EnPowered

EnPowered

EnPowered is a Canadian energy management organization, established in 2015. The company groups together consumers and businesses to get a lower group-buying rate for energy and control their energy usage as well as costs.

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Carla Faraguna"Text adapted from the Wikipedia page "EnPowered": https://en.wikipedia.org/wiki/EnPowered"
Carla Faraguna edited on 15 July, 2019 11:42 pm
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EnPowered

EnPowered is a Canadian energy management organization, established in 2015. The company groups together consumers and businesses to get a lower group-buying rate for energy and control their energy usage as well as costs.

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EnPowered was founded by Tomas Van Stee in 2015 in Toronto, before moving to the Velocity Incubator at the University of Waterloo.

In the summer of 2016, EnPowered began working with consumers in Ontario in an open-beta. The company introduced the group-buying system, where customers that use at least 50 percent of their electricity during the day are placed in one group. The group then turns into a larger volume with more customers added, allowing them to pay less. According to the company, users are mandated to sign up with their local hydro account number.

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According to The Record's Terry Pender, in an effort to reduce electricity bills for customers in Ontario, the company in 2019 "launched a software platform that uses artificial intelligence (AI) to navigate a complicated energy conservation program".

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