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EnergyHub and Bidgely Partner to Bring Unique Integrated Demand-Side Management Solution to Utilities

January 29, 2019

NEW YORK & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan 29, 2019--EnergyHub and Bidgely have partnered to deliver an integrated solution that combines EnergyHub’s Mercury distributed energy resource management system (DERMS), connected device ecosystem and customer lifecycle tools with Bidgely’s artificial intelligence home energy management (HEM) platform and Insights Engine. The linked platforms bring utilities the best customer engagement, energy efficiency and load-shaping solution.

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The combination of EnergyHub’s industry-leading device ecosystem with Bidgely’s behavioral demand response offering allows utilities to deliver more load impact across more device categories than any other offering on the market. (Graphic: Business Wire)

The partnership will increase the adoption of energy-efficient connected devices and boost enrollment in demand response and other demand-side management programs, as well as encourage customers to maximize the benefits of time-of-use and demand-based pricing.

“By linking the connected home ecosystem with our AI-powered home energy management platform, we’re giving utilities the opportunity to shape how customers interact with the grid and to drive new utility value streams while doing it,” said Bidgely CEO Abhay Gupta. “It also creates new leverage for platform spending across energy efficiency and demand response programs — using utility customer engagement efforts to drive enrollment in connected device and DER programs.”

Utilities can use patented time-of-use disaggregation and other advanced analytics from Bidgely to identify customers who would benefit from enrolling in a demand response program or purchasing new connected devices from a utility marketplace and reach those customers with targeted, personalized marketing. The linked platforms will also allow utilities to raise awareness among customers regarding how they can use connected devices to benefit from dynamic pricing programs. Utility customers will also benefit from the partnership, receiving personalized offers that help them save money and incentivize them to adopt connected devices.

The combination of EnergyHub’s industry-leading device ecosystem with Bidgely’s behavioral demand response offering allows utilities to deliver more load impact across more device categories than any other offering on the market.

“This partnership creates an opportunity for utilities to massively scale connected device programs while providing customers with things they truly value: access to connected devices and potential bill savings,” said EnergyHub President and Co-founder Seth Frader-Thompson. “We’re looking forward to working with Bidgely to help utilities meet their goals while improving customer satisfaction.”

For more information on the Bidgely and EnergyHub partnership, visit: https://bidgely.com/energyhub/.

About EnergyHub

EnergyHub is the connected device solution for utilities. EnergyHub’s Mercury DERMS allows utilities to partner with their customers to deliver more powerful demand response and grid services using the industry’s leading ecosystem of connected devices and distributed energy resources. Our Bring Your Own Thermostat® service makes millions of existing connected homes available to utilities for demand response without a single truck roll. Dozens of utilities rely on EnergyHub to deliver critical demand response services. EnergyHub is an independent subsidiary of Alarm.com (NASDAQ: ALRM), the leading technology provider of connected home solutions. For more information, visit www.energyhub.com.

About Bidgely

Bidgely is transforming the way customers interact with their energy use. By combining the power of SaaS-based analytics with consumer-friendly web and mobile applications, Bidgely provides personalized and actionable insights that help customers save energy and enable utilities to build enduring customer relationships. The company works with utilities serving residential customers around the world. For more information, please visit www.bidgely.com or the Bidgely blog at bidgely.com/blog.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190129005261/en/

CONTACT: Grant Engle

EnergyHub

engle@energyhub.netChristine Bennett

Bidgely

press@bidgely.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA NEW YORK

INDUSTRY KEYWORD: BUILDING SYSTEMS ENERGY UTILITIES OTHER ENERGY TECHNOLOGY HARDWARE INTERNET NETWORKS SOFTWARE TELECOMMUNICATIONS HOME GOODS MOBILE/WIRELESS ENVIRONMENT RETAIL CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Bidgely

Copyright Business Wire 2019.

PUB: 01/29/2019 07:00 AM/DISC: 01/29/2019 07:01 AM

http://www.businesswire.com/news/home/20190129005261/en

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