Bidgely's AI Solutions Save 1.5 TWh of Energy, Offset 1 Million Tons of CO2 Emissions

Bidgely, a Silicon Valley-based AI technology company, has surpassed 1.5 terawatt-hours (TWh) in energy savings, offsetting over 1 million metric tons of CO2 emissions. This significant milestone was reached through the company’s UtilityAI™ Platform, which leverages artificial intelligence to transform raw meter data into actionable insights for both utilities and consumers. Bidgely's solutions are designed to boost energy efficiency and enhance customer engagement across various fuel types, including gas, electricity, and water. The company’s success stems from its ability to provide personalized consumption insights, energy profiling, and behavioral load shifting, which help utilities better manage demand and encourage smarter energy use among their customers. These strategies have been particularly effective in increasing enrollment in time-of-use (TOU) programs, demand response initiatives, and managed electric vehicle (EV) charging. Bidgely's patented disaggregation technology allows utilities to identify high-grid-impact customers, thereby optimizing the effectiveness of these programs and contributing to greater overall savings. One of Bidgely’s key tools is its Home Energy Report (HER), which offers detailed information on household energy usage, allowing consumers to see how their consumption compares to similar households and providing tailored recommendations for reducing energy use. For example, the HER might suggest adjusting thermostat settings or replacing older appliances with more efficient models. Bidgely’s UtilityAI™ Platform also includes Energy Advisor, an advanced application that enables utilities to send real-time notifications and recommendations to customers, guiding them to make more informed energy decisions. Bidgely has been instrumental in helping major utilities such as Avista, NV Energy, Pacific Power, and PSEG Long Island achieve significant energy savings. By providing deep visibility into appliance-level consumption, Bidgely’s solutions enable homeowners to focus their energy-saving efforts on the most impactful devices. This granular level of insight has been crucial in driving behavior change and fostering a more sustainable approach to energy use. Beyond improving customer engagement, Bidgely’s platform also supports broader grid management initiatives. The company’s solutions for distributed energy resources (DER) and grid edge management include solar photovoltaic (PV) detection, intelligent EV detection, and energy theft prevention. Additionally, Bidgely’s short-term load forecasting and grid analytics capabilities help utilities plan more effectively for peak loads, ensuring grid stability and reducing strain during high-demand periods. Bidgely CEO Abhay Gupta emphasizes the importance of this milestone, noting that it is not only a testament to the company's financial strength and leadership but also its commitment to delivering value to customers. Gupta envisions a future where utilities can anticipate and shape energy demand, rather than simply managing it. This forward-thinking approach is evident in Bidgely’s recent integration of generative AI (GenAI), which enhances the accessibility and scalability of its energy management programs. Gautam Aggarwal, Bidgely’s chief revenue officer, adds that achieving 1.5 TWh in energy savings demonstrates the company’s capability to drive unprecedented levels of efficiency and grid stability. The precision of data-driven customer targeting, combined with innovative solutions, positions Bidgely to play a pivotal role in navigating the evolving energy landscape. Industry analysts and insiders have lauded Bidgely’s achievements. Guidehouse Research recognized the company as a "Leader" in both the Home Energy Management (HEM) Leaderboard and the 2023 Customer Experience and Engagement Analytics leaderboard. IDC MarketScape also named Bidgely a "Leader" in its 2023 and 2021 Customer Engagement Vendor Assessments, highlighting the company’s expanding offerings and consistent delivery of quality services. Founded with a passion for AI and sustainability, Bidgely holds over 16 energy patents and has secured more than $75 million in funding. The company employs over 30 data scientists and is dedicated to advancing smart meter innovation and energy analytics. Bidgely’s comprehensive platform and expertise in AI are key factors in its ability to help utilities and consumers transition to a cleaner, more efficient energy future. For more information on Bidgely and its solutions, visit www.bidgely.com or explore the company’s blog for insights and updates.