PowerScout Brings Machine Learning to Consumer Energy Market

OAKLAND, Calif., Sept. 14, 2016 /PRNewswire/ — PowerScout today announced it has secured $5.2 million in funding for technology that lowers the price of clean energy by predicting which homes are most likely to adopt it. The funding was provided by a mix of private and public sources including the U.S. Department of Energy, which awarded PowerScout a total of $2.5 million in grants via its SunShot Initiative — an effort aimed at making solar cost competitive with traditional energy sources. “We’re excited to bring the same technologies that are revolutionizing the retail, transportation, and financial services industries to the residential energy market,” said PowerScout CEO Attila Toth. “Today when you go solar through a traditional provider, you often end up paying more to…

Link to Full Article: PowerScout Brings Machine Learning to Consumer Energy Market

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