1KOMMA5° is a carbon-neutral energy systems provider based in Hamburg, Germany. The company offers proprietary energy IoT systems, including "Heartbeat," an intelligent energy management solution that optimizes home energy usage in response to fluctuations in energy prices. This technology allows users to achieve significant cost savings by automatically utilizing renewable energy sources like solar power when electricity prices are lowest.
1KOMMA5° operates a virtual power plant that networks and pools customers' photovoltaic systems, electricity storage, heat pumps, and charging columns, enhancing the profitability and efficiency of these interconnected systems. The company's business model involves investing in electrical sector companies focused on photovoltaic systems, charging infrastructure, and heat pumps, providing them with software solutions, centralized services, bundled purchasing, growth capital, and equity stakes in 1KOMMA5° Holding.
In June 2023, the company acquired the Danish solar company Viasol A/S. As of October 2023, 1KOMMA5° had the capacity to convert 500,000 buildings per year to climate-neutral power generation, heat, and mobility solutions. It operated over 65 sites with around 1,500 employees across Germany, Sweden, Finland, Italy, Denmark, Spain, and Australia.
1KOMMA5° offers a dynamic electricity tariff called "Dynamic Pulse," which guarantees customers the lowest and cleanest electricity at a maximum of 15 cents/kWh for two years. The company's solar modules, produced sustainably in Germany, generate electricity at approximately five cents/kWh, ensuring cost savings and inflation-free energy for over 30 years.
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