Powerley, the global leader in smart
home energy management, continues to set new industry benchmarks in demand and
user engagement propelled by new utility partnerships and continued product
innovation.
Making a Difference with Trillions of
Datapoints
Since its inception, Powerley has
captured more than 1.6 trillion real-time energy usage reads from smart meters
and smart home devices. Now, within a single day Powerley captures more energy
usage datapoints than all utilities across the globe, in-aggregate, annually.
More importantly, Powerley has transformed energy data into an impact for
utilities and their customers – driving energy efficiency and carbon reduction
targets higher. Since the company’s inception, Powerley has delivered:
- Energy savings: Over 600 megawatts of energy
savings – enough energy to power 480,000 homes for a year.
- Carbon reduction: Over 400 metric tons of C02 –
the equivalent of the carbon sequestered by 521 acres of U.S. forests in
one year.
- Bill savings: Delivering an estimated $15 million
for end-customers driven by behavioral changes coaching
- Customer engagement: Achieving an average of 25
minutes per month per user – more than 30 times than utilities average
today.
Expanding & Deepening Utility Partnerships
In the past twelve months, Powerley’s
user base has grown by 50%. In addition, the company has reached a key
milestone in customer engagement – totaling 100 million interactions. The
growth of Powerley’s user base has been fueled by new utility partnerships. In
2021, Powerley was selected by Duke Energy, Arizona Public Service, East
Kentucky Power Cooperative, and LG&E and KU to launch their utility home
energy management solutions. In addition, Powerley has continued to expand its
offering across existing utility partners – applying home energy management to
help DTE Energy drive adoption of renewable energy, time-of-use rates and
energy budget management. And, for BC Hydro, Powerley is gathering additional
intelligence on EVs in the field to help with peak load shifting.
Connecting the Smart Grid to the Smart
Home
Helping to drive savings and
sustainability to these new heights, a record number of smart devices were
connected to the Powerley platform over the past twelve months. As households sought
to take more control of their energy consumption, Powerley saw a 51% increase
in the number of smart devices – thermostats, plugs and light bulbs and more –
connected to the energy management platform. In addition, Powerley is driving
daily engagement from users with connected energy devices – averaging 7
sessions per week.
Launching Industry-First Energy
Innovations
Powerley has continued to invest to
innovate its core smart home energy management platform, adding more features
and intelligence to unlock benefits for new areas of the utility. In 2021
alone, Powerley has launched a series of industry-firsts, including:
- Engagement in carbon reduction: The first company
to launch a comprehensive mobile carbon footprint reduction and engagement
solution for utility-sponsored renewables programs.
- Energy management at every touchpoint: The first
company to bring real-time smart home energy management to the web and
across the utility customer journey – mobile, email and call center.
- The energy-aware intelligent home: The first
company to develop a software-based energy disaggregation intelligence
engine that can deliver near perfect (99.8%) appliance-level energy usage
accuracy without the need for any hardware.
- Smart home advanced rate solution: The first company
to provide real-time advanced rate coaching and smart home rate
optimization to give customers more choice and control over time-variant
rates.
- Smart home energy management devices: The first
company to develop line of devices – smart plugs, light bulbs, and
thermostats – to use specifically with utility smart home energy
management platforms.