PowerSecure International, Inc. (Nasdaq: 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,"
Unlike other approaches to providing backup power, which can include
engineering, components, assembly, maintenance and monitoring from
diffrent, 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
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