Loyalty programs are being increasingly adopted into utilities’ new business plans. The programs are all about kilowatt hours saved and energy conserved. These programs are usually coupled with peak load reduction and on demand response.
Smart meters, mobile apps and internet-of-things are increasingly part of this mix. Consumers can either manually respond to energy reduction signals for peak load or networked devices are intelligent to turn themselves off.
Wattcoin Labs can help utilities implement real-time energy efficiency reward programs ensuring they fill their regulatory requirements while improving customer engagement and retention.