Opower will provide its home energy management solution to First Utility customers, the first program of its kind in the UK, and the first partnership for Opower outside of the United States.
Home energy management software company Opower has won a Hot Ticket award from the Northern Virginia Technology Council (NVTC), which recognizes entrepreneurial technology companies that exhibit great vision, the ability to implement and deliver, an innovative management approach, and/or star-quality charisma.
When it comes to electricity, being off the grid is a good thing. Opower reports that its home energy management software platform will help United States consumers save one terawatt hour of energy by the end of 2012, which is equal to removing 100,000 average homes off the grid for a full year.
A study of 750,000 households of varied demographics in six states found that Americans who receive meter data on their home energy usage—whether via smart meters or traditional analog utility meters—reduced consumption by 1.8 percent after the first year. The research, which was conducted by energy-management software company Opower and sponsored by the Environmental Defense Fund (EDF), followed homes enrolled in various utility programs that provided home usage data via a Web portal, text, or paper reports mailed to consumers’ homes.
Earlier this year, energy efficiency company OPower said it wanted to double its utility company clients from 50 to 100 in 2011. Two new deals move the company only incrementally toward that goal, but the scale of the projects underscores OPower’s domination in the customer engagement arena.
Baltimore Gas and Electric Company (BGE) has selected OPOWER’s Advanced Customer Engagement (ACE) platform as the front-end solution for its upcoming smart meter rollout.