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Copper Labs Announces Launch of Neighborhood-Level DetectorCooper Labs

New offering provides utilities and customers near-real-time usage data from gas, electric and water meters without the need for costly retrofits

Posted January 26, 2023

BOULDER, Colo. — Copper Labs, a utility technology provider that supports gas, water and electric utilities, has announced that it has launched an innovative new neighborhood-level detector which wirelessly unlocks near-real-time data from existing utility meters at scale, and at a fraction of the time and cost of smart meter deployments. Copper’s pioneering hardware remotely captures data from hundreds of individual residential meters as frequently as once every 60 seconds and without the need for in-home equipment or Wi-Fi networks.  

“We are at a pivotal moment in the history of energy and resource management. Rising energy costs, supply constraints across the water, gas, and electricity sectors and a renewed focus on customer equity—combined with the need to rapidly decarbonize our world while responding to the impacts of a changing climate—are all putting unprecedented pressure on utilities,” said Dan Forman, CEO of Copper Labs. “Copper’s neighborhood-level detector empowers utilities and their customers with timely and actionable insights to meet evolving needs by remotely collecting near-real-time data from existing electric, gas, or water meters, eliminating the cost and disruption of new home metering infrastructure.”  

Utilities and their customers can use the data provided by Copper’s patented technology to better manage consumption, increase transparency, and prevent system overload. Copper’s mobile app empowers utility customers with personalized insights and alerts, and can provide timely information on carbon emissions, relevant utility rebate programs and optimal times for energy or water usage. Utilities can access the high-resolution data from a web portal and send customizable and targeted messages to customers, enabling new real-time demand management capabilities and a more personalized customer experience. And, because the neighborhood-level detector doesn’t require in-home Wi-Fi, it offers unique opportunities to help utilities better engage low- to moderate-income customers as well.

“Our new neighborhood-level detector represents a major leap forward in our ability to help utilities meet their goals at scale, and with the urgency the climate crisis demands,” said Forman. “By providing critical insights when they’re needed most, we can help utilities collaborate with their customers, conserve resources, and meet some of the most pressing challenges of our time.”          

CLICK HERE to read the full press release.

 

EnergyHub Job Opportunity: Associate Client Success ManagerEnergyHub

Located in Arizona

Posted January 25, 2023

EnergyHub empowers utilities and their customers to create a clean, distributed energy future. Our clients are real utilities managing the real electrical grid that enable the normal lives of millions of real people. Our mission is to keep the grid running reliably while enabling more renewable energy and reducing reliance on fossil fuel.

We are seeking an Associate Client Success Manager. EnergyHub’s Client Success team launches and operates best-in-class programs for electric utilities, helping them address grid challenges by engaging customers with connected devices. As an Associate Client Success Manager, you will support a Strategic CSM managing our Arizona client portfolio by assisting in program and platform launches, maintaining strong client relationships, and working closely with our sales, product, engineering, and marketing teams to help the client achieve their goals.

You will also support the client success team in developing strategic partnerships with other utility clients in the wider region. This includes handling foundational level operations and day-to-day processes during different points in the client life cycle.

This role is a great opportunity for someone looking to get started in, or progress on their journey with utility partnerships, and wants exposure to every stage in maintaining successful client relationships with the eye on fully managing client relationships themselves in the not-too-distant future. 

The successful candidate is a quick learner and proactive self-starter who is passionate about building relationships with clients and working with software products, has the ability to communicate data-driven messages to varying audiences, and consistently exercises sound business judgment.

Main Responsibilities

  • Support a Strategic CSM manage a cluster of our most important clients in Arizona, Including managing the launch of our platform and programs, building and maintaining strong operational client relationships, and serving as a trusted partner to your clients and our internal sales, product, engineering and marketing teams to maintain account health
  • Support the Client Success team in developing strategic partnerships with other utility clients in the wider region to grow the size of their programs
  • Be a trusted advisor by prioritizing program tasks/activities and using business judgment to balance internal needs with client goals
  • Gain insight into clients’ goals and design programs that support these targets
  • Creatively problem-solve when difficult situations arise and resolve operational obstacles
  • Act as client success advocate for program launches and manage multi-faceted programs with device partners, clients and internal teams
  • Ensure account activities are executed in a timely fashion in accordance with established standard operating procedure and assist client success team members in day-to-day tasks including taking notes during client calls
  • Prepare recurring client reports, analyze and present key results, facilitate meetings, and deliver nuanced technical and data driven messages to clients
  • Maintain consistent and frequent communication with an array of stakeholders including clients and device partners, to ensure efficient program implementation, review ongoing needs, and provide timely recommendations to help achieve program success
  • Develop knowledge of demand management, DERs (distributed energy resources), and the drivers of program success
  • Foster a deep comprehension of the product, service offerings and functionality to effectively communicate capabilities to clients, contribute to program design and provide training to client program teams

CLICK HERE to read more about the job and to apply.

 

Tantalus Systems Announces Preliminary 2022 Financial HighlightsTantulus

Anticipates reporting 23% revenue growth with record quarterly revenue and annual sales orders

Posted January 19, 2023

BURNABY, BC – January 19, 2023 – Tantalus Systems (TSX: GRID) (“Tantalus” or the “Company”), a company focused on helping build sustainable utilities for the future, is pleased to announce preliminary financial results for the quarter and year ended December 31, 2022. Tantalus believes that it will be reporting a strong quarterly and annual performance (as highlighted below) and is ending the year well-positioned for continued growth in 2023 as utilities accelerate smart grid investments.

