Data from PowerSecure Shows Industry-Leading Reliability from Company's IntegratedBackup Power System
PowerSecure database of more than 50,000 endpoints is >10x any prior analysis
WAKE FOREST, N.C.--(BUSINESS WIRE)-- PowerSecure International, Inc. (NAS: POWR) announced today that PowerSecure's end-to-end standby power solution offered a higher degree of reliability than many standby systems which serve the nuclear power industry, according to data from both PowerSecure and the nuclear industry presented by Steve Fairfax, President of MTechnology at the 24x7 conference in Phoenix, AZ.
Mr. Fairfax evaluated data from more than 1,000 sites where the PowerSecure solution was used in both load management and standby power settings over a five year period from 2007 through 2012.
He found that during 5,234 power outage events (excluding outages due to human error or equipment repair situations) which occurred during this period, the PowerSecure solution delivered a 96.1 percent success rate. This level of success for the PowerSecure system exceeds the typical performance of standby systems which serve the nuclear power industry.
"The data on the reliability of the PowerSecure backup power solution includes more than 50,000 datapoints. This is more than 10 times the amount of data cited in comparable nuclear studies and allows us to draw robust conclusions about the enhanced reliability of the system," Fairfax said.
Unlike other approaches to providing backup power, which can include engineering, components, assembly, maintenance and monitoring from different, uncoordinated providers, PowerSecure offers customers an integrated end-to-end solution which streamlines design engineering, construction, deployment and monitoring to allow for significant efficiencies and improved system performance.
"These data highlight how PowerSecure's integrated and comprehensive system expertise provides value and efficiency to customers with an immediate feedback loop that allows our teams to monitor performance in real time and take instant action to restore power if it is lost," said Sidney Hinton, chief executive officer of PowerSecure.
"Because of our industry-leadership in distributed generation, we have seen this segment of our business grow by 36 percent in the last 12 months and, as recent weather events in the Northeast have reinforced, we see a continuing unmet need for the reliability our solutions provide," Hinton added.
PowerSecure International, Inc. is a leading provider of Utility and Energy Technologies to electric utilities, and their industrial, institutional, and commercial customers. PowerSecure provides products and services in the areas of Energy Efficiency, Interactive Distributed Generation, and Utility Infrastructure. The Company is a pioneer in developing Interactive Distributed Generation® (IDG®) power systems with sophisticated smart grid capabilities, including the ability to 1) forecast electricity demand and electronically deploy the systems to deliver more efficient, and environmentally friendly power at peak power times, 2) provide utilities with dedicated electric power generation capacity to utilize for demand response purposes, and 3) provide customers with the most dependable standby power in the industry. Its proprietary distributed generation system designs utilize a range of technologies to deliver power, including renewables. The Company's Energy Efficiency business develops energy efficient lighting technologies that improve the quality of light, including its proprietary EfficientLights® LED lighting products for grocery, drug, and convenience stores, and its SecureLite and PowerLite street lights for utilities and municipalities. PowerSecure also provides electric utilities with transmission and distribution infrastructure maintenance and construction services, and engineering and regulatory consulting services. Additional information is available at www.powersecure.com.
PowerSecure International, Inc.
Chris Hutter, 919-453-1760
KEYWORDS: United States North America North Carolina
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