With energy consumption at an all-time high, eco startup Simple Energy is monitoring their consumers' usage while helping them to save some money in the process. When it comes to energy, over-consumption is just one of the problems our world faces as some communities do not even have access to high priced energy sources.
With the help of Simple Energy's initiative, subscribers are able to track their energy consumption through a series of mobile apps that can be connected right to one's phone or tablet. The company's rewards program gives incentive to consumers who are monitoring their energy usage and engaging in sustainable living practices.
Simple Energy's ultimate goal is to save users money and to lower energy costs overall. As more of us begin to monitor our consumption, this process has the potential to lead to less expensive energy costs across the globe.
Consumption-Monitoring Startups
Simple Energy Lowers Consumers' Consumption and Costs
Trend Themes
1. Consumption-monitoring Startups - Startup companies are developing technologies to monitor energy and resource consumption.
2. Mobile Apps for Sustainable Living - Mobile applications are being developed to track energy usage and encourage sustainable living practices.
3. Reward Programs for Sustainable Living - Companies are creating rewards programs to incentivize consumers who engage in sustainable living practices.
Industry Implications
1. Smart Home Technology - Smart home technology can be integrated with energy monitoring systems to provide real-time data and facilitate energy-efficient practices in homes and buildings.
2. Renewable Energy - Renewable energy industries can benefit from partnerships with consumption-monitoring startups to further promote sustainable living practices and reduce energy costs globally.
3. Retail - Retailers can leverage rewards programs and sustainable living initiatives to attract environmentally-conscious customers and promote eco-friendly products.