Vedero Software and Power Brokers Team Up to Automate Demand Response

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Automated Solution Generates Revenue and Reduces Electricity Costs

Vedero Software, a leading provider of software solutions for automated demand response, and Power Brokers LLC, a leading provider of energy management and information services, today announced a partnership delivering an automated demand response solution to commercial customers in North America.

Demand response programs compensate participants for their willingness to reduce electricity consumption at key times such as when the threat of blackouts looms due to lack of supply to meet demand. Commercial buildings including office complexes, hospitals, schools, universities, and data centers consume more than 40% of the electricity in North America, and the operators that manage these buildings are keenly interested in participating in demand response programs. However, curtailing electricity must be balanced to accommodate the needs of the building occupants. Vedero Software meets the emerging critical requirement of providing a robust platform that ensures maximization of demand response events, while maintaining occupant comfort.

“We understand that automation is an imperative, given the complex nature of our customers’ buildings and the need to respond in minutes to demand response events,” said David Booty, President of Power Brokers. “Automated Demand Response through Vedero Software is yet another way Power Brokers can add value to our commercial clients”.

Power Brokers and Vedero are teaming to jointly offer the Vedero Software Solution to commercial accounts. Power Brokers personnel have a deep understanding of the needs of their clients and can facilitate a demand response solution that rewards customers financially for their ability and willingness to reduce electricity consumption.

“The team at Power Brokers truly ‘Get it’ when it comes to mapping solutions to the energy needs of their clients, and we are proud to be teaming with them to generate revenue and cost savings for our mutual clients,” said Joe Pollard, CEO and Co-Founder, Vedero Software.

About Vedero Software
Vedero Software provides software and services to instrument and automate commercial buildings for energy responsiveness. This enables our customers to generate cash, reduce energy costs, and generate added services to attract and retain tenants, thereby increasing the value of their buildings. Our automated energy management solutions help grid operators supplement, avoid or defer costly investments in generation, transmission and distribution facilities and enhance the reliability of electric power. Our solutions are used by large commercial organizations to automate demand response events in conjunction with their energy provider, and meet their sustainability goals. Visit us at http://www.vederosoft.com.

About Power Brokers
Founded in 2001, Power Brokers’ team of energy professionals has guided its clients to an average savings of more than 20%, and currently manages over $200 million in energy contracts on a daily basis. Combining unsurpassed expertise, integrity, technology, and experience, Power Brokers delivers objective, strategic, and timely energy management services and products to you in an effort to manage risks, measure results, and save money.

CONTACT:
Vedero Software:
Michael Bunyard
michael.bunyard(at)vederosoft(dot)com

Power Brokers:
Steve Hardy
shardy(at)powerbrokersusa(dot)com

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Michael Bunyard

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