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Blockchain-based renewable energy trading, a budgeting function, high-frequency appliance disaggregation in real time

The need

Utilities are struggling to acquire, engage and retain customers, while customers struggle to reduce their energy bills. Carbon emissions and energy bills are increasing and the removal of the UK's feed in tariff (FiT) scheme means longer ROI on domestic renewables.

The solution

Verv unlocks granular energy data providing unique real time insights at an appliance level to users, providing utilities with a competitive advantage and the ability to personalise their services. This solution offers blockchain-based renewable energy trading, a budgeting function, high-frequency appliance disaggregation in real time, individual appliance usage cost and usage activity and safety notifications if key heated appliances are left on.

The value proposition

  • Ability to acquire, engage and retain customers - utilities.
  • Improved access to low carbon energy.
  • Reduced energy bills - users.
  • ROI for domestic renewable owners.

Unlocking energy data with AI to create unique smart home experiences

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Commercialised by

Verv 3 Lower Thames Street St Magnus House — EC3R 6HD London www.verv.energy

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