Onsite Energy Corp. (fka ONSE)

[Renee]

ONSE: effective June 2,2020 Liquidation/Final Distribution.

FINRA will delete the symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[kiddo]

San Diego Source
Thursday, July 23, 2015
Article
Comments

The following "Local Notes" appeared in The Daily Transcript's July 24, 1996 issue:
The California Public Utility Commission approved the contract Carlsbad-based Onsite Energy Corp. signed with Pacific Gas and Electric Co. to provide demand side resources in PG&E's territory. The contract for industrial, institutional and commercial customers becomes effective Aug. 1.
http://www.sddt.com/news/article.cfm?SourceCode=20150723tbh&_t=From+Our+Pages#.VbG5nLNViko

[kiddo]

Richard T. Sperberg CEO
http://investing.businessweek.com/research/stocks/people/person.asp?personId=379904&ticker=ONSE

[kiddo]

Inside SoCal Edison’s Groundbreaking 2.2GW Grid Modernization Plan

http://www.greentechmedia.com/articles/read/Inside-SoCal-Edisons-Groundbreaking-2.2GW-Grid-Modernization-Plan

[kiddo]

ONSE board of directors
http://investing.businessweek.com/research/stocks/people/board.asp?ticker=ONSE

[kiddo]

Dear Shareholder.
I am pleased to report that Onsite Energy has completed another year of profitability
and is in a solid position to expand revenues and profits in our current year.
R T Sperberg, CEO

[kiddo]

ONSE Wins 17 contracts with S. Cal. Edison

http://energyefficiencymarkets.com/california-utility-shows-love-energy-efficiency-storage-replace-nuke-gas-plants/

Southern California Edison Shows Love to Energy Efficiency & Storage to Replace Nuke and Gas Plants
November 5, 2014 By Elisa Wood
Southern California Edison has selected more than 500-MW of clean energy and storage to help replace the San Onofre Nuclear Generating Station and retiring natural gas plants.

Southern California Edison

In all, the utility chose 69 clean energy projects, what California calls preferred resources, through a local capacity solicitation. They include demand response, energy efficiency, energy storage and renewables.

Energy efficiency, alone, accounted for more 30 of the projects, about 135 MW, which are being offered long-term contracts.

The utility selected 261 MW of energy storage, five times more than is required under a California mandate. This marks the first time SCE has secured energy storage through a competitive solicitation.

“This is a monumental decision – arrived at after a team of SCE experts studied more than 1,800 offers for various storage solutions, as well as other preferred resources and traditional generation,” said Janice Lin, executive director of the California Energy Storage Alliance. “The fact that SCE far exceeded the minimum amount of energy storage they were ordered to purchase after comparing multiple solutions head to head, demonstrates that energy storage can be competitive with other preferred resources on both performance and value, and that it’s now an integral part of the utility planning tool kit in California.”

The new energy storage projects will add to the 112 already operating in California, according the Department of Energy’s Global Energy Storage Database.

The preferred resources represent almost a quarter of the total 2, 221 MW the utility secured through the solicitation. The bulk of the capacity will come from combined cycle and peaking natural gas-fired plants.

“This solicitation is the first time that such a wide range of new diverse resources were directly competing in the purchasing process,” said Colin Cushnie, SCE vice president, energy procurement & management. “No single energy source can give us everything we need all of the time, particularly with our emphasis to use environmentally clean resources. To provide for flexibility, we need to accommodate a mix of energy resources.”

The companies that won the preferred resource contracts are: AES, NRG, Onsite Energy, Sterling Analytics, SunPower, Ice Energy Holdings, Advanced Microgrid Solutions and Stem.

The contracts require approval from the California Public Utilities Commission.

“Using energy more wisely, improving energy diversity and increasing flexibility are the keys to maintaining and improving the reliability of Southern California’s grid while incorporating renewables and new technologies,” said Cushnie. “These projects will provide energy solutions to meet the reliability and affordability needs of electricity customers.”

The full list of contract winners is below. MWs Contracts

NRG Energy Efficiency 102.5 8
Onsite Energy Corporation Energy Efficiency 11.0 11
Sterling Analytics LLC Energy Efficiency 16.7 7
NRG Demand Response 75.0 7
SunPower Corp. Behind-the-Meter Renewable 44.0 4
Ice Energy Holdings, Inc. Behind-the-Meter Thermal Energy Storage 25.6 16
Advanced Microgrid Solutions Behind-the-Meter Battery Energy Storage
Stem Behind-the-Meter Battery Energy Storage 85.0 2
AES In-Front-of-Meter Battery Energy Storage 100.0 1
AES Combined Cycle Gas Fired Generation 1284.0 2
Stanton Energy Reliability Center Peaking Gas Fired Generation 98.0 1
TOTAL: 1891.8 63

Moorpark

Seller Resource Type MWs Contracts
Onsite Energy Corporation Energy Efficiency 6.0 6
SunPower Corp. Behind-the-Meter Renewable 6.0 2
NRG Energy, Inc. In-Front-of-Meter Battery Energy Storage 0.5 1
NRG Energy, Inc. Peaking Gas Fired Generation 316.0 2

[kiddo]

Onsite Energy June 30, 2013

Letter to share holders:

Onsite has completed another year of profitability.
The last fiscal year marked a turning point for our business as we saw marked improvement in our industrial energy efficiency project business. This increase included almost all industrial sectors we serve, as customers have begun to invest in projects to improve the energy efficiency of their facilities. Industrial energy efficiency projects we developed through our utility 3rd party contract partners over the past five years are being approved and implemented, resulting in significant growth in industrial project revenues and corresponding gross margins.

Industrial energy efficiency project revenues in our fiscal year completed in June 2013 increased several fold over our previous fiscal year. During the last fiscal year we received contract extensions into 2015 coupled with significant increase in funding allocations under these contracts to assist large industrial utility customers in identifying and implementing energy efficiency projects.
Here are few important financial highlights that were achieved since our last report to shareholders:
Onsite has continued to grow it's positive shareholders' equity position
Onsite has continued to reduce legacy long term debt.
Onsite recently renewed it's existing credit facilities with a major commercial bank.

Richard T. Sperberg
President

[kiddo]

ONSITE ENERGY: June 30, 2010

Letter to Shareholders:

I am pleased to report that Onsite Energy has completed another profitable year. The fiscal year ended June 30, 2010 marked the fifth consecutive year of profitable operation for Onsite.
We expect utility contracts to continue. California Public Utilities Commission $3.1 billion for comprehensive energy efficiency programs last year and are now aggressively to be implementing them through California's four largest investor owned utilities (Southern Cal. Edison, Pacific Gas & Electric, San Diego Gas & Electric and Southern Cal. Gas Co.). These programs are being implemented over the calendar years 2010 Through 2012. Onsite is participatin in these programs through service contracts with these three utilities to implement industrial energy efficiency programs over the program cycle.

Richard T. Speilberg
President

[kiddo]

ONSITE ENERGY: June 30, 2009

Letter to Shareholders:

I am pleased to report that, despite the national and global economic challenges of the last year, Onsite Energy has completed another profitable year. The fiscal year ended June 30, 2009 marked the fourth consecutive year of profitable operation for Onsite.

The trend is the result of our continuing success as we concentrate on our core business of providing energy efficiency services to utilities and industrial customer primarily in California.


Robert T. Speilberg
Pres.

[kiddo]

ONSE closes at .10, good slow upward movement.