Evolve Energy Makes Energy Management Automatic in Texas with New AI-Based Platform
Summary
The Houston-based company is backed by Matt Rogers, co-founder of Nest, plus angel investors from Tesla, Energy Innovation Think Tank, Boston Consulting Group and industry leading solar developers. Users pay a flat $10 monthly fee and input preferences, such as cost, comfort or carbon, to put Evolve Energy’s industry-leading AI platform to work and become more energy efficient, environmentally-friendly and cost-effective with ease. “I am excited to be a part of Evolve Energy’s journey and to see the many possibilities the company can create in energy efficiency for consumers everywhere.” 40 million U.S. homes will have a smart thermostat by 2020, according to Park Associates. Evolve Energy is currently available in deregulated markets throughout the state of Texas, with plans to expand to new cities soon. In addition to their residential launch, in the coming months Evolve Energy will also offer a similar product for Texas commercial and industrial customers.