|[January 15, 2013]
Silver Spring Networks Showcases Oklahoma Gas & Electric's Successful SmartHours Demand Response Initiative
REDWOOD CITY, Calif. --(Business Wire)--
Silver Spring Networks, a leading networking platform and solutions
provider for smart energy networks, today congratulated Oklahoma Gas &
Electric (OG&E) on the success of its innovative SmartHours demand
response (DR) initiative and announced it has extended its relationship
with OG&E as the company continues to promote the program throughout its
service territory. OG&E's Positive Energy (News - Alert) Smart Grid program, which uses
Silver Spring's standards-based Smart Energy Platform, includes
the industry-pioneering SmartHours DR initiative. SmartHours includes
technologies such as Silver Spring's CustomerIQ™ consumer engagement
solution to empower its customers to shift energy consumption, save
money and reduce peak demand.
The SmartHours program contains dynamic pricing and Silver Spring's
innovative end-to-end price response solution to encourage customers to
shift their energy use to off-peak hours. The first demand response
program in the world to take advantage of the smart grid, the OG&E
initiative is successfully reducing peak demand and saving consumers
money today, all while boosting customer satisfaction. Since opening the
program to all its customers, OG&E has enrolled more than 44,000 users,
has helped program participants save an average of $191 each, and
delivered more than 67 megawatts of load reduction in 2012. OG&E also
has been recognized by organizations such as J.D. Power and Associates
and the U.S. Department of Energy for its innovative efforts to empower
consumers and save energy.
"Silver Spring congratulates Oklahoma Gas and Electric on its continued
dedication to superior customer service and its deployment of solutions
that enable greater energy savings and consumer choice and control,"
said Matt Smith,Head of Demand Side Management, Silver Spring Networks.
"We are proud to be the solution provider for OG&E's pioneering, smart
grid-based demand response and consumer empowerment programs. The
positive customer feedback, cost savings and energy conservation
realized is a true testament to OG&E's groundbreaking SmartHours
"OG&E has always prioritized customer choice in designing our energy
programs," said Ken Grant, Managing Director Customer Solutions, OG&E.
"We believe that educating and empowering our customers to expand their
role in energy savings has been vital to our program's success. Silver
Spring's innovative technology has helped us achieve these goals."
Silver Spring's price response solution enables the OG&E SmartHours
program with technologies such as networking infrastructure, back office
software, advanced metering for time-of-use billing, programmable
communicating thermostats, project management, and device installation,
along with Silver Spring's award-winning CustomerIQ solution. This
innovative customer engagement solution enables utilities to deploy
dynamic rates along with tools that allow customers to shift usage out
of peak times. Consumers can also view their detailed energy-usage and
estimated bill information in CustomerIQ, enabling them to shift or
lower their energy usage, save money, and reduce their environmental
To learn more about how Silver Spring is partnering with Oklahoma Gas &
Electric to deliver innovative smart energy services please visit www.silverspringnet.com/customers/oge.
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About Silver Spring Networks
Silver Spring Networks is a leading networking platform and solutions
provider for smart energy networks. With its pioneering IPv6 networking
platform, Silver Spring has connected more than 13 million homes and
businesses throughout the world with the goal of achieving greater
energy efficiency for the planet. Silver Spring's innovative products
enable utilities to gain efficiencies, integrate renewable energy
sources, and empower customers to monitor and manage energy consumption.
Silver Spring Networks is used by major utilities around the globe
including Baltimore Gas & Electric, CitiPower & Powercor, Commonwealth
Edison, CPFL Energia, Florida Power & Light, Jemena Electricity Networks
Limited, Oklahoma Gas & Electric, Pacific Gas & Electric, Pepco
Holdings, Inc. and United Energy among others. For more
information please visit www.silverspringnet.com.
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