This Startup Wants to Grade the Energy Efficiency of Each Home
Katherine Pendrill — July 29, 2015 — Eco
References: enerscore & fastcoexist
'Enerscore' is a Massachusetts-based startup that aims to provide an energy efficiency rating platform for each home in the United States. The goal of the company is to convince homeowners to invest in technology that is more energy efficient by demonstrating how it may impact property or rental values.
Enerscore plans to roll out a platform that would allow users to see the energy efficiency of each property in their area. The platform would use a color-coded system to provide ratings, as well as an estimate for a home's annual energy usage. The platform's energy efficiency ratings are based on public construction records, square footage and other factors such as the types of heating and cooling systems installed.
The idea is that individuals who are looking to purchase or rent a property will be able to use the service to determine how energy efficient their home is before making a commitment.
Enerscore plans to roll out a platform that would allow users to see the energy efficiency of each property in their area. The platform would use a color-coded system to provide ratings, as well as an estimate for a home's annual energy usage. The platform's energy efficiency ratings are based on public construction records, square footage and other factors such as the types of heating and cooling systems installed.
The idea is that individuals who are looking to purchase or rent a property will be able to use the service to determine how energy efficient their home is before making a commitment.
Trend Themes
1. Energy Efficiency Rating - Increased demand for energy efficiency rating platforms to inform purchasing decisions presents opportunities for startups to offer more granular, insightful data and analysis.
2. Data-driven Energy Consumption Insights - Adoption of energy efficiency rating platforms can lead to increased consumer awareness and demand for data-driven insights on energy consumption, creating opportunities for software and data analytics companies.
3. Sustainable Property Marketplace - Energy efficiency rating platforms serve as a foundation for the development of a sustainable property marketplace focused on environmental impact and energy conservation, presenting opportunities for real estate startups and green energy providers.
Industry Implications
1. Real Estate - Adoption of energy efficiency rating platforms creates opportunities for real estate agents/brokers to differentiate themselves by offering energy efficiency services and for green property developers to appeal to eco-conscious consumers.
2. Sustainability - Increased consumer demand for energy efficiency rating platforms presents opportunities for sustainable energy companies to offer innovative products and services addressing energy conservation and carbon footprint reduction.
3. Technology - Energy efficiency rating platforms can drive demand for technical innovation and software that provide personalized, real-time insights on energy use, creating opportunities for firms specializing in energy analytics and related software.
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