Opower, a leading energy information software company, opens its expanded new headquarters in the Courthouse section of Arlington today (Friday), with ceremonies that will include Sen. Mark Warner, D-Va. and Rep. Jim Moran, D-Va. The company employs about 200 at its Arlington headquarters and a San Francisco office.
Recently named to the 2011 Global Cleantech 100 list, Opower was also chosen as one of the Top 10 North American companies and selected as #5 on the so-called â€œLust List,â€ which ranks those companies most admired by their peers and Cleantech Groupâ€™s global expert panel.
In its third year, the Global Cleantech program recognizes 100 of the worldâ€™s â€œmost promising and innovative companies,â€ and those that are â€œmost likely to make a significant market impact over the next 5-10 years.â€ The list is published by the Cleantech Group, a leading research firm focused on global clean tech innovation, in collaboration with the UKâ€™s Guardian News and Media.
â€œOpower is proud and honored to be recognized as one of the worldâ€™s most innovative and efficient companies,â€ said Dan Yates, Opowerâ€™s CEO. â€œWe believe that every household and business deserves a future where personalized and actionable energy information is available at our fingertips, with tips to save money and reduce our carbon footprint and energy consumption.â€
Opower currently works with 60 utilities across the United States, including eight out of 10 of the nationâ€™s largest, to provide customers with contextual and actionable information about how they are using energy in their homes.
Since its founding, Opower has driven almost 500 gigawatt hours in energy savings and has cumulatively saved consumers in the U.S. more than $54 million on their energy bills. The company is on track to save 1 terawatt of electricity by the end of 2012, enough energy to power 100,000 average U.S. homes for a year.
This recognition comes on the heels of several major announcements from Opower. On Monday, the company announced a new joint effort with Facebook and the Natural Resources Defense Council (NRDC) to launch a new social energy application that will use the power of social networking to raise consumer awareness about energy consumption.
Leveraging the Facebook platform, the app will enable consumers who choose to participate to benchmark their homeâ€™s energy usage against a national average of similar homes, compare their energy use with friends, enter energy-saving competitions, and share tips on how to become more energy efficient.
Opower also recently announced that it is partnering with global control technology giant Honeywell to launch a platform that includes a Web-connected programmable thermostat to help utilities boost energy efficiency programs, driving deeper savings in the home and maximizing return on investment. The platform will combine Honeywellâ€™s expertise in residential automation and control systems with Opowerâ€™s industry-leading energy data analytics and customer engagement techniques to create intuitive, reliable and cost-effective technology that will provide energy savings in the home and across the entire electrical grid.
More than 60 utilitiesâ€”including 8 of the 10 largest in the USâ€” partner with Opower to improve the effectiveness of their energy-efficiency portfolios and motivate their customers to become more energy efficient, while dramatically increasing the level of customer engagement and overall customer satisfaction.
For utilities with Advanced Metering Infrastructure (AMI), the Opower platform represents a cost-effective way to convert hourly data into measurable energy savings, delivering a clear return on investment directly to customers. Founded in 2007 and privately held, Opower is headquartered in Arlington, Virginia, with a second office in San Francisco, California. For more information, please visit www.opower.com.