The startup develops a home energy management platform that integrates a virtual power plant to optimize the performance of connected systems like heat pumps, electric batteries, and solar panels. This technology enables homeowners to reduce energy costs by providing actionable insights for energy efficiency and control.
Funding
$4.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many homeowners lack clear insights into their energy consumption and potential savings from low-carbon technologies, resulting in higher energy bills. Existing solutions often fail to provide a comprehensive understanding of energy costs and personalized recommendations for improvement.
Solution
Heatio offers a home energy management platform that provides homeowners with a clear understanding of their energy costs and actionable recommendations for energy-saving upgrades. The platform begins with a free home energy score, detailing potential savings through low-carbon technologies. Heatio then conducts a digital assessment of home energy usage, providing personalized recommendations for tariffs and clean technology solutions like solar panels, heat pumps, and EV chargers. Through a remote Home Energy Optimisation Platform, Heatio continuously monitors and optimizes energy usage, maximizing savings and enabling homeowners to sell excess energy back to the grid.
Target Audience
Heatio primarily targets homeowners in the UK seeking to reduce their energy bills, improve their home energy efficiency, and transition to low-carbon technologies.
Features
- Free home energy score providing an initial assessment of potential energy savings.
- Digital assessment of home energy usage based on real-time data and property information.
- Personalized recommendations for optimal energy tariffs.
- Integration with solar panels, heat pumps, and EV chargers for renewable energy generation and reduced carbon footprint.
- Remote Home Energy Optimisation Platform for continuous monitoring and optimization of energy usage.
- Automation and flexibility through seamless connection of low-carbon technologies.
- Facilitation of government grants to reduce the cost of heat pump and EV charger installations.
- Access to financing options for solar and battery systems.