{"id":6424,"date":"2018-02-01T15:15:40","date_gmt":"2018-02-01T20:15:40","guid":{"rendered":"https:\/\/digital.hbs.edu\/platform-digit\/submission\/enernoc-taking-power-away-from-the-energy-utility-monopoly\/"},"modified":"2018-02-01T15:15:40","modified_gmt":"2018-02-01T20:15:40","slug":"enernoc-taking-power-away-from-the-energy-utility-monopoly","status":"publish","type":"hck-submission","link":"https:\/\/d3.harvard.edu\/platform-digit\/submission\/enernoc-taking-power-away-from-the-energy-utility-monopoly\/","title":{"rendered":"EnerNOC: Taking Power Away from the Energy Utility Monopoly"},"content":{"rendered":"

The utility business model has remained largely unchanged over the last decades. It relies on economies of scale to supply energy at low cost to users in geographic areas over which they have state-granted monopolies. Most consumers can\u2019t choose the source of the energy they use (i.e. renewable energy versus fossil fuels). Additionally, the lack of energy consumption data and the complicated pricing structure makes it difficult for end users to predict energy costs.<\/p>\n

EnerNOC appeared on the map in 2010 as a demand response program provider. Demand response refers to the way energy consumers adapt their energy consumption to energy prices during a day or season. The demand response segment is highly fragmented and competition is fierce so, in 2013, EnerNOC launched its Energy Intelligence Software Platform (EIS) to provide businesses with key real-time data to manage their energy consumption. This approach has allowed the company to differentiate itself from other players in the space and has since become the largest energy intelligence provider in the US. It provides several tools and services through the platform focused on four main areas:<\/p>\n