Menu

Company

Company Coverage

  • “A summertime pilot program by customer engagement and analytics provider Opower turned up encouraging results for the grid: Even without extra economic incentive, many people will turn down the thermostat when asked.”

    If you want customers to decrease energy consumption, just ask

    October 27, 2014

  • “The company, Opower, estimates that peak power usage was reduced by around 3 percent on each day they sent e-mails. With some back-of-the-envelope calculations, they say that translates to nearly 50 peaking power plants that could be taken offline nationwide if every household with a smart meter participated in the program. 

    But there's a lesson here for everybody, too. It's not just how much energy you consume. It also matters when you consume it. ”

    It’s not just how much electricity you use. It’s also when you use it.

    October 24, 2014

  • “An experiment in Vermont and Southern California finds people will use less electricity - if they're peer pressured into it.”

    Can we nudge people into conserving energy?

    October 24, 2014

  • “The modern cellphone user is highly attuned to energy usage. I assiduously monitor my phone's battery, tracking its decline from morning to evening, and then its return to fullness. There are even special "advanced power strips" that help people save energy while charging their devices. But the truth is that operating a smartphone doesn't require much energy. An iPhone 6 needs just 3.8 kilowatt hours of electricity per year, according to OPower, an energy data firm.”

    The Energy in Things

    October 17, 2014

  • “Opower released the new version of its customer engagement platform, Opower 5.5: Flex this week, and the company says the new version will help utilities ensure that their customers get the level of relevant and personal information they want.”

    Opower ups the ante with a new customer engagement platform upgrade

    October 16, 2014

  • “After giving its software and analytics engine a powerful tuneup earlier this year as part of a fifth-generation release, Opower is unveiling yet another set of offerings for utility customers today.”

    This Diagram Will Help You Visualize How Opower’s Software Platform Operates

    October 14, 2014

  • “The company Opower utilizes this phenomenon, namely that both our environment and whom we focus on in our environment can drive our reference groups and subsequently our behavior and feelings. Opower provides consumers with 'Home Energy Reports', which present their energy usage in comparison to two groups: their 'average' neighbors and 'efficient' neighbors.”

    Choosing Smart Reference Groups Can Improve Outcomes and How We Feel about Them

    October 14, 2014

  • “Opower has spent $100 million on research in the last few years developing the software platform. The new, mid-year release, in addition to building out new capabilities for utility partners, will enable an open ecosystem of partner capabilities, the company said.”

    Opower rolls out new version of software platform

    October 14, 2014

  • “In America, at least, early adopters of plug-in cars are often among the first to start generating their own electricity. Opower found that 32% of plug-ins' drivers (admittedly in the wealthier, sunnier, western parts of the country that it surveyed) also have rooftop solar panels.”

    Electric Cars Could Help Save Power Utilities From A 'Death Spiral'

    October 4, 2014

  • “A modest 250,000 plug-in cars now glide silently along American roads, and they currently account for fewer than 1% of vehicles sold. But sales have been almost doubling each year (compared with about 5% annual growth for the entire car industry), and homes that own a plug-in car typically consume 58% more electricity, according to Opower, a seller of energy-conservation software.”

    Adapting to plug-ins

    October 4, 2014

  • “One of the best-known companies in this area, Opower, uses a psychological strategy: it simultaneously gives people access to their own energy data and lets them compare their energy use to their neighbors' as an incentive to save. Opower partners with utilities to provide this information, and the Virginia-based company has been successful enough to open offices in San Francisco, London, and Singapore.”

    New data for a new energy future

    October 3, 2014

  • “Several times a year, households in one program receive a two-page sheet that compares their energy use with that of similar homes and "efficient" homes in the area. It also includes tips for saving energy, such as turning off the water heater while on vacation.

    The program, run by Opower Inc. of Arlington, Va. for more than 90 utilities, has reduced energy use for participating utilities by 1.8% - 3%.”

    How to Cut Residential Energy Use

    September 28, 2014

  • “You plug in your iPhone every night to give it a full charge. But all that battery charging costs you just 47 cents -- a year. That's according to a study conducted by Opower, a software provider for utility companies.”

    Charging the iPhone 6 costs just 47 cents a year

    September 25, 2014

  • “Opower is an energy company whose bills, developed with the help of Smart Design, show customers how much energy they consumed relative to their neighbors. They can try to improve their "personal best", and by seeing how they compare to their neighbors, they can determine whether they're doing better or worse than they think, which motivates them to match or surpass their neighbors' performance.”

    Gamification In Everything: The Range And When And Why It's So Effective

    September 15, 2014

  • “"The average person thinks about energy use for only nine minutes per year," according to Deena Rosen, Senior Director of User Experience at Opower.

    How do you get energy customers to make smart and meaningful choices when they might not care very much about it? This is a challenge recently-public energy-efficiency program administrator Opower confronts every day.”

    Opower’s 5 Principles of How to Design for Energy Customers

    September 10, 2014

  • “Improving energy efficiency is among the major ways that EPA envisions states and power companies complying with the regulation. Opower CEO Daniel Yates is happy about what that could mean for his company.

    "These EPA guidelines will work their way through state governments over the next few years. This is just a first step, so there is no immediate impact on our business, but we expect it to be a powerful long-term driver for expansion of energy-efficiency policy and future opportunities," he told analysts on a conference call Tuesday, according to a transcript on the financial news website Seeking Alpha.

    Here's One Company That's Really Psyched About EPA's Big Climate-Change Rule

    August 13, 2014

  • “More and more utilities are turning to behavioral programs for energy efficiency. That is, they invest in programs that encourage and incentivize customers to cut consumption. Some of them do so by comparing customers to each other, to activate the "peer pressure" reaction.

    But utilities have long wondered if such changes would last. Or would they disintegrate as the novelty wore off? This blog post from Opower cites evidence that behavioral change will indeed endure... and may even get better.”

    Want some good news for a change? Evidence that behavioral efficiency will last

    August 12, 2014

  • “Opower launched its customer-engagement solutions with Tokyo Electric Power Company (TEPCO), the utility data-analytics provider said.”

