According to info released today by Oak Ridge National Laboratory, the lab has licensed a technology to Knoxville-based Fiveworx to help consumers reduce their utility bills by better analyzing their home’s energy use.
The CoNNECT (Citizen Engagement for Energy Efficient Communities) technology reportedly will let utility customers more easily check their energy consumption.
“Fiveworx will apply the CoNNECT tool toward its mission to help utilities increase participation in their energy efficiency programs while reducing their marketing costs,” the news release said.
Here’s a statement from Fireworx CEO Patrick Hunt:
“Our goal is to motivate consumers to do five or more things to save money on their utility bills. By combining principles of behavioral economics, consumer segmentation, big data, and predictive analytics, we help utilities give their customers a truly personalized energy savings plan that they’ll embrace and use to adopt energy efficient measures and behaviors.”
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