The Comverge Advantage
Comverge is the strong leader in residential demand response (DR), one of the most cost effective grid stability solutions. Even within demand response, residential DR is an excellent niche, because working in the market for residential DR is much more difficult than commercial and industrial (CI) DR. For instance, World Energy Solutions CEO Rich Domaleski told me that his company leverages their market based energy sourcing platform to sell the other energy services, such as efficiency and DR. Yet World Energy has no interest in entering the residential space: their focus is on large customers where they can make a significant profit from a single transaction, and they typically only consider customers with annual energy budgets over $500,000 or more than 100 times a typical household energy budget. DR leader EnerNOC likewise focuses on large CI customers for similar reasons.
Yet there is strong demand for Residential DR as well. Although it’s cheaper to achieve large reductions in peak demand at large electricity customers, many
Read More from the Article Source: Full Article
