Elax offers a smart thermostat solution that remotely controls electric water heaters based on tenant needs, significantly reducing energy consumption by up to 30%. This technology addresses the issue of excessive energy use in social housing, providing measurable savings of over €100 per year for tenants while enabling predictive maintenance for landlords.
Funding
Funding not disclosed
Founders
Product
Problem
Social housing tenants often face high energy bills due to inefficient electric water heaters, while landlords lack real-time insights into water heater performance and potential maintenance issues. This leads to unnecessary energy consumption, increased costs for tenants, and reactive maintenance practices for property managers.
Solution
Elax provides a smart thermostat solution for electric water heaters that optimizes energy consumption based on tenant needs and provides predictive maintenance capabilities for landlords. The Elax device installs directly onto existing water heaters and uses a 4G connection to securely transmit data to Elax servers. By intelligently controlling the water heater's temperature, Elax reduces energy waste and lowers tenant utility bills. Landlords gain access to a dashboard that provides real-time monitoring of water heater performance, identifies potential issues like leaks or scaling, and enables proactive maintenance.
Target Audience
The primary target audience includes social housing landlords seeking to reduce energy consumption and improve maintenance efficiency, as well as social housing tenants looking to lower their electricity bills.
Features
- Smart thermostat that optimizes water heater temperature based on tenant usage patterns
- Remote control and monitoring via a 4G connection
- Real-time data transmission and secure cloud storage
- Predictive maintenance alerts for leaks, scaling, and other potential issues
- Landlord dashboard with performance metrics and customizable reports
- Quick installation (under 20 minutes) on all types of electric water heaters
- Manufactured in France