OhmConnect

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.