Bidgely Touts Residential Energy Efficiency Solution (ind. Report)
Mountain View, California-based utility artificial (AI) intelligence specialist Bidgely is reporting its Home Energy Reports HER 2.0 Solution increases energy savings by 80 pct and enables utilities to design more accurate treatment groups for behavioral energy efficiency programs -- including lower base-load consumption users and low-income households.
Having partnered with numerous utilities and the largest energy retailers around the world, like TEPCO in Japan and Rocky Mountain Power and Duke Energy in North America, to improve behavioral energy efficiency programs, drive substantial $/kWh savings and expand the customer reach with the Bidgely HER 2.0 Solution, customer results have shown:
41GWhs of energy savings in less than one year at a 25 pct program cost savings and 80 pct "Likes" from customer satisfaction for the program;
2 times higher energy savings in peak months compared to paper-only based programs, as a result of multiple touch points and tailored messages throughout the customer journey;
40 pct expansion of treatment population at no additional cost through AI-powered personalized energy profiles of each home;
50 pct reduction in high bill calls and a correlation to an increased JD Power score of two quartiles.
Bidgely has over 15 energy patents, $50 million in funding, retains more than 30 data scientists, and serves residential customers around the world, according to the company. (Source: Bidgely, Oleans Times Herald, 7 April, 2020) Contact: Bidgely, Colin Gibbs, VP Strategy, www.bidgely.com
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