Carrier

Optimizing the future of energy with software solutions

Energy Optimization & Management Software

OhmConnect is a residential energy flexibility provider that helps customers reduce their electricity usage and earn rewards. Founded in 2014, the company operates in California, New York, Texas, and Ontario. OhmConnect's core offering is a demand response program that notifies users about peak energy usage periods, typically once per week, encouraging them to reduce consumption during these times. Users can earn points called "Watts" for conserving energy, which can be redeemed for cash, gift cards, or other rewards.
The company's technology integrates with smart home devices like thermostats and plugs to automatically reduce energy consumption during peak periods. OhmConnect aggregates the energy savings from all participants and sells it back to energy markets, allowing them to reward users for their contributions. In addition to the demand response program, OhmConnect also offers fixed-rate electricity plans in Texas under the name OhmConnect Energy.
OhmConnect's platform aims to help users reduce their overall energy usage by 10% or more. The company provides energy-saving tips and allows users to track their savings through their online account. OhmConnect has expanded its offerings over time, introducing new plan types such as time-of-use plans designed for electric vehicle owners and pool owners in Texas.
Key customers and partnerships
OhmConnect has partnered with several utility companies to offer its services to their customers. These partnerships include Pacific Gas & Electric (PG&E), Southern California Edison (SCE), and San Diego Gas & Electric (SDG&E) in California, as well as Con Edison in New York. In March 2022, OhmConnect announced strategic partnerships with Carrier and SunPower to expand its energy flexibility solution.
The company has also integrated with devices from over 30 companies and manufacturers, including Google, to create a network of grid-responsive devices. As of June 2022, OhmConnect reported having more than 250,000 smart devices and appliances connected to its platform. The company aims to expand to millions of homes nationwide, with the goal of building out several gigawatts of flexible electric load across the US.

Butlr is an  AI people-sensing platform using body heat to detect occupancy, headcount, body posture, and activity, and generate accurate, real-time, and historical spatial insights for healthcare and sustainable buildings. Their sensor technology detects human presence anonymously using low-resolution thermal data and advanced AI and machine learning.

OhmConnect is a software based powerplant that assists users in organizing the way they use their electricity usage to lessen digital pollution. OhmConnect rewards its users by saving energy to allow them to make money and win prizes. The company was established in 2013 by Matt Deusterberg in Oakland, California.

Carrier is a provider of healthy, safe, sustainable and intelligent building and cold chain solutions, Carrier Global Corporation is committed to making the world safer, sustainable and more comfortable for generations to come.

<div> Carrier Global Corporation (NYSE: CARR) is a world leader in intelligent climate and energy solutions. Founded by Willis Carrier, the inventor of modern air conditioning, in 1915, the company has a long history of innovation in heating, ventilation, and air conditioning (HVAC) technologies. Carrier became an independent company in 2020 after being spun off from United Technologies. Carrier offers a comprehensive range of HVAC products and services for residential, commercial, and industrial applications. Its product portfolio includes: <ul> <li> Air conditioners with SEER2 ratings up to 24 </li> <li> Heat pumps with SEER2 ratings up to 22 </li> <li> Gas and oil furnaces with efficiency ratings up to 98.5% </li> <li> Ductless mini-split systems </li> <li> Packaged HVAC systems </li> <li> Boilers </li> <li> Air handlers and fan coils </li> <li> Smart thermostats and controls </li> <li> Air purifiers, humidifiers, and dehumidifiers </li> </ul> In January 2024, Carrier completed the acquisition of Viessmann Climate Solutions for approximately USD 13 billion, significantly expanding its presence in the European residential HVAC market. The company reported sales of USD 22.1 billion in 2023, up 8% from 2022. For 2024, Carrier is projecting sales of around USD 26.5 billion with mid-single-digit organic growth. The company is focused on capitalizing on sustainability trends and expanding its portfolio of energy-efficient and renewable climate solutions. </div>

Carrier Corporation

Carrier cuts annual revenue forecast on weak consumer demand, shares fall

Making cold chains faster, smarter, and cooler.

Cold Chain Innovation

Companies providing cold chain storage solutions, such as refrigerated facilities and warehouses for the secure storage of temperature-sensitive goods

Companies offering technologies to track and maintain precise temperature conditions throughout the entire supply chain, such as IoT sensors and temperature monitoring devices

Companies that design and produce packaging solutions to safeguard the integrity of temperature-sensitive products during transport

Companies that facilitate the safe and controlled movement of temperature-sensitive goods from one location to another, employing specialized equipment and logistics

Companies that provide technology-driven solutions to optimize and manage parts or all of the cold chain process

Empowering efficiency, visibility and collaboration throughout supply networks

Supply Chain Tech

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 <ul>
 <li>PAXAFE and Carrier are partnering to develop improved and sustainable cold chain systems for the pharmaceutical supply chain. They will integrate AI-powered risk models with cold chain monitoring and intelligence to minimize product losses and process inefficiencies caused by temperature-related issues. Their solution uses IoT devices to generate real-time visibility and data, which can be converted into actionable insights for better risk management across cold-chain operations. This initiative aims to offer greater control, resilience, and advanced decision-making capabilities to logistics managers and supply chain leaders in the pharmaceutical industry.</li>
 </ul>
</div>

Carrier Corporation

Featured Industries

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless