Evolve Energy is a known next-generation energy company, which combines wholesale electricity prices with the latest emerging technology and AI platform from Silicon Valley to help customers save big on energy, while reducing carbon footprints. Evolve Energy can save customers up to 40% on electricity rates when combining wholesale power prices, their easy-to-use AI powered app, and unique home energy storage capabilities.
“The retail electric industry is historically opaque. We want to change that — one house at a time — and serve as a trusted advisor to our customers to help them understand that they can make better choices about their energy consumption and save money in the process,” said Evolve Energy co-founder and CEO, Michael Lee. “We’re thrilled to be launching today in Texas, bringing significant electricity savings and clean energy to consumers across the Lone Star State with our industry-changing technology.”
By this new development, Evolve Energy will use the AI platform to identify exactly when wind turbines are spinning and when the sun is shining on solar panels, thereby causing more green energy to flow into the grid. With these insights in hand and the ability to seamlessly integrate into smart devices, the company is able to provide customers with more energy when it is green and also decrease energy use when prices are highest, ultimately enabling a true carbon footprint reduction
Evolve Energy is the next iteration of at home convenience that truly puts people first, enables significant energy savings and positively impacts the environment simultaneously,” said Nest co-founder and Evolve Energy investor, Matt Rogers. “I am excited to be a part of Evolve Energy’s journey and to see the many possibilities the company can create in energy efficiency for consumers everywhere.”