New York, NY (Vocus) August 11, 2008 -- Atco Properties & Management (Atco), a large and well-respected real estate company based in New York City, has enrolled several of their commercial buildings in an energy conservation program known as PowerPay! New York in an effort to reduce blackouts and brownouts across New York State.
PowerPay! New York, a demand response program administered by Energy Curtailment Specialists, Inc. (ECS), will pay Atco for cutting back on electricity in select areas of their properties throughout New York City. Atco's commitment to reduce during a declared emergency situation is considered a capacity resource, which comes with a significant payment.
"We are pleased that Atco Properties, a leader in their industry, has taken the initiative to enroll in the program and we are happy they have chosen ECS to guide them with their demand response and energy conservation needs," said Glen Smith, cofounder, president and chief executive officer of ECS.
Atco had decided to enroll in ECS' risk-free program to take advantage of unique benefits that most other programs do not offer, including free metering to track their electricity usage and day-ahead notice of an event.
When the electric grid is forecasted to be unstable, ECS will notify Atco in advance, and they will respond by reducing lighting, pre-cooling the A/C, and shutting down elevators and other non-critical equipment.
"We are excited about the future of demand response and the impact it has on the environment and our community. ECS' program is the solution to the growing problems of high demand and the blackouts that follow," said Avi Itzikowitz, director of operations for Atco Properties & Management.
About Atco Properties & Management
ATCO Properties & Management, the operating arm of The Hemmerdinger Corporation, is a vertically integrated real estate company based in New York City. The company was founded more than 85 years ago.
About Energy Curtailment Specialists, Inc.
ECS offers turnkey, administrative, and a la carte demand response services. Energy Curtailment Specialists is currently serving markets in all of New York, California, New England, Kansas City, PJM territories, and Ontario, Canada. For more information, please call 877-711-5453, or visit us on the web at www.ecsgrid.com
Contact:
Tracey Penner
Communications Specialist, ECS
877-711-5453 ext. 233
tpenner(at)ecsgrid.com
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