press release

6 November 2018

innogy and enviaM are launching the iONA energy insight service

Essen - Germany, November 6 - innogy and enviaM are launching the iONA energy insight service in Germany for all households where the old ferraris meter is being replaced with a new digital MeDa-meter. While the German market is still waiting for the first smart meters to be installed, innogy and enviaM are leapfrogging the smart meter rollout with disruptive technology from NET2GRID and Lemonbeat.

The iONA receiver unit installation is very simple, allowing consumers to securely capture their data through the wireless interface of MeDa-meters. Lemonbeat technology enables the direct transmission of the meter data to the customer’s living room. Consumers get insight in the usage and the efficiency of their household appliances. By providing transparency and easily understandable analyses the service enables customers to actually save energy and cost and helps to prevent the yearly bill shock. Both companies expect customers will be delighted by the new service.

innogy and enviaM prove their position as innovation companies by being the first to introduce a real time disaggregation service based on smart meter data. Where until now, in-home installation of complex and expensive equipment was needed, NET2GRID’s algorithms get the maximum out of MeDa-meter data, with a self-install device at a fraction of the usual cost. This technology is bridging the gap between an itemized bill and smart home and will enable a wide variety of new energy services.

Jens Puknat, Head of iONA services at innogy SE, is proud to introduce the new service: “ The vast majority of our customers would not benefit from the Smart Meter rollout; with the iONA service we are very pleased to actually create value for those customers. Partnerships with technology leaders like NET2GRID are essential for our success. The service we launch next month will be available for our customers at enviaM and innogy. This is just the start into a universe of new digital products and services.”

The environment in German homes makes it challenging to capture high resolution data with enough accuracy to be used in machine learning algorithms. “Full stack development control allows us to address technological challenges cost effectively, scalable and with a quick time-to-market. We are looking forward to working with innogy in developing Energy Insight Services based on the results of our Non Intrusive Load Monitoring algorithms”, states Bert Lutje Berenbroek, CEO NET2GRID.

During the European Utility Week in Vienna, 6-8 November, NET2GRID is exhibiting its end-to-end energy insight solution.

About NET2GRID
NET2GRID is one of the leading companies’ world wide of real time energy data analysis. It produces products for residential customers that are sold in partnership with Energy suppliers. NET2GRID’s energy insight platform, is reducing cost to serve for Energy suppliers, while increasing customer engagement. Greater energy consumption insights and deeper, more trusting customer relationships translate into upsell activity and reduced churn. The company is founded in 2011 and holds office in The Netherlands and Greece.

Media Contact
NET2GRID BV
Berend Olde Rikkert
press@net2grid.com
Tel: +31 30 304 00 86

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