Whisker Labs Named A Top Residential Demand Response Provider by Navigant Research

Leaderboard notes startup’s rapid growth and market traction for its
Connected SavingsSM intelligent demand response
solution with utilities and energy providers

OAKLAND, Calif.–(BUSINESS WIRE)–Whisker
Labs, which is bringing advanced home intelligence technologies to
market, today announced that it has been ranked #2 in the Navigant
Research Leaderboard: Residential Demand Response report. The
ranking reflects Whisker Labs’ rapid organic growth and success over the
past year, as the market embraced its residential demand response
technology, performance and implementation capabilities.

Most utilities have deployed or are evaluating demand response and
energy efficiency programs in order to reduce peak loads. To manage the
impact of a rapidly evolving global climate, utilities must extend
beyond basic on/off demand response and move toward “intelligent demand
response” that improves the efficiency and results of these programs.
Key to intelligent response is leveraging the power of big data
analytics and thermodynamic modeling to forecast demand and reduce load
while keeping homeowners comfortable.

Whisker Labs’ Connected
Savings℠ solution offers utilities a comprehensive demand response
management service (DRMS) with tailored DR control strategies and load
forecasting. The scalable solution can be quickly deployed to fit
utility and retail electric provider (REP) needs. Better data is key to
better DR, and Whisker Labs’ proprietary weather data has been proven to
provide a winning advantage in more precisely modeling the amount of
energy needed to cool or heat a home. Going forward, the company will be
able to integrate and utilize data from its contactless energy sensor to
further advance its intelligent demand response algorithms.

Whisker Labs also offers intelligent energy efficiency and meaningful
customer engagement services that can be combined with the DRMS for
additional customer value.

“To be recognized by Navigant Research for the growth and success we
have achieved in such a short period of time is a testament to Whisker
Labs’ ability to be innovative and nimble in meeting our customer’s
needs. For example, we recently migrated a large utility with more than
22,000 thermostats in a DR program in just one week,” said Amena Ali,
chief revenue officer, Whisker Labs. “As a result, we’ve seen an
increase in program wins the past year.”

The Navigant Research Leaderboard: Residential Demand Response report
evaluates the strategy and execution of 15 vendors active in the global
market for RDR. These players are rated on 10 criteria: go-to-market
strategy; partners; technology; geographic reach; sales, marketing,
distribution; product performance; product portfolio; pricing; and
staying power.

Brett Feldman, principal research analyst at Navigant Research, adds:
“Whisker Labs ranked as the top challenger in our Leaderboard by scoring
high numbers for its vision, technology, product performance, partners
and go-to-market strategy for its residential demand response solution.
The company’s focused approach in the energy monitoring and management
space is evident, and may position the Whisker Labs well for future
growth and success.”

To learn more about the Navigant Research Leaderboard: Residential
Demand Response report, visit this link.

About Whisker Labs

Whisker Labs develops advanced home intelligence technologies. Our
sensing and software platform taps the electrical network of the home to
connect all appliances, even the unconnected ones such as HVACs and
water heaters. We monitor home and appliance efficiency in real-time,
alerting homeowners to energy waste and impending appliance failure for
critical appliances, saving homeowners money and affording them peace of
mind. Additional platform services include energy optimization of
connected thermostats and devices. Customers include home platform, home
services and energy providers. Visit www.whiskerlabs.com for
more information.

Contacts

Media:
Bluetext PR for Whisker Labs
Brian Lustig, +1
202-836-9112
[email protected]