EnergyConnect Partners with Equity Office to Reduce Pressure on Northern California’s Electricity System

[an error occurred while processing this directive]

Company will provide Equity Office with Demand Response Services in 32 Buildings

Portland, OR – September 10, 2008: EnergyConnect, a wholly owned subsidiary of Microfield Group, Inc. (MICG.OB), and industry leader in innovative demand response technologies, today announced a partnership to provide demand response services to Equity Office, owner and operator of a national portfolio of premiere commercial properties in Northern California and other select markets across the country.

During a demand response event, companies that have previously committed to reduce their electricity usage are called upon to ease the strain on the power grid by decreasing their electricity consumption. The reduction in consumption helps to keep electric rates low and can reduce the risk of rolling blackouts, while also limiting the need to bring additional greenhouse gas emitting power plants on-line. Participants in demand response programs are paid for their efforts, providing them with revenues that can be used to offset rising energy costs.

Equity Office began participating in the program in June 2008 by enrolling four of their largest properties in San Jose. After successfully performing in their first curtailment event, Equity Office quickly enrolled 28 of their largest properties in the San Francisco Bay area, for a total of 32 buildings. When called on by EnergyConnect, Equity Office reduces its electricity consumption by taking simple steps, such as dimming lights, increasing building temperatures by a few degrees and cutting back other non-essential electrical loads.

“The real value for Equity Office in partnering with EnergyConnect is the flexibility and control we have in managing our energy consumption and controlling energy costs at the building level,” said Jim Soutter, director of engineering for Northern California, Equity Office. “This is a benefit to us, our tenants and certainly the communities in which we operate because when we cut back our electricity use and make our promised capacity available to ease the strain on the power grid, we all gain in long-term efficiency and we take one more step toward sustainability. We look forward to expanding our relationship across a larger portfolio of buildings.”

[an error occurred while processing this directive] EnergyConnect’s next generation demand response services enable a more efficient and reliable power grid while creating additional revenue opportunities for participating companies.

“We are pleased to have Equity Office working with us on this important program, said Rich Quattrini, Vice President for EnergyConnect’s Western Region. “Reliable, active participants such as Equity demonstrate the significant role that demand response can play in meeting our nation’s growing energy needs, and we look forward to expanding our relationship further in the future.”

About EnergyConnect
EnergyConnect, a wholly owned subsidiary of Microfield Group, Inc. provides industry leading Demand Response technologies and services that enable a smarter, more sustainable power grid while creating additional income for participating companies. The EnergyConnect web-based automated platform enables consumers of energy to participate in unprecedented incentive opportunities by cutting back power when the grid needs it the most. Demand response is the cleanest, most efficient and lowest cost solution for meeting the nation’s growing power needs. For more information about this next generation technology, visit: www.energyconnectinc.com. For investor information, visit: www.microfield.com.

About Equity Office
Equity Office owns and operates a national portfolio of premier office buildings in major metropolitan markets across the country. The Equity Office portfolio currently comprises over 300 properties and more than 50 million square feet in select markets across the country, with major concentrations in Boston, Los Angeles, Northern California, and Midtown Manhattan. The company’s operating platform, local market knowledge and employee expertise delivers high quality service to customers nationwide.

[an error occurred while processing this directive]
[Click Banner To Learn More]

[Home Page]  [The Automator]  [About]  [Subscribe ]  [Contact Us]