Saving Energy through Data and Cloud Software Solution by: Opower
Opower’s cloud software platform uses big data to provide utilities with an opportunity to engage customers in improving their energy efficiency.
The Triple Bottom Line
ENVIRONMENTAL CO2 reductions from energy savings enabled by Opower equal removing 600,000 passenger vehicles from the road for a full year, according to the company.
SOCIAL Consumers become motivated to save energy when receiving customized reports, comparing their energy consumption with neighbours.
Opower uses a combination a cloud-based platform, big data, and behavioural science. It helps utilities required by regulators to encourage energy efficiency to reduce energy consumption and improve their customer relationships. Utilities use Opower’s software platform to deliver key customer-facing applications that provide accessible money-saving information, reduce energy demand, and improve customer perception of the utility. Opower’s software analyzes energy data and presents personalized insights to consumers via the Web and through text, phone, and mail communications in order to motivate reductions in energy consumption. Opower is showing households their energy efficiency and usage compared to their neighbours. This method has turned out to be effective in motivating people to save energy. Why a Sustainia100 solution?
ECONOMIC Utility customers benefit by lowering their energy costs and being recognized for using less energy.
Deployed: USA, UK, Canada, France, Australia, New Zealand, and Japan
“OPOWER HELPS UTILITIES TRANSFORM THE WAY THEY COMMUNICATE WITH THEIR CUSTOMERS. ” Dan Yates, CEO and Founder, Opower
Using behavioral science and data to drive reductions in energy consumption, Opower states that they have enabled savings of over 4 terawatt-hours of energy, which is equivalent to $458 million in bill savings for customers and over 6 billion pounds of carbon abated worldwide.
Opower’s software platform provides consumers with valuable insights about their energy usage and personalized ways to save energy.