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Macy’s Partners with EnergyConnect to Help Reduce Electric Grid Strain During Northern California Heat Wave

Leading retail company worked with demand response provider EnergyConnect to curtail electricity usage during recent heat wave

PORTLAND, OR–(BUSINESS WIRE)– EnergyConnect, a wholly owned subsidiary of Microfield Group, Inc. (”Microfield”) (OTCBB: MICG - News), and industry leader in innovative demand response technologies, today announced that its customer Macys, Inc. (NYSE:M - News) curtailed over 2 Megawatt (MW) of electricity for 2 hours during a recent energy curtailment event called by PG&E on July 9th.

When temperatures topped 100 degrees on July 9, PG&E, Northern Californias leading utility, called on EnergyConnects diverse customer base to curtail their electric loads.

During a curtailment event, companies that have previously committed to reduce their electricity usage during times of peak demand are called upon to quickly respond by decreasing their electricity consumption to ease the strain on the power grid. The reduction in power use helps alleviate the risk of rolling blackouts and limits the need to ramp up additional greenhouse gas emitting power plants.

EnergyConnect was quick to inform us of yesterdays curtailment event and we were able to meet our commitment to make our promised capacity available to others in need, said Marc Gordon, Vice President of Operations, Macy’s West. We are proud to be working with EnergyConnect on this important effort to help PG&E ease the strain on the electric grid and to have done so without disrupting our customers shopping experience.

Macys West reduced electricity consumption at 32 of its department stores in northern California by dimming accent lights and other non-essential electrical loads. In total, Macys reduced enough capacity to power approximately 1500 homes.

Demand response is a proven way for companies to regain control of escalating electricity budgets by getting paid for simply cutting back power when the grid needs it the most.

We are pleased that Macys responded so quickly and efficiently to yesterdays curtailment event, said Rich Quattrini, Vice President for EnergyConnects Western Region. Reliable participants such as Macys demonstrate the significant role of demand response in helping to reduce electricity demand and the increased costs associated with turning to greenhouse gas emitting power plants during times of peak demand.

EnergyConnects next generation demand response services enable a more efficient and reliable power grid while creating additional revenue opportunities for participating companies.

Macy’s West, with headquarters in San Francisco, operates 259 premier department stores in 13 western states and Guam under the names of Macys and Bloomingdales.

Participation in EnergyConnects next generation demand response offerings joins a number of Macys conservation initiatives already underway, including:

  • Reducing company-wide total energy consumption by about 9 percent over the past five years.
  • Installation of solar panels on more than 30 Macys stores, primarily in California.
  • Increasing the use of recycled paper by nearly 10-fold in 2007.

About EnergyConnect, Inc.
EnergyConnect, a wholly owned subsidiary of Microfield Group, Inc. provides industry leading Demand Response technologies and services that enable a smarter, more sustainable power grid while creating additional income for participating companies. EnergyConnect transforms passive consumers of energy into active producers and participants to deliver the cleanest, most efficient and lowest cost supply of electric energy available. The EnergyConnect web-based automated platform enables consumers of energy to participate in unprecedented profit opportunities in the wholesale market for electricity. For more information about this next generation technology, visit: www.energyconnectinc.com.

About Macy’s
Macy’s, the largest retail brand of Macy’s, Inc., delivers fashion and affordable luxury to customers at more than 800 locations in 45 states, the District of Columbia, Puerto Rico and Guam. Offering distinctive assortments including exclusive fashion and home brands, Macy’s stores are operated by four regionally based retail divisions - Macy’s East, Macy’s Florida, Macy’s Central and Macy’s West - and an online store at macys.com.

For Macy’s media materials, please visit our online pressroom at www.macys.com/pressroom.

Forward-Looking Statements
This press release includes statements that may constitute “forward-looking” statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause or contribute to such differences that include, but are not limited to, competitive factors, the success of new products in the marketplace, dependence upon third party vendors, and the ability to obtain financing. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

For further information, please contact:

Media Relations:
Kate Casolaro, kcasolaro@rasky.com, 617-443-9933 x338
or
Investor Relations:
Randy Reed, Chief Financial Officer, Microfield Group, Inc., 503-419-3580
or
Macy’s:
Janet De Vor, 415-393-3642
Director of Press Relations and Communications

Posted on Thursday, July 10th, 2008 - Press Releases

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