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EcoFactor provides a cloud-based platform that enables Proactive Energy Efficiency, Optimized Demand Response, and HVAC Performance Monitoring, which can be deployed as standalone services or bundled into a complete residential energy solution for utilities, retailers, service providers, and consumers. It uses patented analytics to transform big data into personalized energy-saving recommendations and automatically optimizes thermostat settings to reduce bills while maximizing demand response, processing terabytes of data daily. The platform delivers a seamless consumer experience across mobile, web, and thermostat, with real-world programs like NV Energy's PowerShift delivering about 25% more load reduction and 10-15% savings on monthly heating and cooling costs.
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