Processing .....please wait.. 
The article has been forwarded.... 
OPower unveils software to analyze utility data
Monday, 03 May 2010, 21:50 IST |
1 Comments
Bangalore: OPower, a start-up based in Arlington, Virginia has developed a software that analyzes years of utility data and provides recommendations to consumers on how to save energy. There are dozens of companies vying for a piece of business in home energy efficiency and the smart grid, reports Martin LaMonica of CNET.
Next month, utility ComEd will install an updated version of the system to about 120,000 customers who are receiving smart meters. Although not totally unique, OPower's approach stands out in that it combines analytical software with expertise in behavioral science. The company is famous for its printed monthly reports, which compare one household's bills to that of their neighbors as a way of motivating people to act.
Started in 2007, OPower is trying to carve out a business providing software that translates utility data in a way that consumers can use to improve energy efficiency. The software can work with or without smart meters but smart meters can segment electricity by usage (air conditioning, heating and others) and generate more usage data to analyze, said Ogi Kavazovic, Senior Director of Marketing and Strategy at OPower.
