Two terawatt hours (TWh’s) of energy savings represents 500,000 homes or a city about the size of Sheffield taken off the national grid for a whole year. The savings were made through Opower’s behavior-based efficiency platform and is also equivalent to around £139 million in bill savings for customers with the elimination of over 1.3 billion kgs of carbon from entering the atmosphere.
“Saving two terawatt hours is a significant and exciting milestone for Opower and we share this accomplishment with all our utility partners,” said Alex Laskey, Opower president and founder. “We achieved this only nine months after reaching one TWh of energy saved. We’re building incredible momentum and to date have saved families and businesses more than £139 million. Opower is committed to working with our utility partners to implement effective programs that save customers energy and money, and give homeowners the tools and insights needed to better manage their energy consumption.”
Mr Laskey announced the news at the World Economic Forum in Davos
Opower provides residential customers with information concerning how best to save energy with accompanying comparisons with similar homes. The company’s customer engagement platform, Opower4, offers home energy reports, web portals, SMS alerts and Interactive Voice Responses (IVR’s). Such a coordinated approach has been proven to increase customer sentiment contributing significantly to energy efficiency, which is why it is often regarded as an essential component of utility efficiency programmes.
Opower maintains a presence in energy markets throughout Europe and beyond and has acquired a substantial amount of experience with behaviour-based programmes. It currently manages data gathered from over 50 million households and works with at least 80 utility partners serving more than 15 million people across six countries.