British Gas New Energy and AlertMe.com, provider of smart energy saving systems for homes, has announced an agreement that will see the two companies trial home energy management technologies, to help British Gas customers cut their energy consumption, save money and reduce their household carbon emissions.
This agreement follows the announcement in June of AlertMe securing £8 million in Series B funding by investors Good Energies, Index Ventures, SET Venture Partners and VantagePoint Venture Partners allowing AlertMe to continue its commitment to developing leading Smart Energy systems. The financing enables AlertMe.com to extend its product development program, continue to ramp up its distribution strategy and to expand the existing team.
Home energy usage accounts for more than one quarter of total energy consumption across Europe and the United States, and consumers are increasingly looking for ways to save money and help the planet. The energy-saving technology from AlertMe.com, which is based on its Smart Home platform, is cheap and easy to use and can help consumers make significant savings on their residential energy costs, year-upon-year. Home energy-saving is the fastest and lowest-cost way to close the large gap between today's demand and what renewables can supply.
The AlertMe.com energy kit is connected to the Internet via the home's broadband connection, providing an online service that is easy to use from home, office or even while on holiday. It constantly measures and controls individual appliances within the home as well as measuring and managing the home's overall energy usage. The home-owner can then conveniently view this information and change settings.
The service could be made available to British Gas customers by the end of 2009.
(CD/KMcA)
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CONSTRUCTION DIRECTORY
Construction News
21/07/2009
British Gas New Energy And AlertMe.com Announce Home Energy Management Agreement
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