Data energy startup Bidgely heads to Hawaii to cut energy consumption

Gigaom

Hawaii, photo courtesy of Nan Palmero. Flickr Creative Commons. Hawaii, photo courtesy of Nan Palmero. Flickr Creative Commons.

Bidgely, a startup that uses algorithms to dig into smart meter energy data, has teamed up with the Hawaiian energy-focused accelerator program, Energy Excelerator, on a new project to reduce the energy consumption of Hawaiian residents. Energy Excelerator is putting in a $900,000 grant to support the use of Bidgely’s software in Hawaii, which will be used to give appliance-level, personalized recommendations to energy consumers on ways to reduce their energy consumption. Hawaii is becoming ground zero for clean power and energy grid innovation because the state imports billions of dollars worth of oil a year, resulting in residential electricity prices that are three to four times higher than the national average.

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