Gateshead, United Kingdom
equiwatt is a UK-based climate technology startup disrupting the energy sector using AI and IoT. Founded in 2015, the company is pioneering an innovative approach to Demand Side Response by incentivizing residential consumers to decrease peak energy usage through their app.
Their offering is simple yet impactful: consumers receive rewards for automatically pausing high-energy appliances and electric vehicle charging when energy costs and pollution are at their peak. This not only reduces household expenses but also contributes to significant carbon footprint reduction—positioning equiwatt as a key player in sustainable energy solutions.
Recently, equiwatt attracted a £300.00K grant from the Northeast Venture Fund (NEVF) dated 23 August 2023, showcasing investor confidence in their scalable model. As the global energy landscape shifts, equiwatt stands out by directly benefiting consumers, driving down costs for energy providers, and promoting environmental sustainability.
