Sears Holdings (SHLD) To Use EnerNOC (ENOC) Energy Efficiency System

It was announced today that Sears Holdings (SHLD) will use EnerNOC’s (ENOC) EfficiencySMART system to achieve greater energy efficiency at its corporate headquarters which is a 2010 Energy Star rated facility.  EnerNOC’s system combines advanced metering and data analysis software to provide insight into energy usage and recommend changes to reduce energy consumption.  Sears expects to cut energy costs by about 8%.

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“We’re helping more and more companies accelerate energy efficiency results by adopting better energy management practices. EfficiencySMART Commissioning helps even finely-tuned buildings, like Sears’s headquarters, take efficiency to the next level and drive immediate bottom line results,” said Tim Healy, Chairman and CEO of EnerNOC.

Shares of ENOC are up fractionally today and continue to struggle after posting earnings.  However, the stock is getting into an area of previous support and may offer a compelling entry once it stabilizes.   

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