    Opower launches customer engagement with TEPCO

    August 5, 2014

  • “The algorithm supplies a personalised breakdown of a customer’s energy use into categories such as HVAC, appliances and hot water, which Opower says works reliably for customers with traditional energy meters.

    Software engineers Justin Spradlin and John Vint said: “When existing hardware is lacking in intelligence, you can often compensate for it by applying software intelligence. Customers whose meters are read once a month can get a level of insight that’s very similar to what they’d get if their meter logged data every 15 minutes.”

    Opower’s algorithm delivers usage data (with or without a smart meter)

    August 5, 2014

  • “As a recent Opower report pointed out, EV owners use more electricity than the average consumer, but consumers with both an electric vehicle and a rooftop solar system actually helped to stabilize and smooth demand. It bears repeating: EVs and rooftop solar are two great tastes that taste great together.”

    Not Your Grandpa's Utility Business Model

    August 4, 2014

  • Opower launched new customer engagement solutions with Tokyo Electric Power Co. (TEPCO). TEPCO customers will be able to access personalized energy usage insights, energy savings recommendations and energy data visualization tools via TEPCO’s free customer web portal Denki Kakeibo.”

    TEPCO uses Opower customer service platform

    July 31, 2014

  • Opower has built a pretty nice business off the utility industry. The Virginia-based company specializes in selling data analytics to utilities that allows them to better understand how their customers use energy. Opower then encourages customers to cut their energy by showing them their neighbor’s energy usage.

    Founded in 2007, Opower has quickly ramped up to more than 90 utility partners over the last few years.
    But after a successful initial public offering in April and reaching a market cap of nearly $800 million, Opower is eager to position itself as a global company. And today it’s making a big step into Asia in an announced partnership with Tokyo Electric Power Company (Tepco), Japan’s largest utility and one of the largest utilities in the world.”

    Energy Data Miner Opower Is Taking Big Steps Into Asia

    July 31, 2014

  • “Opower, software and data services company, found in a recent analysis of 2,000 households enrolled in utilities' discounted charging programs that their energy usage was four times greater than the average level from midnight to 7a.m., suggesting the plans are effective at shifting usage to off-peak hours.”

    Rules for marrying EVs with the electric power grid-- a work in progress

    July 31, 2014

  • “Demand growth has been virtually non-existent for most U.S. utilities as customers seek to reduce their energy consumption. But a recent OPower analysis found that EV owners use 58% more electricity on average than other customers, which represents a significant boost for sales and an opportunity for the utility business. ”

    EEI: Utilities need electric vehicles to 'remain viable'

    July 31, 2014

  • “As Opower pointed out in a recent analysis, owners of electric cars use nearly 60 percent more electricity than the average customer. And customers who own both a solar system and an electric car consume roughly the same amount of electricity from the grid as an average customer -- offsetting much of the excess solar that utilities must buy back through net metering.”

    Utility Industry: We Need to Promote Electric Vehicles in Order to ‘Remain Viable’

    July 30, 2014

  • “Behavioral energy efficiency programs are deployed by utilities or third parties. Opower, a behavioral efficiency company, works with 93 utility partners in 35 states and eight countries around the world, from North America to Europe, Asia and Oceana, to reach over 32 million households and businesses. ”

    Advanced Energy Technology of the Week: Behavioral Efficiency

    July 30, 2014

  • “Electric vehicles are our fastest-growing alternative to oil-derived gasoline. Solar panels are our fastest-growing alternative to coal-powered electricity. They're both getting less expensive and more effective, driving our clean-energy revolution. And there's new evidence that these two great tastes can taste particularly great together, transforming how we consume and produce power in ways that will accelerate that green revolution. 

    The evidence comes from Opower, a firm that uses software and behavioral science to help utilities promote energy conservation - and has amassed the world's largest storehouse of household energy data along the way.”

    Electric Cars Will Change the Way You Power Your Home

    July 14, 2014

  • “I often get asked about companies such as Solar City, Silver Spring Networks, EnerNOC and Opower. These are seen as "cool," and reflect the statement by David Crane, CEO of NRG, that "there is no Amazon, Apple, Facebook or Google in the American energy industry today."

    He was referring to these four companies' ability to give customers what they want - the three "Cs" - but it applies also to their ability to offer an exciting and innovative place to work.”

    Millennials and the Future of Electric Utilities

    July 11, 2014

  • “Long overshadowed by wind turbines, solar panels and other fashionable machines of renewable power, energy efficiency is sparking innovation and interest from tech entrepreneurs, big-data enthusiasts and Wall Street speculators.”

    Energy efficiency becomes hot market for tech companies

    July 8, 2014

  • “U.S power companies have tripled their investment in efficiency programs -- funded mainly through ratepayer fees -- since 2006, with California spending the most per customer.

    Now the Obama administration has made energy efficiency a cornerstone of its plan to substantially cut greenhouse gas emissions by 2020. The plan, released in May by the Environmental Protection Agency, pushes states to boost efficiency by business and residential power users 1.5 percent each year.

    'We are very excited about the EPA proposal," said Richard Caperton, director of national policy at Opower, a data-mining firm that nudges homeowners to make better energy choices by alerting them when their neighbors are being more efficient. 'We think it opens up more opportunities.'”

    Silicon Valley tech firms focus on energy efficiency to confront climate change

    July 6, 2014

  • “Today we once again crack open Opower's energy data storehouse -- the world's largest, spanning more than 50 million households worldwide -- to examine the energy usage behavior of an increasingly important segment of utility customers: electric car owners who charge their car in the wee hours of the night.”

    This Data Shows Why Electric Car Owners Are So Different From the Rest of Us

    July 6, 2014

  • “A June report by Opower highlighted how in some instances, low-income families consume even more electricity than those at upper levels, even as they lack the means to upgrade and retrofit home appliances to make them more efficient. Yet Opower, a cloud-based software provider that promotes energy saving solutions, says that energy efficiency isn't necessarily all about high priced technology. ”

    Sure smart home tech is cool. But how much does it save you?

    July 6, 2014

  • “Households with electric vehicles guzzle juice from the grid at night in order to get charged up for the next day, according to a new analysis by Opower, a company that provides cloud-based software to the utility industry. And that could be a problem in the long run.”

