Powerley

Overview
News
Smart Homes: Energy & Water Solutions?
Product stageSegments
Growth
?
Home energy monitoring and management
?

Powerley is a company that designs, develops, and delivers custom-labeled DIY Home Energy Management solutions. Its product offerings include hardware, software, and user experience (UX) that work together to empower households to control their energy utilization, waste, and carbon footprints through web and mobile applications. Powerley's solutions enable utility companies to modernize their digital customer engagement and provide them with a tool to accelerate the transition to clean energy.

In October 2023, Powerley formed a strategic partnership with NET2GRID, a company that specializes in Energy AI disaggregation services. This partnership combines Powerley's award-winning user experience, data visualization apps, and Software-as-a-Service (SaaS) offerings with NET2GRID's unique Energy AI disaggregation services, setting a new industry standard for utility partners and customers.

The combined solution allows homeowners to see their energy usage and costs down to the appliance level on a daily basis. Powerley's solutions also provide utilities with immediate visibility of residential solar panels, electric vehicles, and battery storage units within their service areas, enabling them to provide customers with expert guidance on optimizing these resources for enhanced grid management and more efficient demand response strategies.

Powerley has created a SaaS business centered around home energy management by combining its features, ease-of-use, and user experience. The company has worked with some of the biggest energy companies in the world, including DTE Energy, E.ON, and EDP, demonstrating its deep understanding of market challenges and positioning the partnership with NET2GRID to provide a comprehensive, holistic solution.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
123 W. Fifth St Royal Oak MI USA
Founded year:
2015
Employees:
11-50
IPO status:
Private
Total funding:
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Last Funding:
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Last valuation:
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