Progress Energy Florida Reduces Site Visits with Comverge Solutions
St. Petersburg, FL, July 20, 2005 – Comverge announced today that Progress Energy Florida will install 6,000 Comverge Service Reconnect/Disconnect Devices (SRDTM). Progress Energy Florida plans to install these devices over the next 18 months.
Progress Energy Florida chose Comverge's SRDTM device because it easily integrates into the company's existing backend systems, including the customer service and load control software. Now, instead of sending an employee into an uncertain environment, Progress Energy will be able to disconnect or reconnect service with the touch of a button. The Comverge SRDTM can also communicate on Progress Energy Florida's dedicated VHF paging frequency, greatly simplifying program implementation.
"We are pleased to be working with Comverge to deploy the remote Service Reconnect/Disconnect Devices in Florida. The technology is simple and effective," said Alina Haines, director of Mobile Meter Reading for Progress Energy Florida. "The SRDTM allows Progress Energy Florida to provide a safer work environment for our employees and to improve customer service by reconnecting customers faster."
"We are excited to be partners with Progress Energy Florida on this project. The cost savings realizable through this implementation are quite substantial. We believe that the business case for remote service management has been proven here and will offer another example of success for the many utilities across the country currently considering this option," said Ed Myszka, President and Chief Operating Officer of Comverge's Solutions Group. "The solid business relationship between Comverge and Progress Energy Florida is an excellent example of Comverge's commitment to continually offering excellent service to our customers, through quality, customer intimacy, and innovation."
About Progress Energy Florida
Progress Energy Florida, a subsidiary of Progress Energy (NYSE: PGN), provides electricity and related services to more than 1.5 million customers in Florida. The company is headquartered in St. Petersburg, Fla., and serves a territory encompassing over 20,000 square miles including the cities of St. Petersburg and Clearwater, as well as the Central Florida area surrounding Orlando. For more information about Progress Energy, visit the company's Web site at: http://www.progress-energy.com.
About Comverge, Inc.
Comverge, Inc., The Power in Power TechnologyTM, is a leading energy intelligence company recently recognized as one of Red Herring's Top 100 Private Companies in North America for 2005. Comverge's investors include Nth Power, EnerTech Capital, Data Systems & Software, Inc. (NASDAQ: DSSI), E.ON
Venture Partners GmbH (NYSE: EON), Ridgewood Capital, Easton Hunt Capital Partners, L.P., Norsk
Hydro Technology Ventures (NYSE: NHY), Rockport Capital Partners, and Shell Internet Ventures, an
affiliate of the Royal Dutch/Shell Group of Companies (NYSE: RD). Comverge is represented across the
world with offices and research facilities in Atlanta, Georgia; East Hanover, NJ; Newark, California;
Pensacola, Florida; and Tel Aviv, Israel. Providing software and system solutions to over 500 clients in the
electric utility industry, Comverge implements both integrated and outsourced solution based models for
remote meter reading, distributed generation monitoring, and time-of-use billing and demand response,
and direct or voluntary load control initiatives. For more information visit www.comverge.com.