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TMCNet:  Ecova Named One of Ten 2013 Enterprise Smart Grid Leaders by Groom Energy

[July 16, 2013]

Ecova Named One of Ten 2013 Enterprise Smart Grid Leaders by Groom Energy

SPOKANE, Wash. --(Business Wire)--

Ecova, a leading total energy and sustainability management company, today announced that it has been named as one of ten "2013 Enterprise Smart Grid Leaders" in Groom Energy's "2013 Enterprise Smart Grid and Corporate Buyers' Guide to Energy Management Software" report. The report is based on 70 interviews with corporate energy, facility and sustainability managers, vendors and an online survey of 158 companies.

Groom Energy's research finds the Enterprise Smart Grid (ESG) market is a $6.2 billion industry in the U.S. in 2013, growing 30 percent per year over the next four years. Vendors are ranked based on their product and financial strength, financial payback of solution, number of customers, sales momentum in the last 18 months, and company vision.

"According to Groom Energy's research, energy savings remains the primary driver for corporate ESG investment in projects, people and process," said Jeff Heggedahl, CEO of Ecova. "Our approach, which is based on a strong history of utility expense and data management, helps companies drive cost reductions while providing the data and expertise necessary for full energy management strategies."


"Ecova continues to distinguish itself in the market as a full-service energy management provider with offerings for utility bill management, interval energy data management, carbon management, energy project tracking, energy supply management and outsourced services for energy data analysis. Few companies have such a broad offering," said Paul Baier, report author and vice president of sustainability consulting and research for Groom Energy. "As the energy management market begins to mature, companies such as Ecova are beginning to distinguish themselves with their client base and offerings."

About Ecova

Ecova is the total energy and sustainability management company whose sole purpose is to see more, save more, and sustain more for its clients. Using insights based on consumption, cost and carbon footprint data spanning thousands of utilities, hundreds of thousands of business sites and millions of households, Ecova provides fully managed, technology-optimized solutions for saving resources, which in turn increase returns, lower risks, and enhance reputations. Ecova is the largest non-regulated subsidiary of Avista Corp (NYSE: AVA and avistacorp.com). For more information, visit the company's website at ecova.com, on LinkedIn (News - Alert) at linkd.in/ecovainc, or follow Ecova on Twitter (News - Alert) at @ecovainc.


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