    While You're Asleep, Electric Car Owners Are Guzzling Power

    July 2, 2014

  • “Households with electric vehicles guzzle juice from the grid at night in order to get charged up for the next day, according to a new analysis by Opower, a company that provides cloud-based software to the utility industry. And that could be a problem in the long run.”

    While You're Asleep, Electric Car Owners Are Guzzling Power

    July 1, 2014

  • “A lot of people in the energy business are making predictions about what the future of electricity service will look like. Although scenarios vary considerably, most agree that consumer choice will be one of the biggest factors changing the way power companies deliver service over the next decade.”

    Rise of the Prosumer: Will Homeowners Ever Be More Important Than Power Plants?

    June 27, 2014

  • “When trying to predict a World Cup victory, should we compare the countries’ athletes and coaches or their energy efficiency? If you had chosen the latter, you would have accurately predicted Germany’s victory over the U.S. today.

    In a study released earlier this month, cloud-based software company Opower compared the energy efficiencies of 2014 World Cup contenders to predict the winner of three top matches. For the United States, the analysts identify great opportunity for energy savings, such as by following the recent curbing coal proposal and by taking behavioral changes.”

    Germany Was The Clear Victor, If We're Judging By Energy Efficiency

    June 26, 2014

  • “The biggest challenge to the utility industry is that "they love their grid."  And despite the addition of more instrumentation, more meters and a huge surge in analytics, utilities haven't seen a positive result in call volume or customer satisfaction, according to the Opower CEO.

    But Yates does have a sense that across the U.S. "a wave has broken in the last eighteen months." And the result is "a pivot by utilities" to be far more customer-oriented. 

    What Does the Future of the Grid Edge Look Like?

    June 25, 2014

  • “Opower had its initial public offering in April, another key milestone along what has been a rapid growth trajectory for the energy software company. Senior vice president of people Sandy Hynes shared her advice for maintaining a culture during a fast expansion:

    'To maintain a culture, every single person is an important element ... It is worse to have the wrong person in a job, or to settle, than it is to hold that job open until you find the right person. Never, ever compromise on your hiring standards. It's better to be without than to be with the wrong hire. You have to be really tenacious.'”

    Tricks of the trade: Advice for building a strong workplace culture

    June 20, 2014

  • “If the World Cup were a contest of energy efficiency instead of soccer acumen, which country would win? Using conservation as a baseline, cloud-based software provider Opower compared a few of the 2014 World Cup contenders, breaking down how each country would fare in head-to-head matchups on environmentally friendly energy policy.”

    Meet the winners of the World Cup—of energy savings

    June 20, 2014

  • “The Obama administration has made energy efficiency a cornerstone of its plan to substantially cut greenhouse gas emissions by 2020. The plan, released late last month by the Environmental Protection Agency, pushes states to boost efficiency by business and residential power users 1.5% each year.

    'We are very excited about the EPA proposal,' said Richard Caperton, director of national policy at OPower, a data-mining firm that nudges homeowners to make better energy choices by alerting them when their neighbors are being more efficient. 'We think it opens up more opportunities.' ”

    High-tech firms focus on energy efficiency to confront climate change

    June 14, 2014

  • “A few companies have already started taking social insights to market. The most prominent is Opower, which works from the premise that behavior changes are frequently motivated more by peer pressure than virtue or even self-interest. Opower contracts with utility companies to give personalized assessments of household energy use, which is compared to neighborhood patterns and accompanied by savings advice. So far, they've consistently achieved energy savings of around 2 percent.”

    The Hot New Frontier of Energy Research Is Human Behavior

    June 9, 2014

  • “The energy-storage part of the equation is still in its infancy. Batteries are expensive, although getting less so, and it’s obviously impractical to heat molten salt at home. But the rise of Big Data and other information technology has fueled a boom in products that are designed to help you control, optimize and reduce your energy use. In January, Google spent $3 billion to buy Nest and its wi-fi-enabled smart thermostats. Virginia-based Opower, which went public in April, works with 93 utilities to promote conservation, most famously smiley faces that let homeowners know on their bills if they’re using less power than their neighbors. Opower co-founder Alex Laskey says his firm saved customers enough electricity last year to power the city of Miami.”

    The Green Revolution Is Here

    June 5, 2014

  • Last September, in the lead up to its public offering, Opower (OPWR) announced its effort to reinvent residential demand response through the use of behavioral science.

    "This is game-changing," said Roderick Morris, Opower's senior vice president of marketing, after the company cut residential electricity demand for Baltimore Gas & Electric (BGE) during peak times by 5 percent simply by sending customized emails, text messages, phone calls and mailers to homeowners.

    Opower Expands Behavioral Demand Response to 1 Million Customers

    May 20, 2014

  • “By all indications, the summer cooling season is around the corner. The nation's power grid operators have issued their summer outlooks. Electric utilities have made their final preparations for the upcoming summer demand season. And the Netflix series "House of Cards" has released its second season in which the impact of a summer heat wave on the nation's power grid is a central plotline. 

    According to energy regulatory experts, though, it is at this point where this particular "House of Cards" episode veers into entertainment. As any FERC observer understands, a U.S. president or vice president cannot order FERC to conduct an investigation. A president who is following the law certainly does not dictate FERC's agenda. "It's a stretch to have the vice president tell the president, 'We'll open up a regulatory proceeding,' because FERC is an independent agency," said Richard Caperton, director of national policy and partnerships for Opower Inc., an energy software and services company. "[I]t is unlikely that it would be used as a hammer against political opponents."”

    Energy experts skeptical of 'House of Cards'-style summer power outage

    May 8, 2014

  • “The answer turned out to be very simple and incredibly effective: They realized that by just letting people know how much energy they were using, in comparison with their neighbors, they could change usage behavior and improve efficiency across entire communities. Seven years later, Opower Inc.(NYSE: OPWR) provides software and services to 93 utilities in eight countries and has, as of April 2014, saved 4.13 billion kilowatt-hours of energy, abated 6.33 billion pounds of carbon dioxide, and reduced consumers’ bills by $460 million. Each number climbs steadily by the day, the company says.”

