Enerwise Global Technologies Provides Hourly Load Profile and Hourly Pricing Information to Central Hudson Gas and Electric Corporation
Kennett Square, PA — March 9, 2005 — Enerwise Global Technologies, a leader in enterprise energy management and managed services, announced today it is providing services to Central Hudson Gas & Electric Corporation to assist its largest customers in adapting to new hourly pricing tariff rates based on energy prices tied to ISO New York's day-ahead market. Central Hudson is a subsidiary of CH Energy Group, Inc., which operates in the regulated Transmission and Distribution market. The Central Hudson-branded website will begin by serving the utility's largest 70 customers whose electric demand exceeds 1,000 kW. The Enerwise system has interactive graphing capabilities that allow hourly ISO New York's energy pricing and electricity demand and consumption to be shown on a dynamic basis. The customers will be able to create multiple alarm and notification parameters as well as create customized reports for kWh, kW, energy price, power factor, etc.
The Enerwise service also provides "what if" analysis. Customers can forecast the effects of operational or organizational changes on energy consumption and price and participate in the new energy programs with confidence.
"Central Hudson and its customers will be provided the best-in-class enterprise energy management platform with state-of-the-art patent protected web based applications," stated George Hunt, Vice President of Sales and Marketing at Enerwise. "We are extremely pleased Enerwise was chosen above all others because of its look and feel, as well as the abundance of functionality and ease of use. It will allow Central Hudson to offer additional functionality down the road as markets grow and mature."
"Central Hudson was searching for a web-based application that provides all of the functionality necessary to meet our customers needs as we offer an hourly pricing tariff," stated Mike Voltz, Director of Regulatory Affairs at Central Hudson. "The service will provide an invaluable tool to assist our customers through this rate transition."
About Enerwise
As a proven leader in Enterprise Energy Management, Enerwise Global Technologies enables Utilities and Energy Service Providers private labeled applications, which they can offer directly to their customers. Enerwise also provides solutions directly to commercial and industrial customers to reduce energy, costs, improve reliability, and maximize efficiency. Enerwise's in-depth knowledge of integrating distributed generation with monitoring and control technology represents a significant advantage for companies to play a role in increasing reliability with reducing costs. From its headquarters in suburban Philadelphia, Enerwise provides energy intelligence and managed energy services for domestic and international C&I customers, including more than 100 of the Fortune 500 companies. The company's Web site is www.enerwise.com.
About CH Energy Group
With more than 440,000 customers, CH Energy Group, Inc. is a family of companies seizing new opportunities in the energy marketplace through two primary subsidiaries: Central Hudson Gas & Electric is a regulated transmission and distribution utility serving approximately 355,000 customers in eight counties of new York State's Mid-Hudson River Valley, and delivering natural gas and electricity in a 2,6oo-square-mile service territory that extends from the suburbs of metropolitan New York City north to the Capital District at Albany. Central Hudson Enterprises Corporation includes business units delivering energy and related services to nearly 85,000 customers in eight states and the District of Columbia. Its regional footprint stretches from Connecticut to the Washington, D.C. area, as well as an interest in a Lexington, Neb., ethanol plant. The company's Web site is www.chenergygroup.com.