Toronto-based SaaS Company has used its AI to Help Lower Energy Bills for over 8 million North Americans
TORONTO–(BUSINESS WIRE)–Toronto-based EnergyX Solutions Inc., expanding rapidly in North America, has partnered with Southern California Public Power Authority (SCPPA) to power the efficiency programs of its member utilities. The collaboration underscores the continued commitment of SCPPA to bring innovation and technology to its members.
“EnergyX is thrilled to be partnering with SCPPA and providing our technology to their member utilities”, said Nishaant Sangaavi, CEO of EnergyX. “We are in the process of licensing our platform to some of their member utilities and bringing energy efficiency to residents in Southern California”.
EnergyX helps homes and businesses save up to 25% on their energy bills by licensing their MIT award-winning online energy audit and marketplace platform, MyEnergyXpert, to utilities and government organizations. EnergyX Solutions’ AI-powered software technology determines how a building is using energy and identifies ways it can improve its overall performance. The outcome is less energy consumption, fewer carbon emissions and cost savings for businesses and home-owners.
“SCPPA is excited to contract with EnergyX and be able to offer their customer engagement-related platforms to our Members and their respective customers”, said Mike Webster, SCPPA’s Executive Director.
The partnership unlocks huge potential for Californians as SCPPA’s members serve more than 5 million customers across a service area of 7,000 square miles. SCPPA members supply 16% of California’s power. SCCPA works with its member utilities to promote energy efficiency to maintain or lower electric rates – and benefit the communities that its members serve.
The news is a welcome development for Californians as energy efficiency also happens to be the most direct, immediate, and powerful way to reduce carbon emissions.
‘The cheapest and greenest energy is the energy that you do not use.’
About EnergyX Solutions Inc.
Founded in 2016, EnergyX Solutions Inc. is a AI-powered SAAS company that enables utilities to increase customer participation in energy efficiency programs while simultaneously lowering the utility’s cost to engage and serve a customer. Their MIT-award winning software platform, MyEnergyXpert, is white-label licensed by utilities and government organizations to hit their energy efficiency targets.
Visit energyxsolutions.com for additional disclosures about the company, its business and results of operations.
About Southern California Public Power Authority
Southern California Public Power Authority (SCPPA) is a Joint Powers Authority, created in 1980, for the purpose of providing joint planning, financing, construction, and operation of transmission and generation projects. Comprised of eleven municipal utilities and one irrigation district, SCPPA’s members serve more than 5 million Californians (2 million customers) across a service area of 7,000 square miles.
Southern California Public Power Authority provides collaborative advocacy, value-added services, and joint procurement to enhance operational efficiencies and increase savings for its members.
SCPPA uses its technical expertise to help members comply with state and local requirements as well as meeting future customer expectations. SCPPA provides technical support for program implementation, resource development, and project management.
SCPPA Bryan Cope Program Development Manager Southern California Public Power Authority [email protected]
EnergyX Solutions Angelica Pereira Business Development Analyst EnergyX Solutions Inc. (647) 571-7870 (Cell) [email protected]