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Unlock your Meter Data to access actionable Insights and deliver profitable Net-Zero.

We are the industry leaders in the extraction of Insights isolating Behind the Meter (BTM) load and generation from devices including Electric Vehicles (EVs), Heat Pumps, Photovoltaics (PVs), and HVAC. We use interval level analytics and bottoms-up AI machine learning models that learn from 52 million client meters delivering greater than 95% accuracy. 

Our BTM Insights deliver a competitive edge to retailers. Understanding individual customers’ usage enables us to unlock a range of innovative solutions including pricing, non commodity product targeting, customer engagement and scope 2 carbon emissions reduction.

Innowatts unmatched forecasting solutions are set apart from the competition, we use our extracted Insights combined with our domain expertise and scale to deliver highly accurate forecasts to drive your business forward.

Explore our solutions for Retail Energy Providers
Behind The Meter Identification
Understand devices residing Behind the Meter (BTM)
Understand devices residing Behind the Meter (BTM)

The grid transition is changing how and when electricity is generated and consumed. This makes planning and operating the grid, managing trading risk and reducing scope 2 emissions increasingly challenging. Innowatts BTM Identification provides meter level visibility to which meters have Electric Vehicles (EVs), PhotoVoltaics (PVs) and Heat Pumps. We use these Insights to inform our forecasts, identify flexibility, and provide our customers the data they need to understand and target the end users with appropriate products and services.

Weather Sensitivity
How sensitive is that meter to temperature?
How sensitive is that meter to temperature?

Understanding how each meter’s load changes in relation to each degree increase or decrease in temperature is a key input into our award winning forecasts. This Insight can be used by our customers to identify which meters are best suited for various interventions and products. For example, the deployment of local storage or if they are suited for thermal measures including the provision of upgraded HVAC for efficiency, increased insulation, pre-heating / cooling routines etc.

Wholesale Settlements
Manage Wholesale Settlement charges down to the meter-level
Manage Wholesale Settlement charges down to the meter-level

This easy to use feature is a must-have for teams buying and selling on the power market. Innowatts’ Wholesale Settlements solution allows for the automated capture of wholesale charges, reconciliation and native integration with industry-leading billing providers, allocation of charges against your portfolio at the meter level, and allocation using estimated calendarized consumption. This important capability enables your organization to reduce manual work and improve operational efficiency, while leveraging meter level data to accurately allocate charges.

Mark-to-Market
Comprehensive and accurate market analysis
Comprehensive and accurate market analysis

Employing 50 million meters and two of the best Risk Management and Demand Insight solutions in the power and energy industry, our Mark-to-Market capability is as comprehensive as you will find. Armed with various pricing scenarios and data-backed examples, the Innowatts’ Mark-to-Market Insight will give you and your team an accurate assessment of where you stand. 

Suitability for DER
Know and forecast which meters have flexibility
Know and forecast which meters have flexibility

With the drive to net zero and the increasing reliance on renewable energy, matching supply to demand is becoming increasingly challenging. To counter this, market mechanisms to support load flexibility are on the rise. As the balance shifts from thermal to renewable generation, participants need to access the flexibility of smaller and more distributed devices. Innowatts BTM Insights identify which meters have optionality now and in the future. Alerts from these Insights can be pushed to control systems to drive action.

Profitability
Create immediate economic impact for your business
Create immediate economic impact for your business

Take an extensive look at your customer base and understand what makes the most economic sense for you and your customers with our Profitability Analysis Insight. By examining granular, meter level data, our analysis provides detailed segmentation of customer behavior based on variables including peak contribution, weather intensity, energy intensity, and economic value. These Insights allow for improved energy plan options while meeting and exceeding reliability and affordability goals.

Demand Forecast
Predicting demand from behind the meter up
Predicting demand from behind the meter up

Connecting to data at a granular level enables Innowatts AI to Extract Insights into the usage and generation of electricity behind every meter. Be that a meter at a home, office, commercial or industrial facility or from within the power network. These Insights, in conjunction with our proprietary weather service and bottoms up approach, enables us to deliver award winning forecast accuracy at any level of aggregation within your portfolio and for any time horizon.

Generation Forecast
Understanding the opportunity and risk of BTM generation
Understanding the opportunity and risk of BTM generation

The proliferation of Photovoltaics (PVs), Batteries, and other Behind the Meter (BTM) generation, has reached a point where they are having a meaningful impact on demand forecasts. Innowatts ability to identify BTM devices and generate individual forecasts, helps to ensure that the net demand is accurately comprehended. Additionally the generation forecast acts as a key input in the forecasting of load optionality.

ISO Forecast
Forecast system peaks to optimize your risk and exposure
Forecast system peaks to optimize your risk and exposure

Traders and Risk Managers need to anticipate likely wholesale price moves and system peaks. A key factor in driving these pricing moves is the total system load for the market in which you are operating. Innowatts provides an industry leading 14 day ISO Forecast with proven performance during extreme weather events.

