PlotWatt Wins Energy Excelerator Grant

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DURHAM, NC – PlotWatt announced that it has been named to the 2016 cohort of Energy Excelerator, the nation’s largest and most active investor in clean-tech technologies. PlotWatt was selected from more than 200 applicants to receive up to $1M in grant funds to promote its energy-efficiency solution to small-to-medium sized businesses in Hawaii and the Asia Pacific.

“The Energy Excelerator grant opens exciting new global markets for us,” PlotWatt CEO and co-founder, Luke Fishback, said. “Perhaps most promising is that many of these regions are grappling with high energy costs, so the savings opportunity through improved efficiency is extremely compelling.” PlotWatt’s unique approach to the challenge of energy management relies on converting complex energy analytics into actionable insights that rely on simple changes to employee behavior and processes.

PlotWatt will use the grant money to offset the installation fee on up to 400 chain restaurants. “We believe the Energy Excelerator grant will help us drive an immediate, measurable impact on electricity expenses for businesses in Hawaii and the Asia Pacific,” Fishback added.

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About PlotWatt

PlotWatt helps small-and medium-sized business owners manage their energy so they have energy to manage their businesses. Based in Durham, N.C., PlotWatt serves customers in 35 states, as well as Canada and Puerto Rico. PlotWatt’s machine-learning algorithms analyze energy usage data, which it converts into actionable insights that customers follow to improve energy and process-efficiency. Its service is a particular value to multi-location businesses because it provides store-by-store comparative analysis as well as operational benchmarking. Follow PlotWatt at on our LinkedIn company page and @PlotWatt on Twitter.

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