Uplight Acquires Ecotagious
Ecotagious, a leader in delivering energy savings through machine learning and advanced disaggregation, further extends Uplight’s lead in providing personalized energy experiences
August 16, 2019 -- Uplight recently (8/6) announced it has acquired Ecotagious, a market leader in turning a customer’s energy data into energy savings. The deal follows the recent merger of Simple Energy and Tendril, and subsequent formation of Uplight, a provider of customer experience and engagement solutions for the utility industry.
Ecotagious’ SaaS-based insights platform uses advanced smart meter disaggregation, machine learning and behavioral science to provide residential customers with uniquely personalized, appliance-level insights into their energy experience. Applied to Home Energy Reports (HERs), home voice assistants, APIs that allow energy providers to build their own applications, and more, their unique disaggregation technology has contributed to impressive results across gas and electric programs at more than 13 utilities in Canada, the United States and internationally. A sampling of the company’s results include:
- 3.2 percent average winter electricity savings and 2.1 percent average natural gas savings (third-party verified)
- 70 percent improvement in Demand Side Management (DSM) program participation
- Ecotagious is also developing load profiles and personalized insights to help low-income customers in California save on their electricity bills
“After achieving record growth in 2018 and delivering impressive results for our utility partners, we knew our data-driven approach to customer engagement was resonating,” said Bruce Townson, CEO, Ecotagious. “I am excited to continue that momentum as part of Uplight. Their focus on accelerating the clean energy transition by motivating and enabling energy users delivers significant benefits to the utility customers we have today, as well as those we will work together with in the future.”
Born from the merger of Tendril and Simple Energy, and the acquisitions of FirstFuel, EEme and EnergySavvy, Uplight is the leading provider of end-to-end customer-centric technology solutions dedicated solely to serving the energy ecosystem. Uplight provides software and services to more than 85 of North America’s leading electric and gas utilities serving 110 million homes and businesses.
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