Ozzie Diaz VP, Product Management. About People Power believe in the power of the people Experienced Team of 41 people Reliable open source network Venture-backed.

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Presentation transcript:

Ozzie Diaz VP, Product Management

About People Power believe in the power of the people Experienced Team of 41 people Reliable open source network Venture-backed by New Cycle Capital, Seraph Group, others Partnered with experts

Consumer Dilemma We use lots of electricity but we don't know on what or how to lower it A 20% reduction in residential electricity usage can save $32B per year in US alone! We don’t have an easy way to help solve climate change The wholesale cost of electricity is steadily increasing, and being passed on to the consumer

Wholesale Electricity Price $/MWh* Index Relative to Year 2000 *Real (inflation-adjusted) 2000$ Source: EPRI, 2009 Year

Who is consuming energy?

Source: 7B Labs (2009) A Huge Market

PhoneCable TV Utility

#1 Try #2 Pledge #3 Invite

We need to plug in to the Future of Home Energy Efficiency Give consumers devices with an easy to use dashboard to “set and forget” Some people want ways to save money, others to save the planet “We don’t inherit the earth from our ancestors, we borrow it from our children” – Native American saying Summary