Ozzie Diaz VP, Product Management. About People Power believe in the power of the people Experienced...

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Ozzie Diaz VP, Product Management

Transcript of Ozzie Diaz VP, Product Management. About People Power believe in the power of the people Experienced...

Ozzie DiazVP, Product Management

About People Power

believe in the power of the people

• Experienced Team of 41 people

• Reliable open source network

• Venture-backed by New Cycle Capital, Seraph Group, others

• Partnered with experts

Consumer Dilemma• We use lots of electricity but we

don't know on what or how to lower it

• A 20% reduction in residential electricity usage can save $32B per year in US alone!

• We don’t have an easy way to help solve climate change

• The wholesale cost of electricity is steadily increasing, and being passed on to the consumer

Wholesale Electricity Price$/M

Wh*

Ind

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ear

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*Real (inflation-adjusted) 2000$ Source: EPRI, 2009

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Who is consuming energy?

40 4020

True Green12%

Concerned Followers

19%

Home Focused

12%

Inactive Concerned23%

Non-Believers33%

Source: 7B Labs (2009)

A Huge Market

Phone Cable TV

Utility

http://apps.facebook.com/unplugit

#1 Try

#2 Pledge

#3 Invite

• We need to plug in to the Future of Home Energy Efficiency• Give consumers devices with an easy to use dashboard to “set and forget” • Some people want ways to save money, others to save the planet

“We don’t inherit the earth from our ancestors, we borrow it from our children” – Native American saying

Summary