26
April , 2017
Wednesday

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Private sector business model helps reduce demand, deliver revenue
 
 
One year ago, the Metropolitan Water Reclamation District of Greater Chicago (MWRD) Board of Commissioners selected Comverge, Inc. (Nasdaq: COMV), to provide a voluntary energy curtailment program, and this relationship has paid off with a $1.6 million rebate to the MWRD.
 
Comverge systems request participants to voluntarily reduce energy use when the region’s electricity grid is on the verge of a brownout or blackout due to high electricity usage.
 
The voluntary curtailment occurs without sacrificing operations and defers the need for building additional generating plants that would be necessary to meet the short-lived peak demands expected on the hottest summer days. In return for participating in the program last year, Comverge presented the MWRD with a check today during the Board of Commissioners meeting.
 
“As the MWRD looks for cost savings in every aspect of providing wastewater treatment to over five million homes and businesses, we have significantly reduced our electrical utility bills,” said MWRD Executive Director David St. Pierre. “Last year, we netted the MWRD and taxpayers nearly $20 million in rate savings by procuring electricity through competitive online auctions. The installation of solar panels at our Egan Treatment plant in Schaumburg in January will help further reduce our energy reliance, and now, Comverge helped us to reduce our load from prior years and delivered over $1.6 million in revenue. Selecting this business model has definitely paid off now and will continue to do so.”
 
“The MWRD should be commended for its continued effort to reduce strain on the electricity grid by agreeing to curtail energy demand during peak utilization periods” said George Hunt, Senior Vice President, Commercial and Industrial Sales.  “This commitment to energy conservation is a reflection of MWRD’s stewardship to the community it serves.”
 
More information about the MWRD can be found at www.mwrd.org, and more information about Comverge can be found at www.comverge.com. Our water environment…Take it personally.
 
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Welcome to CopyLine Magazine! The first issue of CopyLine Magazine was published in November, 1990, by Editor & Publisher Juanita Bratcher. CopyLine’s main focus is on the political arena – to inform our readers and analyze many of the pressing issues of the day - controversial or otherwise. Our objectives are clear – to keep you abreast of political happenings and maneuvering in the political arena, by reporting and providing provocative commentaries on various issues. For more about CopyLine Magazine, CopyLine Blog, and CopyLine Television/Video, please visit juanitabratcher.com, copylinemagazine.com, and oneononetelevision.com. Bratcher has been a News/Reporter, Author, Publisher, and Journalist for 33 years. She is the author of six books, including “Harold: The Making of a Big City Mayor” (Harold Washington), Chicago’s first African-American mayor; and “Beyond the Boardroom: Empowering a New Generation of Leaders,” about John Herman Stroger, Jr., the first African-American elected President of the Cook County Board. Bratcher is also a Poet/Songwriter, with 17 records – produced by HillTop Records of Hollywood, California. Juanita Bratcher Publisher

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