IoT System for Energy Management

The client is a fast-growing US-based company in the energy management and storage sector. The company engineered state-of-the-art hardware — a smart box installed next to an ordinary circuit breaker panel. The system enables responsive management of the household’s power consumption, storage, and pricing. It provides unprecedented visibility and control over the household’s energy usage and facilitates the adoption of renewables.

Since 2017, Digiteum has been working on the client’s IoT energy monitoring platform as a dedicated development team. The team was assigned to design, implement and enhance the platform’s functionality and build applications for different end-users.

Today, the client’s system stands out among other IoT projects on energy conservation and management and is recognized by a number of leading companies in the Internet of Things green technology sector, including big solar and energy storage players. During the past few years, the system has transformed from a home power management system to a complex decentralized grid ecosystem available for every householder at an affordable price. A mixture of smart hardware and software solutions, now it allows households not only to save money by simple circuits management. The system acts as a central point for communication between different energy modules, such as PV, storage and incoming power, and optimizes their performance.

*INNOVATOR OF THE YEAR (2019 BY CBIC)
*TOP SOLAR PRODUCT OF 2020
*NAMED AS “TECHNOLOGY THAT IS SUPER IMPORTANT” (SPI 2019 MEDIA ROUND-UP)
*FEATURED AMONG CLEAN TECH ENTREPRENEURS (CMU ENERGY WEEK 2019)

Thanks to IoT monitoring tools integrated into the system, different categories of end-users — households, electricity suppliers, utilities and construction companies, PV manufacturers and installers, environmentalists and researchers — gain incredible visibility into power consumption.

Smart homes and smart buildings

Households and the residents of smart buildings get multiple benefits from using the client’s IoT power monitoring and management system. Apart from responsive control over electricity distribution, consumption, load and cost, the system provides tools for safer, more environmentally friendly and less wasteful energy usage.

Among other benefits are predictive cost calculation, usage insights, automated energy consumption regimes and a whole-home backup when paired with a storage system. In fact, the client’s platform is claimed to save up to $10k on a home storage installation and help get the best of in-house solar production.

On top of all, despite its complexity and loaded functionality, the system is easy to install and configure using an intuitive mobile app in a matter of taps and works consistently both in online and offline modes.

Solar panel and storage manufacturers and installers

Producers and installers of PV power and storage systems integrate with the client’s platform to add valuable functionality to their products (load monitoring and control, real-time reporting and energy usage intelligence, power outage detection, smart off-grid operation).

Researchers and environmentalists

Researchers, environmental engineers and conservation specialists make one more important user category. These groups leverage the valuable data created and collected by energy management devices, study power consumption patterns and use these insights to create forward-looking energy conservation strategy. Thanks to Internet of Things and energy consumption telemetry, researchers are able to leverage the historical data on energy supply and usage to get a bigger picture and statistics for research purposes.