“We started 2022 with the transformative acquisition of Congruitive to position Tantalus at the forefront of helping utilities prepare for the integration of microgrids, roof-top solar, storage and electric vehicle charging infrastructure and ended the year with strong financial results including a record level of revenue generated in a quarter,” said Pete Londa, President & CEO of Tantalus Systems. “As we turn our sights towards 2023, we continue to witness improving visibility into our financial position, strong demand for our new TRUSense™ Gateway product offering and favorable tailwinds across the utility industry,” said Mr. Londa.

Summary of Highlights

  • Q4 Revenue: Estimated at US$12.0 million to US$12.2 million, representing the highest quarterly revenue in Tantalus’ history and approximately 60% growth over the prior year.
  • 2022 Revenue: Estimated at US$39.5 million to US$39.7 million, representing approximately 23% growth over the prior year.
  • Annual Recurring Revenue (ARR)[1]: Estimated at approximately US$9.8 million as at December 31, 2022, representing approximately 13% growth over the prior year.
  • Q4 Adjusted EBITDA[2]: Estimated at positive US$0.075 million to US$0.15 million.
  • 2022 Adjusted EBITDA[3]: Estimated at (US$2.3) million to (US$2.5) million reflecting the Company’s investments in R&D initiatives.
  • Cash: US$5.9 million as of December 31, 2022 which is estimated to be sufficient to support ongoing operations and R&D investments, exclusive of US$0.7 million restricted cash.
  • Orders: The Company converted approximately US$42 million in orders from its sales pipeline, representing the highest order conversion for a calendar year in the Company’s history and year-over-year growth of approximately 12%.

CLICK HERE to read the full press release.

 

Virtual Peaker & Emporia Integrate APIs for EV ChargersVirtual Peaker

Integration Provides Utilities Control Over EV Charging to Better Balance the Grid

Posted January 18, 2023

January 18, 2023; Louisville, KY and Littleton, CO – Virtual Peaker, a cloud-based SaaS company empowering modern utilities with the friendliest distributed energy platform on the planet, and Emporia, an energy management technology company with a goal of making energy efficiency accessible to all homeowners by creating energy-saving technology at the lowest cost and highest quality possible, have integrated their technologies to connect via the internet any Emporia electric vehicle supply equipment (EVSE) to Virtual Peaker’s DERMS Suite, Shift.

Emporia is Virtual Peaker’s first EVSE partner to integrate via the Gravity Connect API open specification, giving utility program managers enhanced access to more refined controls when compared to OpenADR. The new partnership makes it easy for owners of Emporia’s hardware to enroll and participate in any of the programs supported by Virtual Peaker’s platform. Utilities leveraging this partnership can expect seamless customer onboarding, advanced control capabilities (including Time-of-Use), and integrated, real-time EVSE device telemetry. Emporia’s Level 2 EVSE standard charging ports work with nearly any EV (Teslas require an adapter), and consumers who purchase qualified residential fueling equipment between January 1, 2023, and December 31, 2032, may receive a tax credit of up to $1,000.

The global market for EV charging stations is expected to continue to experience rapid growth, increasing sixfold in seven years from $17.59 billion in 2021 to $111.90 billion by 2028 according to Fortune Business Insights. The Virtual Peaker / Emporia partnership allows utilities more options for EVSE devices, making their distributed energy resource (DER) programs more effective with a larger customer reach. EV program participation also helps EV owners reduce their cost of ownership by providing additional rebates and incentives.

“Together, Virtual Peaker and Emporia are well positioned to help utilities easily and rapidly expand the fast-growing EV home charging market,” said Virtual Peaker Founder & CEO Dr. William (Bill) Burke. “We’re using technology to quickly connect devices and people to maximize the value of distributed energy resources, optimize and balance the electric grid, and combat climate change.”

CLICK HERE to read the full press release.

 

Sinopé Technologies launches Calypso, a smart water heater controller designed to provide the most profitable energy savings

Sinope

Posted January 13, 2023

Water Heater

Saint-Jean-sur-Richelieu, CANADA - December 1st, 2022 – Sinopé Technologies, Canada’s largest smart home devices manufacturer for the residential and multi-residential sectors, unveils Calypso, a smart water heater controller designed to provide the most profitable energy savings during peak periods as part of power utility’s dynamic pricing programs, time-of-use rates, and during a prolonged absence.

"Calypso is launched symbolically today as our dynamic pricing season begins on December 1st, here in Quebec, Canada, but this smart water heater controller is an asset for anyone aiming to boost their energy savings efficiently and effortlessly all year long. Calypso practically pays for itself in no time," says Maxime Caron-Labonté, Chief Commercial Officer at Sinopé Technologies.

Compact, easy to install and equipped with a temperature sensor, the Calypso smart water heater controller facilitates remote control of the water heater and aligns with power utilities’ dynamic pricing programs while maintaining users’ comfort and safety.

Water heating represents up to 20% of the households’ annual energy consumption. Turning off the water heater during peak events in a dynamic pricing or time-of-use rate or during a prolonged absence is one of the moves that pays off the most.

Sinopé Technologies’ home energy management ecosystems, which include the Calypso smart water heater controller, were awarded the Grand Prize Winner of the 2021 Integrated Home Competition held by the Consortium for Energy Efficiency.

CLICK HERE to read the full press release.

 
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