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Manoj Kumar, CEOThe Michigan based firm provides utilities a turnkey, end-to-end hardware and software platform that provides real-time energy usage, coaching, device control, and appliance monitoring to create a truly intelligent home that users can interact with through the convenience of a mobile app. “Additionally, our product portfolio continues to grow as Powerley extends the platform to create a true ‘Intelligent Home’ experience. We consider ourselves as an advisor to energy providers, helping them redefine their role in a segment that is witnessing dramatic disruption,” says Kumar.
Powerley’s utility-built solution unifies all smart home needs under one all-inclusive umbrella, ensuring there is no need to switch from app to app to manage energy consumption and control appliances. The platform integrates with the utility’s smart meter—enabling homeowners to get instant visibility into the energy consumption of the whole household as well as its individual appliances. One clear differentiator for the Powerley brand is design. The company professes to sell “experiences” over technology. Based on the user interface and attention to hardware design detail, such as the Powerley Thermostat, it is clear their team has taken the time to make sure that the experience is both intuitive and appealing.
No other solution exists in the market today that seamlessly meshes both consumer and utility environments
“Adoption will be driven through a blend of design and insight that feels simple and seamless,” states Powerley CTO Kevin Foreman, “We strive to create an experience that makes the technology feel invisible to the customer.” The company also offers its utility customers the opportunity to white-label their products as well, so that their branding is reflected in the overall design.
Powerley’s solution is designed to seamlessly integrate with the utility environments, providing real-time insights, customer engagement, and efficiency goals. The platform is both highly scalable and secure, featuring Cloud components that can integrate easily with back-end systems while ensuring Personally Identifiable Information (PII) data is protected locally within the utility’s internal network. The key link between the smart grid and smart home is the Energy Bridge, the connected-home gateway and the hub of the home energy management platform. Incorporating Powerley's Auto Bind technology, the Energy Bridge is easily paired to the AMI Meter with a one-click connection.
The company holds a unique position in the market by providing a strong value proposition to both consumers and energy companies. “No other solution exists in the market today that seamlessly meshes both consumer and utility environments. For consumers, Powerley offers an experience that extends from their current home environment and relationship with their energy provider. We plan on building the next generation of home energy management that will provide both the utility and the homeowner a new level of connectivity and intelligence,” concludes Kumar.
Powerley Announces Long-Term Agreement with BC Hydro, Bringing Advanced Home Energy Management to All British Columbia Homeowners
Thursday, August 17, 2023
DETROIT, -- Powerley is thrilled to announce a groundbreaking 5-year agreement with BC Hydro, one of Canada's largest electric utilities. The collaboration between Powerley and BC Hydro began with a successful pilot program, which demonstrated the tremendous potential of leveraging technology to empower customers in managing their energy usage. Building on the success of the pilot, BC Hydro has chosen Powerley as its trusted partner to roll out a robust suite of energy management solutions across its electric residential customer base.
BC Hydro serves approximately 1.9 million residential customers and over five million people; and the company is dedicated to powering a cleaner, more sustainable future for all British Columbians. Earlier this year the company announced a five-year strategy, which included plans to increase use of technology and data, reduce carbon footprint, and control costs. Powerley provides advanced solutions that enable BC Hydro to reach these goals along with industry-leading transparency to help customers save energy and money.
"I am thrilled to continue our partnership with BC Hydro because, above all, it enables us to give their customers an amazing tool to help them manage their energy usage," expressed Paul Wezner, chief product and customer officer at Powerley. "This innovative platform empowers customers to take full control of their energy usage. By providing real-time insights into their energy consumption and costs and combining it with connected device control of all the key loads in the home, it gives them the knowledge to make informed decisions about how to best manage their energy. This level of control directly translates into tangible savings on their electric bills."
The Powerley platform drives significant energy savings, demand reduction, customer engagement, and a more sustainable and reliable energy grid. The Powerley mobile application, branded as HydroHome, will be available to all BC Hydro customers for free. Customers can enhance their energy management experience by purchasing a low cost plug-and-play hardware device that suits their preferences, either the Energy Bridge Hub or Powerlync Plug™ to gain access to real-time energy data, device control and advanced insights and usage optimization.
"We are truly honored that BC Hydro has entrusted us with advancing their energy efficiency programs," said Rahul Prakash, chief executive officer of Powerley. "Powerley's cutting-edge app functionality will encourage BC Hydro customers to participate in demand response programs and embrace distributed energy resources, like solar power and electric vehicles. By seamlessly visualizing the impact of these changes on their energy usage, we empower customers to establish a relationship with their energy consumption."
Company
Powerley
Management
Manoj Kumar, CEO and Kevin Foreman, CTO
Description
A provider of an end-to-end hardware and software platform that incorporates real-time energy usage, coaching, device control, and appliance monitoring through mobile app
