Voltus provides a platform that compensates commercial and industrial energy users for reducing or shifting their energy consumption through demand response programs. By participating in these programs, customers can generate significant revenue while contributing to grid stability across multiple wholesale power markets in the US and Canada.
Funding
$121.1M 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.
ACFounders
Product
Problem
Commercial and industrial energy users often lack the tools and expertise to effectively participate in demand response programs, missing out on potential revenue streams and opportunities to contribute to grid stability. Navigating the complexities of wholesale power markets and understanding energy consumption patterns can be challenging, hindering participation in these programs.
Solution
Voltus provides a platform that simplifies participation in demand response programs, enabling commercial and industrial energy users to earn revenue by reducing or shifting their energy consumption. The platform operates across all nine wholesale power markets in the US and Canada, identifying revenue and savings opportunities through demand response, demand charge avoidance, and other programs. Voltus offers a no-cost, no-risk enrollment process with a simplified commercial agreement, providing users with anytime access to track cash, performance, and avoided CO2 emissions. The platform also provides real-time energy data to improve performance and cash earnings.
Target Audience
The primary target audience includes commercial and industrial energy users seeking to generate revenue by participating in demand response programs and contributing to grid stability.
Features
- Participation in demand response programs across nine wholesale power markets in the US and Canada (AESO, CAISO, SPP, ERCOT, MISO, IESO, PJM, NYISO, ISO-NE)
- Real-time energy data tracking for performance improvement
- Automated tracking of avoided CO2 emissions from demand response participation
- AI Adjuster to maximize demand response revenue through automatic, real-time adjustments of nominations
- Simplified enrollment process with a no-cost, no-risk commercial agreement
- Transparent tracking of past and future payments