    Opower Uses Psychology to Reduce Energy Consumption

    May 2, 2014

  • “A new study by the American Council for an Energy-Efficient Economy (ACEEE) outlines how energy efficiency could be used in an upcoming standard by the U.S. Environmental Protection Agency (EPA) to reduce CO2 levels with no net cost to the economy. The standard, currently under review by the White House Office of Management and Budget and likely to be released in early June, would set a Carbon dioxide (CO2) emissions limit for existing power plants under Section 111(d) of the Clean Air Act.

    “Energy efficiency is a proven economic driver that can help states already committed to reducing their energy waste, leveraging American ingenuity to create jobs while cleaning up the air,” said Richard Caperton, director of national policy and partnerships at Opower.”

    ACEEE: Reduce CO2 from power sector with no net cost to economy

    May 2, 2014

  • “The EPA has a huge opportunity to grow the economy,” says Richard Caperton, director of national policy at Opower, an energy efficiency software company based in Arlington, Virginia.By providing households with daily reports on their energy use and what the average is for their area along with ways to reduce it, Opower will help the U.S. save as much electricity as the Hoover Dam generates this year, Caperton told IPS.”

    Energy Efficiency Is an Untapped Goldmine

    May 2, 2014

  • “"A bit more challenging is setting the utility rate structure so the utilities are not a barrier, but a partner," said Richard Caperton, director of national policy and partnerships at Opower. The company works with utilities using software and energy tracking to guide ratepayers to use less.Utilities, however, are in the business of selling energy, so the sector needs to come up with ways to reduce consumption and make money at the same time, decoupling profits from power use, according to Caperton.”

    Energy efficiency is described as the most cost-effective way of meeting future EPA greenhouse gas targets -- report

    May 1, 2014

  • “Yates, 36, and Laskey, 37, co-founded the software company, which collects energy-use data on millions of homes around the world and partners with 93 utilities in eight countries. It went public (OPWR) in April and is now valued at $1 billion. Opower's big idea: Tell homeowners how much energy their neighbors are using to motivate them to use less.”

    The World's Top 25 Eco-Innovators

    May 1, 2014

  • “But the technology picture is rapidly changing. Opower, which made its name in utility energy efficiency, is now operating demand response programs on behalf of utilities based on analyses of smart meter data. And increasingly, smart two-way thermostats are being used. ”

    GreenBiz 101: What do you need to know about demand response?

    April 29, 2014

  • “Running an electric utility is a complex task, but the basic idea is simple. Make power and send it to customers, adjust the amount of power you make as needed. Recently publicOpower (NYSE: OPWR  ) is looking to apply big data to that equation, and it will make utilities vastly better along the way.”

    Here's 1 Tech Company Using Big Data to Make Utilities Run Better

    April 28, 2014

  • “On the first Earth Day in 1970, environmental sentiment was brightly painted, proudly worn, and full of fierce optimism. Ask people about the planet now, and you’re likely to hear that our political will has faded, even though our problems are worse. We’re facing a climate crisis that’s global and accelerating. Grand political solutions are far from view. The problem itself – carbon pollution from fossil fuels – isn’t something we can “see” in a traditional sense. It’s also irreversible, and a failure to act could tank the biosphere in ways we can’t even imagine.And yet, today, I’m hopeful.”

    Four reasons to be hopeful this Earth Day

    April 22, 2014

  • “We first met Dan Yates and Alex Laskey six years ago when Opower was piloting a new kind of energy efficiency program to just a few thousand homes by a small utility in Sacramento.The program had a simple hypothesis: By giving people personalized data-driven insights about their energy consumption, you could help them save energy. Inspired by Dan and Alex’s enthusiasm and belief that Opower would one day become pervasive in the global utility industry, [New Enterprise Associates] led the their first round of institutional venture capital when the company had just 12 employees.”

    Opower’s journey to going public

    April 13, 2014

  • “And check out Opower, which just went public. Opower works with utilities and consumers to lower electricity usage and bills using behavioral economics, explained Alex Laskey, the company’s co-founder, at their Arlington, Va., office. They do it by giving people personalized communications that display in simple, clear terms how their own energy usage compares with that of their neighbors. Once people understand where they are wasting energy — and how they compare with their neighbors — many start consuming less. And, as their consumption falls, utilities can meet their customers’ demand without having to build new power plants to handle peak loads a few days of the year. Everybody wins. Opower just signed up the Tokyo Electric Power Company and its 20 million homes.”

    Go Ahead, Vladimir, Make My Day

    April 13, 2014

  • “What lowers energy use? Behavioral research shows appeals to citizenship and the environment and even promises of cost savings fall flat. Peer pressure, however, works. Opower is a company that uses that insight to redesign electric bills. A typical Opower bill might point out you’re using 10 percent more energy than your neighbors and offer suggestions for how to lower that. Now serving more than 90 utilities around the world, Opower says its personalized messages lower overall energy use 1 to 3.5 percent.”

    Apps that might help nudge you into financial health

    April 11, 2014

  • “It may have been a celestial sign that, smack in the middle of The Wall Street Journal's ECO:nomics conference last week, a company called Opower Inc. OPWR -1.10%launched its initial public offering. Opower uses behavioral science to get homeowners to reduce energy use. It priced at $19 a share and now trades near $22.The message to conference goers: There's still plenty of momentum—and money to be made—at the intersection of business and the environment.”

    Hungry for Power, Hungry for Innovation

    April 8, 2014

  • “It's fun to see a young, innovative startup succeed where companies like Google and Microsoft failed so miserably. But this is more than a feel-good story of upstarts besting entrenched and well-funded competitors. Opower's IPO is valuable for the entire industry.”

    Why Opower's IPO is so important to all of us

    April 8, 2014

  • “Sometimes slow and steady wins the race. And in the same spirit, sometimes a company that plays a low-key ground game with regulators, utilities and the post office can succeed where the savviest tech companies failed.Judging by its initial public offering on Friday, file Opower Inc. OPWR -5.43% among the winners. The software company was valued at just over $1 billion after a 21% pop in its first day of trading, making it a bright spot among efforts by software makers to become players in the electricity industry.

