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In many states in the US, there are energy targets that must be met or the provider is subject to penalties. Opower is a startup who's entire business model (at
by sutterbomb 14y ago
In many states in the US, there are energy targets that must be met or the provider is subject to penalties. Opower is a startup who's entire business model (at least to start) was to work with utilities on hitting these targets. I could be wrong, but I think they were actually the first to use this peer comparison model in this space.
- davetron5000 14y agosutterbomb's post is 100% correct. Energy companies are often under strong regulator pressure to reduce consumption or to reduce consumption of specific fuel types (e.g. coal). Compared to wind or solar, a voluntary reduction in use by customers is a much more cost-effective means of meeting such regulations.