E.ON invests in US energy technology start-up

Energy giant E.ON announced it has bought a stake in a US start-up for $16.6 million (£10.6m). Bidgely offers an application to power companies which allows customers to better manage their energy […]

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By Jacqueline Echevarria

Energy giant E.ON announced it has bought a stake in a US start-up for $16.6 million (£10.6m).

Bidgely offers an application to power companies which allows customers to better manage their energy usage and compare it with similar houses in their area.

One of the start-up’s features is providing energy-saving tips for home electronics, appliances and heating units, which are sent as push notifications to customers’ mobile devices.

Consumers can also use the application via the internet or smartphones.

Susana Quintana-Plaza, E.ON Senior Vice President for Technology and Innovation said: “We want to offer our customers individually tailored, innovative products for an increasingly digitalised world. This partnership will enable us to do even more to help them save energy and manage their usage better.”

Earlier this year, British Gas bought a UK-based company that helps consumers control their heating and hot water remotely.