    How Opower Bested Google

    April 7, 2014

  • OPower's initial run-up sounds like many successful recent tech IPOs, except, as the Wall Street Journal notes, Opower has neatly done something huge tech competitors couldn't -- convince consumers to use less electricity. Was the trick a better thermostat? More real-time online information about their consumption habits? No.Although the Arlington, Va.-based company uses sophisticated technology, its advantage has been an understanding of people. Alex Laskey, president and co-founder, explained to the Journal that his experience doing political polling taught him that consumers don't want more technological applications in their lives, but would respond to accessible information that could save them money.”

    Opower beats tech giants with readable energy report for consumers

    April 7, 2014

  • After a lull, Opower's success story could pave the way for other cleantech IPOs.Stuart Bernstein, global head of Goldman Sachs' Clean Technology and Renewables Group, expects between "half a dozen to a dozen" cleantech companies to IPO this year, noting that some have already registered IPOs confidentially as Opower just did, according to the Wall Street Journal.

    Opower shares take off in IPO

    April 7, 2014

  • “Investors had an appetite for GrubHub, and they were energized byOpower. Shares of GrubHub, the operator of websites and apps for ordering takeout food online, rose 31% Friday, and Opower, an energy-efficiency company that works with utilities to lower consumers’ energy usage, rose 21%. ”

    The Daily Startup: GrubHub, Opower Show Plenty of Pop in IPOs

    April 7, 2014

  • But there's a reason for all the hype: Opower’s IPO isn’t just about, well, Opower. Everyone from Wall Street to Silicon Valley is eyeing the energy-data nexus as the next big opportunity – but identifying opportunity and building successful business models around it are different stories.Opower, the market leader in residential efficiency, is one of the success stories. But what made Opower -- unlike so many other promising startups -- so successful? And what’s next for Opower and the energy-data opportunity?”

    What made Opower so successful?

    April 4, 2014

  • “And Opower, a software company whose services help homeowners cut their energy bills, opened at $25 a share after pricing at $19. It finished up 21 percent, or $4, at $23.The warm welcome that the three received shows how much investors are continuing to embrace I.P.O.s

    GrubHub Soars in Market Debut; Other New Listings Rise, Too

    April 4, 2014

  • Opower, which uses behavioral science and software to nudge consumers into cutting their electricity use, pulled off an IPO on Friday by raising around $116 million and demonstrated a rare public market exit for green tech startups.The shares of the Virginia company rose about 4% to $23.37 per share soon after its debut on the New York Stock Exchange. Opower priced its shares at $19, the high end of the range.”

    Opower Makes Public Market Debut, Gives Hopes To Other Green Tech Startups

    April 4, 2014

  • Opower Inc., which debuted today on the public market, may align itself with young software companies now booming on Wall Street, but it’s the company’s un-Silicon-Valley-like mentality that has propelled its business.”

    How Latest IPO Darling Opower Scored Where Google, Microsoft Failed

    April 4, 2014

  • “Opower's CEO speaks to CNBC's Squawk on the Street. ”

    Opower CEO: Utility Industry Undergoing Radical Transformation

    April 4, 2014

  • “Opower CEO and Founder Dan Yates discusses the company’s IPO on Bloomberg Television's “Bloomberg West.””

    Opower Surges As Company Goes Public

    April 4, 2014

  • Shares of Opower Inc. spiked in early trading Friday in the Arlington-based energy data company's debut on the New York Stock Exchange.The IPO raised $116 million for Opower (NYSE: OPWR), which  priced 6.1 million shares at $19 on Thursday evening. The stock opened at $25 per share on Friday before settling down to close at $23, up 21 percent.

    Opower sees early gains in NYSE debut

    April 4, 2014

  • Opower is exactly why early-stage investors have become attracted to the cleanweb. The company requires no heavy infrastructure to keep growing its service -- just a strong marketing team, the ability to capture meaningful data, and a big enough vision to outpace other software competitors.Opower is a much different company than it was when it started seven years ago. And, assuming it can keep sales high and investors happy, it has the ability to attack other markets without burdensome capital requirements. However, Opower's IPO isn't just about the attraction to cleanweb. It's also about growth in a subsector of the cleanweb: intelligent efficiency.”

    Opower IPO Is a Sign That ‘Intelligent Efficiency’ Truly Matters

    April 4, 2014

  • “Opower shares soared on the energy software company’s first day of trading on the New York Stock Exchange, opening more than 30 percent above their offering price.The Arlington, Va., company, which sells consumer energy efficiency software to the utility industry, priced 6.1 million shares at $19, raising nearly $116 million. Shares opened at $25 but drifted down a bit through the morning.In an interview, Chief Executive Dan Yates said Opower is helping utilities navigate a rapidly shifting landscape, as deregulation offers consumers more options in the marketplace, renewables become more pervasive and demand grows for improved energy efficiency.”

    Opower Shares Soar in IPO

    April 4, 2014

  • “Energy efficiency company Opower (NYSE: OPWR  ) debuted on the New York Stock Exchange this morning. Priced at $19, shares began trading at $26 before falling to $22 later in the day. Despite some positive buzz, this is not a company that has generated the hype of some other recent IPOs, so we've put together a basic Opower primer.”

    Opower Hits the Street: Here's What You Need to Know

    April 4, 2014

  • “Energy software company Opower started trading on the New York Stock Exchange on Friday morning starting at $25 per share, a significant jump from the $19 per share that it priced at last night. Last month Opower set its price range at $17 to $19 per share.

    Opower IPO: A strong debut, up over 20 percent by the afternoon

    April 4, 2014

  • Opower Inc. pulled off a long-awaited initial public offering Friday, earning a more than 20 percent pop in its first day of trading on the New York Stock Exchange.Investors seemed to shrug off Opower's red ink — the company lost $14.2 million last year and $12.3 million the year before — on the promise of continued growth. And CEO Dan Yates is planning to deliver on that growth, both in new utility clients and expanding the coverage of existing ones.

    Opower CEO charts post-IPO expansion, expects more red ink

    April 4, 2014

  • “Shares of Arlington-based energy software provider Opower surged 21 percent Friday after it made its debut as a publicly traded company.The stocks finished the day at $23 after opening at $19 a share. Opower hoped to raise $115.9 million in its initial public offering. The company’s share traded on the New York Stock Exchange under the ticker symbol OPWR.”

