Stem Inc., Hawaiian Electric and Hawaii Department of Education partner to bring energy monitoring and management to 250 public schools

Energy data will empower schools to cut electric bills and make smart energy investments; program is part of larger deployment of up to 400 facilities

News Release from HECO

HONOLULU - June 20, 2016 - All public elementary, middle, and high schools in the Hawaiian Electric Companies' service territory are receiving new, intelligent, energy-monitoring devices and software through a unique collaboration among Stem, Inc., a California-based leader in software-driven energy storage; Hawaiian Electric Companies; Energy Excelerator and the Hawaii Department of Education (DOE).

As more public schools add classroom cooling, solar power, efficient lighting and other energy efficiency equipment, balancing costs and energy use become increasingly critical. It will require active monitoring and management of high-use devices like air-conditioning systems.

Stem's high-resolution PowerMonitors will collect and transmit real-time energy use and cost data through its associated PowerScope software. Individual schools and DOE energy managers will be able to access this new level of energy data through PowerScope's interactive web-supported applications on laptops, tablets and smart phones to adapt efficiency measures and uncover savings opportunities at each school site.

Installation at all public schools on Maui, Lanai, Molokai and Hawaii Island has been completed, and Oahu public schools are expected to be complete in the first week of July.

"The Hawaii State Department of Education's heat abatement efforts depend on working with energy partners to ensure that we can cool as many classrooms as possible," said Dann Carlson, assistant superintendent for the office of school facilities and support services. "Stem's software, installed with the support of Hawaiian Electric, will give us the information we need to efficiently and cost-effectively add climate controls to the ultimate benefit of our students, faculty and the broader community."

Support for installation of energy monitoring equipment comes in part from Hawaiian Electric Companies' Smart Power for Schools (formerly Sun Power for Schools) program, funded by donations from customers and the utility. Hawaiian Electric will also have access to data from these energy systems to more effectively assist customers and help manage grid operations across the five islands.

"Hawaiian Electric is committed to meeting Hawaii's 100 percent renewable generation goals and continually improving the services we provide," said Shelee Kimura, vice president for corporate planning and business development. "By working with leading technology providers like Stem and through collaborative partnerships like that with the DOE, we will meet our goals cost-effectively and efficiently while enhancing the services available to our valued customers."

The collaboration is part of a larger PowerScope Deployment Program offered by Hawaiian Electric to help up to 400 commercial and industrial customers monitor and manage energy use and make wise alternative energy decisions, including selection and right-sizing of PV solar or energy storage systems. Commercial and industrial customers (including private schools) interested in participating should contact their Hawaiian Electric commercial account representative for more information.

"This partnership is an outstanding example of utilities, customers and technology providers coming together to support even the loftiest renewable energy goals while benefitting all parties," said John Carrington, Stem Inc.'s CEO. "Stem is excited to provide Hawaiian Electric with this new, advanced service and, at the same time, expand the services offered to our utility customers."

This marks Stem's first expansion beyond intelligent energy storage to provide monitoring and management software as a service for utilities and their customers.

The collaboration is also supported by the Hawaii Energy Excelerator, a program of the Pacific International Center for High Technology Research (PICHTR). Last year, Hawaiian Electric and Stem announced another first-of-its-kind collaborative project through the Energy Excelerator to install 1 MW of customer-sited intelligent energy storage on Oahu to provide additional grid response capability to deal with the variability of solar generation and help customers reduce electricity bills.

About Stem, Inc.

Stem, a leading provider of intelligent energy storage, combines big data, predictive analytics and energy storage to simultaneously reduce electricity costs for businesses and in aggregate, deliver services to the grid. Stem's software learns a customer's unique energy profile to maximize savings and displays real-time and predicted energy use alongside actionable recommendations. When aggregated, Stem's customer-sited storage network offers flexible, cost-competitive capacity to the grid. Headquartered in Millbrae, California, Stem is funded by a consortium of leading investors including Angeleno Group, Iberdrola, GE Ventures, Constellation Technology Ventures, Total Energy Ventures, Mitsui & Co., Ltd., RWE Supply & Trading and Mithril Capital Management. For more information visit www.stem.com.

About Hawaiian Electric

Hawaiian Electric and its subsidiaries, Maui Electric and Hawaii Electric Light, serve the islands of Oahu, Maui, Lanai, Molokai and Hawaii Island, home to 95 percent of the people of Hawaii. Hawaiian Electric's parent company is Hawaiian Electric Industries (NYSE: HE). In a changing world, the Hawaiian Electric Companies are taking the lead in adding renewable energy and developing energy solutions for their customers to achieve a lower cost, clean energy future for Hawaii. For more information, visit www.hawaiianelectric.com.