American Efficient, an aggregator of energy efficiency resources, today announced its acquisition of PlotWatt Inc., a provider of residential and commercial energy analytics.

PlotWatt’s customers include Fortune 500 firms and 8 of the 10 largest quick service restaurant brands like Wendy’s, KFC and Dunkin Donuts.

Together, American Efficient and PlotWatt can transform consumers’ investments in energy efficiency into valuable grid resources, including through metered energy efficiency programs

American Efficient works with manufacturers, retailers, utilities and grid operators to incentivize energy efficiency installations and develop portfolios of energy efficiency resources. The acquisition of PlotWatt marks American Efficient’s expansion into commercial energy management software and services. American Efficient and PlotWatt customers own or operate over 200,000 locations combined across the U.S., Canada and New Zealand.

PlotWatt customers can measure, model and simulate the impact of energy efficiency initiatives before they invest, allowing them to target and prioritize investments by potential return. In addition to energy savings, the service can detect appliances in need of repair and provide business intelligence such as whether a location shuts down early or if deliveries are late.

American Efficient, founded in 2011 and based in Durham, North Carolina, currently runs incentive programs for energy efficient installations in 30 U.S. states. American Efficient partners with manufacturers, retailers, distributors, utilities and grid operators to develop and manage portfolios of energy efficiency resources.

PlotWatt, founded in 2008 and also based in Durham, North Carolina, provides energy analytics services across the United States, Canada, and New Zealand. PlotWatt will continue to operate under the PlotWatt name. PlotWatt’s machine-learning algorithms analyze energy usage data, which it converts into actionable insights that customers follow to improve energy and process-efficiency.

Tags:
American Efficient   PlotWatt   M&A   Energy efficiency   Analytics   Big data  

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