    Shares of Arlington-based Opower surge 21 percent in initial public offering

    April 4, 2014

  • “Opower had a successful initial public offering today, with its shares rising more than 21% on the New York Stock Exchange. The company has partnered with utility companies to help consumers save money on their utility bills–a strategy at whichOpower succeeded despite previous failures by large companies.”

    Opower CEO Daniel Yates on the ‘Huge Rush’ of the Company’s IPO

    April 4, 2014

  • ““I wrote a check after one meeting, when it was so early they didn’t even have a name yet, let alone a bank account, so I had to leave the check blank.”These are the words early oPower investor Ali Partovi sent VentureBeat in an email yesterday, ahead of oPower’s IPO on the New York Stock Exchange today.The company is trading under the “OPWR” ticker and is offering 6.1 million shares initially priced at $19 each. The IPO is a $116 million deal.”

    For early oPower investors, ‘ecosystem’ approach finally pays off

    April 4, 2014

  • Energy efficiency company Opower is ready for its public debut this Friday. In advance of the IPO I reconnected with their SVP Product & User Experience Alex Kinnier, whom I know from our days together at Google. I couldn’t ask Alex specifically about the IPO or future plans but wanted to get some more info on a company that gets less press than your typical social app but is poised for an amazing run.

    Day Before Opower IPO, SVP Product Alex Kinnier Reflects on Journey

    April 3, 2014

  • “For decades, regulators, environmental advocates and utilities have struggled to persuade consumers to use less electricity.Now, a fast-growing company that has shown promising results by rewarding energy misers with smiley faces on their monthly statements is taking its concept to Wall Street with an initial public offering of its stock, set for Friday.The company, Opower, which helps utilities use competition among neighbors to encourage residential customers to cut their electric use, hopes to raise more than $100 million through a stock sale that could leave it with a value close to $1 billion.”

    Energy-Saving Company Set for Public Offering

    April 3, 2014

  • “Opower is due to go public this week, and could raise as much as $110 million from an offering that would give it a valuation of just under a billion. Opower's success is proof of the capital light approach to cleantech, the triumph of energy efficiency, which won't transform the source of our energy but will set us on a slow but steady trajectory of reducing fossil fuel use.”

    What Opower will need to satisfy Wall Street

    April 3, 2014

  • “When energy software company Opower starts trading on the New York Stock Exchange, most likely Friday morning, it will show how young tech entrepreneurs can tackle meaningful problems — like energy efficiency and climate change — and still achieve the Silicon Valley dream of financial success. That’s in contrast to themantra that all of the young talent and investors are flocking to a flood of startups building decidedly less world-changing products, like social chat and photo-sharing apps.”

    With Opower’s IPO, founders show meaningful tech can pay off

    April 3, 2014

  • “A lot of these entrepreneurs will realize how hard energy and cleantech is, but they’re still out there, looking to build technologies that have a meaningful impact on big world problems. Opower’s CEO Dan Yates kicked off the morning by saying he’s seen a resurgence in cleantech over the past 18 months, though he also encouraged entrepreneurs to be satisfied with creating incremental solutions to start, rather than trying to bite off the whole problem.”

    It’s easy to miss the meaningful parts of the Valley, if you ignore them

    March 12, 2014

  • “The group of customers who use GEM most actively are already saving 3.4% more power than customers who don’t use GEM. The average reduction in consumption across all customers actively using GEM is 1.4%, compared with customers not yet using this technology. What this means is that GEM customers are already on track to save a combined total of about $2 million on their annual power bills.

    That’s a win-win because, along with the customer savings, we are also seeing early evidence that these customers are beginning to value GEM and the service we provide and are more likely to stay with Mercury Energy as a result. This backs our approach of investing in added-value customer services.” Since the launch of GEM, the number of active users has grown to around 80,000 households, which is over a quarter of Mercury Energy’s residential customer base.

    New technology reduces household power bills

    March 11, 2014

  • In a world where on average for every unit of energy we use, we waste nine so even just thousands of people can make a difference according to another, similar minded corporation, Opower.Alex Laskey, is president and co-founder of Opower which works with 90 utility partners and services more than 22 million consumers across eight countries. Founded in 2007, it is based in Arlington, Virginia, with offices in San Francisco, London, Singapore and Tokyo. Opower calls itself  “the world’s leading provider of customer engagement solutions for the utility industry”.”

    How social pressure can drive citizens to save energy in the home

    March 1, 2014

  • “On Thursday, it released Opower 5: Flex, the latest version of its enterprise software that utilities use to generate customized energy efficiency reports, run demand response programs and communicate with their customers. It's a tool that monopoly utilities can use to transition from treating customers as ratepayers to more active consumers with the ability to do things that weren't possible a few years ago, such as switch providers, go solar for little cost and demand cleaner energy, said Yates. "Utilities are significantly increasing their ability to communicate with their customers and they're beginning to see it as strategic," he said. ”

    Opower CEO: Don't underestimate utilities in energy transition

    February 28, 2014

  • Opower has succeeded in large part because it is a helpful ally to utilities that are required to encourage efficiency. By analyzing utility metering data, the firm sends out messages to consumers through mail, email, text or the web about how they stack against their neighbors. The approach, based on simple behavioral science, has proven remarkably effective for getting consistent residential savings in the 2 percent to 4 percent range -- enough to keep the regulators happy and show that utilities are doing something innovative. But that part of the company's history is old news. As Opower has expanded to 93 utilities and crunched data on more than 32 million consumers, its cloud-based software is becoming deeply embedded into utility customer care and electronic billing operations. The result is a company that no longer just does behavioral analytics, said Yates.”

    Opower's Evolution

    February 27, 2014

  • “Opower on Thursday released new software boosts its cloud-based platform's "business intelligence, web extensibility, and message targeting," according to a press release. The Opower 5: Flex software uses Elasticsearch, a big data search engine that can sort a utility's customers based on location, income, engagement, energy usage, and other categories. Along with having customized data on the back end, the utility can also customize the web portal.”

