Comverge Inc. (COMV) is Meeting Demand
QualityStocks (October 9th, 2008) Writes:
Trading on the NASDAQ Global Market, Comverge Inc. is a provider of clean energy solutions. They are a leading Demand Response and advanced metering company dedicated to providing the best technology and services to the electric utility industry. Headquartered in East Hanover, New Jersey, Comverge has offices in Duluth, Georgia; Newark, California; and Kennett Square, Pennsylvania.
Comverge Inc.’s solutions improve grid reliability and supply electric capacity cost effectively. They accomplish this by reducing base load and peak load energy consumption. Formed from the Utility Solutions Division of Lucent Technologies and the Control Systems Division of Scientific Atlanta, the company has over 25 years of experience creating innovative demand response solutions and more than 15 patents in the field.
Comverge has more than 500 utility clients in the United States and approximately 4.5 million devices installed. Their “Pay for Performance” gives enterprises capacity that can reduce emissions, eliminate line losses, increase reliability, and
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