Spotmyenergy provides a turnkey home energy solution that combines a real‑time smart meter, an automated energy management system, and dynamic spot‑market electricity tariffs into one app. By continuously monitoring consumption and coordinating PV generation, heat‑pump operation, EV charging, and battery storage, the platform shifts loads to the cheapest price periods, delivering up to €600 a year in electricity savings and greater self‑sufficiency for residential renewable‑energy owners.
Funding
$54.7M 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.
HEFounders
Product
Problem
Homeowners with photovoltaic panels, heat pumps, EV chargers, or battery storage often lack real‑time visibility and control over their energy consumption, leading to higher electricity bills, low self‑sufficiency, and dependence on static utility tariffs.
Solution
Spotmyenergy combines a smart meter, a home energy management system (HEMS), and dynamic spot‑market electricity tariffs into a single, app‑driven platform. The smart meter streams consumption data in near real‑time, while the HEMS automatically coordinates PV generation, heat‑pump operation, EV charging, and battery storage to minimize costs. By accessing wholesale spot prices, the system schedules flexible loads when electricity is cheapest, reducing both energy and grid‑connection fees. Users receive transparent dashboards that show consumption, generation, and cost breakdowns, enabling informed decisions and greater energy independence. The solution is delivered as a turnkey package that can be commissioned instantly without separate installations.
Target Audience
Primary customers are residential owners of renewable energy systems—such as solar PV, heat pumps, EV chargers, and home batteries—who seek to lower electricity costs and increase self‑sufficiency.
Features
- Real‑time metering with minute‑level data transmission to the Spotmyenergy cloud
- Automated HEMS that optimizes the operation of PV, heat pumps, EV chargers, and home batteries
- Dynamic pricing engine that purchases electricity from spot markets and shifts loads to low‑price periods
- Unified mobile app providing live consumption, generation, cost analytics, and remote device control
- Instant commissioning of new installations through plug‑and‑play hardware integration
- Integrated reporting of grid fees and potential savings up to €600 per year on electricity bills