    Opower’s new software ramps up consumer analytics

    February 27, 2014

  • “Alex Laskey, president and founder of Opower, says utility companies are becoming more customer-centric, instead of maintaining the former transactional relationship with their customers. ”

    Opower Laskey Sees Revolution in Energy Consumption

    February 26, 2014

  • “America could be on the cusp of a breakthrough in our generation-long quest to reduce the carbon dioxide pollution generated by fossil-fueled power plants. Bold and bipartisan leadership is being provided by President Obama, governors, mayors, corporate executives, and environmental champions across the country, many of whom have embraced ambitious—yet still flexible and transparent—climate change mitigation plans. Companies devoted to helping utilities find technology solutions to meet their reduction targets are integral partners in this effort.”

    Flexible greenhouse rules would unleash energy efficiency innovation

    February 19, 2014

  • Nancy Hersh, Opower, analytics and consumer marketing VP
    Nancy's job at Arlington, Va.-based Opower, a cloud-software provider for utility companies, is to let consumers know how much energy they're using and what they can do to reduce it. And then she tracks the impact the communication actually has on energy usage. The job is perfect for Nancy since she describes herself as a "major data and math geek." She studied engineering and did some management consulting and private equity investing before veering toward pure tech in the late '90s. To witness the meaningful change that makes her proud, just check out Opower's "kilowatt hours saved" counter on its site. Best lesson: Don't regress to what is normal. Figure out where you get energy and what you're really good at.

    Power Women in Tech

    February 19, 2014

  • “Republican pollster Frank Luntz and Democratic campaign strategist Jim Messina have joinedOpower’s Advisory Board to help guide Opower’s policy and communications goals. Luntz pioneered the “instant response” focus group technique. Messina is the mastermind behind President Obama’s 2012 re-election campaign.”

    Energy Executive Moves

    February 19, 2014

  • “The co-founders of Opower tell us about the top 5 trends they're watching when it comes to utilities.”

    5 utility industry trends to watch this year

    February 16, 2014

  • “Opower has introduced the next generation of its thermostat platform featuring support for Honeywell's Comfort Control API, which extends the platform to additional Honeywell WiFi thermostats. Additionally, another new feature, Set for Savings, incorporates recommendations based on actual energy and billing data to improve the consumption efficiency for thermostats connected to the Opower platform.

    Direct Energy is the first retail provider to deploy the solution as part of the company's new smart thermostat initiative available to all residential customers in Texas.”

    Opower Releases New Generation of Smart Thermostats

    February 16, 2014

  • Sunday's Super Bowl was over practically before it even began. The first snap to Denver Bronco's quarterback Peyton Manning was botched in the first 12 seconds (the fastest any team has ever scored in the history of the 48 Super Bowls), resulting in a safety for the Seahawks and setting the tone for the rest of the game. The game ultimately ended in a near blowout- the score a disappointing 43 to 8 (spoiler alert: the Seahawks won, if you didn't already know).

    This year's question is, how do Denver and Seattle rate on energy efficiency? In an infographic from Opower, the Seahawks and Broncos go head-to-head in the Efficiency Bowl. This is how they stack up.

    Lights out for Denver Broncos

    February 3, 2014

  • “Denver also loses when it comes to energy savings during the Super Bowl itself. Virginia-based Opower ranked how much energy would be saved in households in both cities during the game. The theory goes that if everyone is watching football on one television, they are not running other household appliances, lights, or even heat in other parts of the home. ”

    Seattle beats Denver...in housing and energy

    January 31, 2014

  • “With the new platform, WiFi thermostats will be better able to measure energy efficiency and the users can then use the recommendations to lower costs and energy consumption.“As connected thermostats increase in popularity, there is a significant opportunity to integrate proactive advice based on energy and billing data into the customer experience,” SVP or product Alex Kinnier said in the release. “Set for Savings is our latest feature to not only help customers become more efficient, but to make their overall experience significantly more enjoyable.”

    Arlington's Opower Announces New WiFi Thermostat Partnership

    January 31, 2014

  • “Opower Inc. has hired Neel Gulhar, who formerly led programs at one of the startup’s main clients, utility Baltimore Gas & Electric, VentureWire has learned. The addition is part of an effort to beef up the ranks of senior managers and to add utility-industry expertise. Arlington, Va.-based Opower, which runs energy-efficiency programs based on its software for utility clients, has been increasing its staff rapidly over the past year, growing to about 480 people from 300 a year ago. Mr. Gulhar joins Opower as director of strategy and product management.”

    The Daily Startup

    January 30, 2014

  • “Sound easy? No, but Opower is tackling this challenge head-on. Historically, only about 5% of these businesses participate in utility efficiency programs, even though they spend nearly $60 billion a year on energy consumption—about five times more than residential customers, says Opower.“We wanted to reach businesses proactively,” says Foster. “We’re using the same tools as we’re using for residential customers, but making some modifications to make it more effective for small-and medium-sized businesses.””

    How Opower Sells Energy Efficiency to Small and Medium-Sized Businesses

    January 30, 2014

  • “The Denver Broncos and Seattle Seahawks will square off this weekend to determine which team will be the next world champion. As you're chomping on those buffalo wings or veggies and ranch dip during the game, you might ask yourself, 'I wonder how Denver and Seattle stack up on energy efficiency?' OK, probably not. But just in case you're wondering, OPower has crunched some numbers to determine which city wins the energy efficiency battle. Their take? Seattle is the winner. Check out the infographic below for all the stats.”

    Denver vs Seattle: which city wins the energy efficiency super bowl?

    January 30, 2014

  • “Head on over to Opower's Outlier blog to learn more about how Seattle managed to beat its just-as-progressive Rocky Mountain cousin in the Efficiency Bowl.”

    Seattle vs. Denver: Which city rules in the realm of energy efficiency?

    January 30, 2014

  • “For retailers like Direct Energy, the offering is more about giving customers control and convenience, as well as the chance to save money through Opower’s targeted messaging. Although the platform can be used for specific peak events, it is meant to help shave energy use on more than just the hottest days of the year. Even if utilities control 30 percent of residential thermostats, “That’s still 70 percent of homes [that are] not touched at all,” said Kevin Hamilton, senior director of devices and real-time services at Opower.”

    Technology Choice Is Finally Coming to Residential Demand Response

    January 30, 2014

  • As for which of this year's Super Bowl teams is the greenest, Groh declined to make an assessment. Regardless of who plays, he said, "it doesn't change what the overall impact of the Super Bowl is on the local community."

