GridPoint Releases Next-Generation Home Energy Management

GridPoint, Inc., an established leader in smart grid solutions, today announced the availability of its next-generation home energy management solution, a comprehensive offering that provides the foundation for an interactive, ongoing relationship between utilities and consumers. Designed to be a meaningful tool consumers use regularly, the new release provides visibility to natural gas as well as electricity consumption, offers conservation tips based on individual lifestyles, and supports enrollment in utility programs – including energy efficiency, solar and demand response programs.

Unlike purely Web-based home energy monitoring products offering conservation tips and limited bill presentment, GridPoint’s customer-facing solution – due to tight integration with utility back-end systems – offers both personalized energy efficiency recommendations and the ability to execute key transactions.

The result is a meaningful, one-stop energy management solution that encourages repeated consumer use. In addition to viewing and paying their bills, utility customers can now register for a broad range of utility programs and remotely manage an expanded number of smart home devices. Frequent, active engagement with home energy information will deliver the smart grid benefits both utilities and consumers desire – cost-effective, efficient energy delivery and consumption.

“Our home energy management software empowers utility customers with comprehensive, personal information they can regularly act upon,” said Michael J. Carlson, Executive Vice President, GridPoint. “The innovative design of our consumer portal is extensible to our other smart grid applications, allowing utilities to use the same familiar venue to engage customers in programs such as load management or smart charging their electric vehicles.”

GridPoint’s enhanced offering includes:

Complete View of Energy Consumption – Integration with utility-provided electricity and gas consumption information provides consumers with a more complete view of their total energy usage.

Utility Program Support & Easy Opt In – Key utility initiatives are supported, enabling consumers to enroll in energy efficiency, solar, demand response and other relevant programs.

Enhanced Device Control – The number of smart home devices and device types that consumers can remotely manage via the Internet, in-home display or smart phone has expanded, reflecting the rapid growth of this market. GridPoint’s open, standards-based server technology allows for the rapid integration of new devices.

Personalized Conservation Tips – Enhanced analytics and utility system integration allow consumers to receive highly customized recommendations on how to save money and reduce their carbon footprint. Rich media, including video, makes energy efficiency tips meaningful and encourages adoption.

GridPoint is working with utilities nationwide including Austin Energy, Duke Energy, Kansas City Power & Light, Sacramento Municipal Utility District and Xcel Energy. The company was recently named to the Global Cleantech 100 and in 2008 was selected by the World Economic Forum as a Technology Pioneer.

GridPoint, Inc., an established leader in smart grid software and services, enables energy producers and consumers to manage the transformation to a smart grid. The company’s software applications integrate, aggregate and manage distributed sources of load, storage and generation. Utilities use GridPoint’s solutions to efficiently balance supply and demand, improve grid reliability and empower consumers with user-friendly software to manage energy consumption.

Enterprise customers use GridPoint’s intelligent energy management and revenue-grade sub-metering systems to increase their facilities’ efficiency. GridPoint’s innovative portal connects residential and enterprise customers to the smart grid – providing them with energy information and engaging them in a variety of utility programs, including demand response, solar, storage, sub-metering or even smart charging programs for plug-in electric vehicles. With GridPoint’s interoperable platform, utility and enterprise customers realize the benefits of energy intelligence. The result is a practical path to developing a clean, efficient 21st century grid. On the Net: