The Future of Energy Control
Expertise in delivering in home technology products that are easy to install – Over 10,000 installs in Ireland /UK New Home Energy Company (Climote) - Jan 2011 funded with Angel investment from Geneva 2 Who are we? Parent Irish owned company established 2002
Difficult to program No remote control 3 What is the consumer Problem?
4 Business Model What is the Solution? Heating Control HUB Irish Patent awarded December 2011 – International Patent Pending “HOME CONTROL FROM YOUR POCKET “ “Home Control from your pocket ”
Do Consumers like climote?
Reduce Customer churn Leader in Customer engagement Brand Enhancement Differentiation not Price Discounting Achieve legislative targets
7 Utility Branded Portal and App
8 Carbon Reduction options for Utility Ireland’s target 800m kWh p.a. MeasurekWh Rating Source SEAI Approx cost to install (Euro) Cost Per kWh (cents) No of units to install based on 100m kWh target Cost to roll out to hit utility target Climote Hub ** €17m Cavity Wall Insulation €29m Roof Insulation €49m Heating Control Upgrade with High Efficiency boiler €52M Heating Control Upgrade €65M Internal wall insulation ,000€128m External Wall Insulation ,949€205m Solar panel €236M
9 Home Energy Users by Interface Type
Launch SEAI Energy Show 2012 Dublin Focus on Ireland UK 2012/2013 European Markets From 2014 Winner Product of Show Most Innovative Product Best Controls Product
The Future of Energy Control