This startup rewards you for using less electricity

Jan 12, 2018, 6:35 AM EST
(Source: frankieleon/flickr)
(Source: frankieleon/flickr)

California-based startup, OhmConnect, is using a new unit “negawatts,” which measures the amount of electricity people save by turning off their electronic appliances in its hour-long “demand response” events.

The driving force for this power-saving remains the hard cash, as the participant homes are rewarded with points redeemable for dollars, writes Fast Company.  

The model cuts the dependence of energy grids on expensive and polluting emergency power plants by balancing demand and supply during evening peak hours while allowing a small home to make $40 to $50 a year, notes Mental Floss

TAGS: OhmConnect