participating in demand response. However, curtailing electricity must be done in a way that considers the needs of the building occupants. Building operators are concerned first and foremost with the comfort of their tenants.

Vedero Software meets the emerging critical requirement of providing a robust platform that ensures compliance with demand response events, while maintaining tenant comfort through existing Building Automation Systems. Smart Energy Cloud specializes in the delivery of energy industry consulting services and solutions, making the latest technology and business practices available to commercial entities. Smart Energy Cloud consultants will work with building operators to develop optimal
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