Comverge, Inc announced its plan for Intelligent Energy Management, the next-generation of software, hardware and services that will optimize energy usage for electric utilities, commercial and industrial organizations. The company has a long history of offering the most reliable, easy-to-use, and cost-effective intelligent energy management programs that address complex supply and demand challenges.

"Balancing supply and demand across our electricity grid has always been critical to avoiding needless waste, expense, black outs and excess carbon dioxide emissions. Complexities from the smart grid will only bring additional challenges," stated Comverge President and CEO, R. Blake Young. "We have been working with customers for more than 30 years to manage these complexities and that experience puts Comverge in the perfect place to deliver Intelligent Energy Management solutions. By leveraging two-way information exchange and incorporating innovative enterprise-class software capabilities, we are able to serve all customer classes and support the integration of next generation applications for renewables, PEVs and dynamic pricing."

According to a press release issued by the company, outages or other electrical issues cost U.S. businesses over $100 billion every year, which indicates that the current electricity grid is not capable of effectively balancing supply and demand. By introducing a sustainable and “smart” technology, for example electric vehicles and renewable energy resources, further strain is placed on the grid, which was built over 100 years ago, adding another layer of complexity to the system. Intelligent Energy Management alleviates

With outages and issues with power quality already costing U.S. businesses more than $100 billion each year, it is clear that the current electricity grid is unable to effectively balance supply and demand. The introduction of sustainable and "smart" technologies such as electric vehicles and renewable energy resources increases the complexity by placing further strain on a system built on technologies developed more than 100 years ago. Intelligent Energy Management mitigates these challenges and gives providers and consumers of energy the insight and control they need to make informed decisions about usage.

Comverge has over 500 utility and 2,100 commercial customers, in addition to five million residential deployments. Comverge believes, “We deliver the insight and control that enables energy providers and consumers to optimize their power usage through the industry's only proven, comprehensive set of technology, services and information management solutions.”