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Schneider Electric acquires home electrical insight software WattBuy

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WattBuy, a software program firm offering power insights and electrification options for residential prospects, introduced that it has been acquired by Schneider Electrical. Together with the present administration crew, CEO and co-founder Naman Trivedi will proceed to steer WattBuy’s operations.

WattBuy will companion with Schneider Electrical subsidiaries EnergySage and Qmerit to ship an end-to-end expertise for owners overlaying all the things from customized power plans and photo voltaic installations to EV charger deployment and residential electrification upgrades.

“Electrification is the defining alternative of the subsequent decade — and it begins with empowering shoppers,” mentioned Jaser Faruq, SVP, prosumer at Schneider Electrical. “WattBuy’s personalization capabilities and intelligence engine are the proper complement to EnergySage’s mission of transparency and selection. By integrating WattBuy into our rising prosumer power portfolio, we’re unlocking a future the place each family could make smarter, cleaner power decisions, remodeling each the buying and set up expertise.”

WattBuy makes use of proprietary knowledge fashions to supply custom-made suggestions for electrical energy plans, rooftop photo voltaic, battery storage and complete power prices primarily based on a shopper’s tackle and power utilization profile.

Information merchandise from WattBuy

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