Utilities and energy consumers will soon be engulfed in massive clouds of energy data emerging from newly installed SmartMeters. We believe by combining real-time consumption data with accurate pricing data, cleanweb hackers might create the key to our energy future.
Not all Kilowatt hours are created equal. All investor-owned utilities in California are mandated to pursue time-varying prices, like Critical Peak Pricing. Last year, residential PG&E customers that had opted-in to SmartRates cut their average use by about 17 percent on nine “SmartDay” events.
Within the next 3 years approximately 1.25 million small and mid-sized businesses will be defaulted on “Critical Peak Pricing” plans in California alone.
Stay tuned for our next post: We have a few suggested hacks, APIs and datasets that developers can mash-up with our electricity pricing data to deliver both residential and commercial energy customers real savings, while concurrently reducing peak energy demand.