Transcript United Kingdom Executive Summary

The Future of Energy Control
Who are we?
• Parent Irish owned company established 2002
• Expertise in delivering in home
technology products that are easy to
install – Over 10,000 installs in
Ireland /UK
• New Home Energy Company
(Climote) - Jan 2011
funded with Angel investment from
Geneva
2
What is the consumer Problem?
Difficult to program
No remote control
3
What is the Solution?
Business
Model HUB
Heating
Control
“Home Control from your pocket ”
“HOME CONTROL FROM YOUR POCKET “
4
Irish Patent awarded December 2011 – International Patent Pending
Do Consumers like climote?
Leader in Customer engagement
Differentiation
not Price Discounting
Reduce Customer churn
Brand Enhancement
Achieve
legislative targets
Utility Branded Portal and App
7
Carbon Reduction options for Utility
Ireland’s target 800m kWh p.a.
Measure
kWh
Rating
Source
SEAI
Approx
cost to
install
(Euro)
Cost Per
kWh
(cents)
No of units
to install
based on
100m kWh
target
Cost to roll
out to hit
utility target
Climote Hub **
1760
300
17
56818
€17m
Cavity Wall Insulation
3250
929
29
30769
€29m
Roof Insulation
1300
646
50
76923
€49m
Heating Control Upgrade
with High Efficiency boiler
7700
3985
52
12987
€52M
Heating Control Upgrade
3700
2416
65
27027
€65M
Internal wall insulation
5000
6408
128
20,000
€128m
External Wall Insulation
5900
12115
205
16,949
€205m
Solar panel
1650
3900
236
60606
€236M
8
Home Energy Users by Interface Type
9
Launch SEAI Energy Show 2012 Dublin
Focus on Ireland
UK 2012/2013
European Markets
From 2014
Winner
Product of Show
Most Innovative
Product
Best Controls
Product
The Future of Energy Control