ECCI climate start-up alumni Equiwatt has been helping households across the UK to use energy more intelligently and efficiently for nearly two years and are now planning to extend their service to include smart EV charging.
Equiwatt - a clean technology company with a smart energy platform building a community-led Virtual Power Plant - took part in ECCI's renowned EIT Climate-KIC Accelerator - a three stage programme that gave entrepreneurs funding, coaching and support to develop a successful business model.
Their current app helps to reduce energy usage at peak times by automatically switching off high powered household appliances during peak energy demand.
The new smart charging solution will soon be in trial and enable EV drivers to be rewarded for smart charging, to save in energy costs, reduce their carbon footprint and be part of an energy savvy community.
Equiwatt was recently one of only six UK technology businesses to be part of the prestigious Energy Systems Catapult Incubator Platform, being recognised as a high growth potential SME.
In little more than a year, the business has grown from several beta trials (including members of the ECCI community!) to thousands of registered users and a loyal base of active participants connecting to their Virtual Power Plant with appliances including fridges and freezers, electric heaters, washers, dryers, air cons and even ponds and fish tank pumps!
Atzin Madrid, Equiwatt Product Manager said: "2020 was a great year for Equiwatt, we were selected as one of six UK technology businesses to be part of the prestigious Energy Systems Catapult Incubator Platform, and soon after Equiwatt completed its first major investment round, having secured investment from regional and national investors.
"The support provided by EIT Climate-KIC and ECCI was key to reaching investment readiness, building commercial partnerships and accelerating our start-up towards seed investment raise and market launch."
If you are an EV driver and are interested in taking part in the new EV Smart Charging app trial, find out more and register here.