Net Open Position
Manage your exposure to market risk
Manage your exposure to market risk

Utilizing Innowatts Demand Insights, you can determine your outstanding exposure using our Net Open Position capability which forms part of the Innowatts Risk Management solution. Using meter and interval level data, you and your team will have improved transparency to better understand the risk of your Net Open Position and optimize your commodity risk.

Scenario Analysis
Understand the impact of weather scenarios on your load
Understand the impact of weather scenarios on your load

By combining historic usage data, portfolio growth estimates and our BTM Insights, the Scenario Analysis service enables you to model the impact of a variety of weather patterns on your energy portfolio. Scenarios can be applied and analyzed for forecasted load and or generation forecasts from meter level right up through system level views.

Coincidence Peaks
Optimize your transmission and distribution charges
Optimize your transmission and distribution charges

In many markets, the cost of Transmission and Distribution (T&D) charges is calculated based on the recorded usage for an individual meter at the times of system peaks within specified months of the year. Innowatts System Forecasts combined with Meter Level Forecasts and Load Optionality provide you with the ability to understand when these peaks will occur, what load you can shift and drive action to reduce your T&D charges.

Load Optionality
Reduce your supply cost by accessing flexible load
Reduce your supply cost by accessing flexible load

Drive load changes by understanding which meters have future flexibility, and push notifications to end users and control systems. Our BTM Insights identify and forecast load optionality of BTM devices, and by using our platform’s Alerting and Integration functions, users can drive meaningful change in load shapes and reduce their cost of supply. 

Load Scheduling
Adjust and schedule load into US markets
Adjust and schedule load into US markets

The Innowatts Load Scheduling solution will simplify operations for your team. Seamlessly tie your forecast to a demand bid submission in as few as two clicks. You can submit your bid for your whole portfolio by REP brand or EDC. Innowatts Load Scheduling is available for the following ISOs; ERCOT, PJM, MISO, NY-ISO, ISO-NE; and we continue to add new markets. The solution will make your data flow smoother and improve transparency through the management approval feature which enables you to make last minute adjustments for additional risk mitigation. Finally, thanks to its 100 percent submissions automation capability, you can have the peace of mind that your operations are running smoothly without introducing human errors. 

Demand Response
Identifying flexible load and availability from BTM assets
Identifying flexible load and availability from BTM assets

Innowatts AI extracts Insights to identify behind which meters flexible load resides. Our forecasting services then determine the optimum times for these assets to support demand response without causing interruption to the end users service. Availing of our Alerting and Integration services you can push notifications to your demand response provider to inform them which loads, generation or storage to activate and when.

Risk Management
Access the data you need to manage your risk exposure
Access the data you need to manage your risk exposure

Designed with your bottom line and energy spend in mind, the Innowatts Risk Management solution leverages your energy data along with our granular data Insights to help you optimize your commodity risk. It also provides hourly reporting of demand-supply positions to ensure you are getting real time data to view exposure, whether by block, shape or swing – you set the parameters. Your team also benefits from our platform’s dynamic ability to analyze weather, load and supply scenarios to enable smart supply hedging decisions and thereby reducing gross margin volatility. Our advanced engineering also ensures the safe and secure end-to-end integration ability with ETRM systems to promote seamless data transfer and transparency.

Decarbonisation
Promoting your Sustainability and Reliability
Promoting your Sustainability and Reliability

The Innowatts Carbon Insights and granular meter-level approach is an invaluable tool to assist you in achieving your decarbonization goals. Our Insights can enhance your carbon accounting, thereby identifying and eliminating Scope 2 carbon emissions. The Insights also enable a detailed DER deployment strategy to further reduce carbon and promote load optionality. Thanks to the Carbon ID feature, the Innowatts Platform will report outlier usage and carbon production, allowing for better allocation of capital to further combat carbon and promote sustainability.  

Cost Reduction
Optimizing Cost and Profitability
Optimizing Cost and Profitability

For Retailers, our Profitability Insight works at a meter level to enable you to develop marketing strategies to retain and grow your most profitable customers. Trading and Risk Teams can use our forecasts to reduce imbalance charges, inform hedge trades, monitor Net Open Position and Mark-to-Market.

Customer Engagement
Excite your customers and grow their value
Excite your customers and grow their value

Our platform enables you to distill Insights to identify customers of interest by using InnoPODsInnowatts Personalized Opinionated Datasets. Information from an InnoPOD can be visualized via a variety of popular business intelligence tools, for example Power BI, or shared via API or pushed to third party systems to trigger downstream workflows. 

Billing
World-Class Billing at your Service
World-Class Billing at your Service

Innowatts has partnered with world-class billing software leader ESG to provide billing and accounting services. This partnership leverages Innowatts award-winning SaaS platform combined with industry veteran ESG to create a complete, seamless, and most importantly – accurate – billing system so your company can focus on driving and growing revenue.

Continue to discover the Innowatts Platform
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Connect

Integrates with your business operations to safely deliver the Energy Insights you require.

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EXTRACT

Unlock value from your Meter level Data through Industry leading Insights.

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Forecast

Advanced award-winning machine learning models providing next generation forecast accuracy

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DELIVER

Deliver the Sustainability, Reliability and Profitability goals of your business today

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Let's explore how Innowatts can help you drive your business forward.