About Elastic Energy

Elastic Energy Inc. offers Elle, a home energy management system that optimizes energy consumption through automated adjustments, reducing overall energy costs for homeowners. The platform empowers users to control their energy usage while integrating with electric upgrades like solar and heat pumps, addressing the complexity and rising costs of energy bills.

```xml <problem> Homeowners face rising and increasingly complex energy bills, while utilities seek greater control over home appliances without providing consumers a say in energy usage. Existing energy management systems often lack user-friendly interfaces and the ability to seamlessly integrate with modern electric upgrades. </problem> <solution> Elastic Energy Inc. offers Elle, a home energy management system designed to simplify and optimize home energy consumption. Elle acts as a "home energy copilot," making numerous small, automated adjustments throughout the day to reduce energy costs without requiring constant user intervention. The platform also provides a unified interface for homeowners who prefer to manage their energy usage directly. Elle integrates with electric upgrades such as solar panels and heat pumps, providing a comprehensive solution for modern energy management. </solution> <features> - Automated energy optimization through continuous, small adjustments - Unified interface for direct user control over energy consumption - Seamless integration with solar panels, heat pumps, and other electric upgrades - Compatibility with a range of home appliances and energy systems </features> <target_audience> The primary target audience is homeowners in California and New York (with plans for expansion) who are seeking to reduce energy costs and simplify home energy management, particularly those who have or are considering electric upgrades. </target_audience> ```

What does Elastic Energy do?

Where is Elastic Energy located?

Elastic Energy is based in Victoria, Hong Kong.

When was Elastic Energy founded?

Elastic Energy was founded in 2023.

Location

Victoria, Hong Kong

Founded

2023

Employees

6 employees

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Elastic Energy

Score: 40/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

elasticenergy.io 50+

Founded 2023 – Victoria, Hong Kong

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (5+)

Erika Dains

Founding Engineer

Company Description

Problem

Homeowners face rising and increasingly complex energy bills, while utilities seek greater control over home appliances without providing consumers a say in energy usage. Existing energy management systems often lack user-friendly interfaces and the ability to seamlessly integrate with modern electric upgrades.

Solution

Elastic Energy Inc. offers Elle, a home energy management system designed to simplify and optimize home energy consumption. Elle acts as a "home energy copilot," making numerous small, automated adjustments throughout the day to reduce energy costs without requiring constant user intervention. The platform also provides a unified interface for homeowners who prefer to manage their energy usage directly. Elle integrates with electric upgrades such as solar panels and heat pumps, providing a comprehensive solution for modern energy management.

Features

Automated energy optimization through continuous, small adjustments

Unified interface for direct user control over energy consumption

Seamless integration with solar panels, heat pumps, and other electric upgrades

Compatibility with a range of home appliances and energy systems

Target Audience

The primary target audience is homeowners in California and New York (with plans for expansion) who are seeking to reduce energy costs and simplify home energy management, particularly those who have or are considering electric upgrades.