    But in their own communities, the green programs of the Broncos and Seahawks do have an impact, according to Opower, an Arlington, Va.-based energy software company that has compiled a scorecard comparing the teams' energy conservation efforts. ”

    Seahawks, Broncos gear up for super 'green' bowl

    January 30, 2014

  • “The product includes a mobile app to control the thermostat, which also gives customer-specific recommendations for savings. This utilizes Opower's "Set for Savings" software feature, which incorporates recommendations based on actual energy and billing data to improve the energy saving potential of thermostats connected to the Opower platform. Opower said that Direct Energy is the first competitive retail energy provider to deploy the solution "at scale."”

    Texas Retail Provider to Offer Smart Thermostat Solution

    January 29, 2014

  • Opower announced the release of the next version of the Opower Thermostat Platform. The new version adds support for Honeywell’s Comfort Control API extending the platform to additional Honeywell WiFi thermostats, as well as a key new feature, Set for Savings, which incorporates recommendations based on actual energy and billing data to improve the energy saving potential of thermostats connected to the Opower platform. Opower also noted that Direct Energy is the first competitive retail energy provider to deploy the solution at scale as part of their new smart thermostat initiative available to all residential customers in Texas.

    Couldn’t make it this time? Read our dispatches from DistribuTECH

    January 29, 2014

  • “Utility cloud-based software provider Opower has announced the expansion of its small and medium business (SMB) solution to deliver energy efficiency savings for three new utility clients, including National Grid. Opower’s expanded SMB solution builds on its experience delivering analysis and recommendations to nearly one million SMB utility customers through its energy-insights web platform, as well as its energy efficiency programs with more than 20 million residential customers at 90 utilities worldwide.”

    My, what a busy time of year for smart grid

    January 24, 2014

  • “SMBs are an important part of a utility's customers base, using on average five times more electricity than residential customers. However, they are a hard group to reach, with utility efficiency program participation rates often less than 5%, according to Opower.”

    Opower expands behavioral efficiency for small, medium businesses

    January 24, 2014

  • “Opower combines a cloud-based platform, big data and behavioral science to help utilities around the world reduce energy consumption and improve their relationship with customers. Opower is transforming the way that utilities interact with their customers, through proven and new solutions, such as Behavioral Demand Response. Opower serves 90 utilities in eight countries, including 8 of the 10 largest U.S. utilities.”

    Meet the first 10 companies for Smart Grid Companies to Watch in 2014

    January 21, 2014

  • “This simple idea has fuelled Opower, Laskey’s company, which researches utility use around the world and tries to understand what makes individuals engage with energy efficient behaviours. Part of their research has revealed certain aspects about energy consumer’s behaviours which hold true across cultures. One of these is that everyone wants to know how they measure up to others in terms of energy use. ”

    How to Make People Want to Save Energy Read more at http://livinggreenmag.com/2014/01/21/people-solutions/make-people-want-save-energy/#JXauqgkBtOTsKMdd.99

    January 21, 2014

  • “Opower BDR leverages smart meter data to deliver personalized insights to each customer through their communication channel of choice, and motivates them to reduce usage during times of peak power demand, such as hot days when air conditioner use is high.”

    How Opower helps Baltimore residents get smarter about energy

    January 20, 2014

  • “After selling Edusoft, the educational software company he founded, to publishing giant Houghton Mifflin in 2004, Dan Yates went on a yearlong road trip from Alaska to Argentina. The trip inspired him to think about energy conservation, and he decided to dedicate his next venture to preserving what's left of the planet. In 2007, with his longtime friend Alex Laskey, he founded Opower, which combines behavioral science, data analytics and customizable software that helps utilities help their customers save energy.”

    Opower CEO Dan Yates, on saving power for the people

    January 17, 2014

  • “While there have been many residential dynamic pricing programs over the years, few have been large deployments like Baltimore Gas & Electric's (BGE) 315,000 customer pilot. But far fewer are based on behavioral demand response.This week, Utility Dive is taking a look at how BGE and behavioral efficiency startup Opower are bringing dynamic pricing to the utility's service territory.”

    How Opower and BGE are pioneering behavioral demand response

    January 15, 2014

  • “Sometimes energy makes headlines, sometimes it doesn't. But it almost always has important implications for the global economy, the environment, and our day-to-day lives. Here are 10 statistics that capture some of the most noteworthy energy trends from 2013, and that will shape the energy world in 2014 and beyond.”

    10 Energy Statistics That Will Shape The Year Ahead

    January 15, 2014

  • Opower is a software company focused on energy efficiency. Opower works with utilities to monitor how much energy a consumer uses and gives households and businesses incentives to lower their consumption. The idea is that through the use of behavioral science techniques such as peer proof, people will feel compelled to consume energy more responsibly. Dan started Opower in 2007 with his Harvard classmate Alex Laskey. Prior, Dan launched Edusoft, a software company focused on public school assessments, which was sold to Houghton Mifflin in 2004.”

    From Scratch Radio, Dan Yates, Opower

    January 10, 2014

  • “Unlike other new residential demand response programs, Smart Energy Rewards does not hinge on customers possessing any particular devices, such as two-way digital thermostats. Instead, BGE expanded its partnership with Opower, Accenture and Oracle to build the program. Accenture provided consulting support, Oracle provides backend support, and Opower uses its behavioral science expertise to engage customers and provide tips for reducing energy.”

    All Carrot, No Stick: How BGE Plans to Enroll 1 Million Customers for Demand Response

    January 10, 2014

  • “Turning off lights, lowering the thermostat or air conditioning, and replacing lightbulbs and older home appliances with newer, high-efficiency models are all common ways residential energy consumers cut consumption, lower their utility bills, and reduce greenhouse gases. Thanks to Opower, an Arlington, Virginia–based software and services provider, some 88 million people in 22 million homes in eight countries in the Americas, Europe, Asia, and Australia have something else: monthly or bimonthly home energy consumption reports that detail not just how much energy they use but also how their energy use compares to that of their neighbors.”

    Power to the People

    January 1, 2014

Opower customers have