|By Business Wire||
|May 30, 2014 08:03 AM EDT||
Speaking this week at The White House Energy Datapalooza, Genability’s CEO Jason Riley announced the launch of the Company’s “Open Solar Savings” initiative. In partnership with the Department of Energy’s SunShot Initiative, Genability will be publishing and maintaining a nationwide dataset of solar PV savings, freely available for anyone to use.
U.S. Secretary of Energy, Dr. Ernest Moniz, speaks with Genability CEO, Jason Riley, during the 2014 White House Energy Datapalooza. (Photo: Business Wire)
“Based on the latest NREL numbers, approximately 64% of the current cost of a residential solar PV system is so-called soft costs, which includes customer acquisition, permitting, financing and all non-hardware related expenses,” said Jason Riley. “The goal of Open Solar Savings is to provide the data that homeowners, solar educators, installers, developers and financiers need to help drive down these costs and contribute to the SunShot goal of $1/W by 2020.” Along with an API, Genability will be building a showcase solar savings website for homeowners.
"By leveraging freely available government data and tools, entrepreneurs and innovators are helping to build the clean energy economy," said Todd Park, U.S. Chief Technology Officer and Assistant to the President. "Innovations like those featured today at the Energy Datapalooza can help Americans conserve energy, save money, and advance a safer and cleaner future."
About the Energy Datapalooza
Hosted by The White House, the Department of Energy, and the General Services Administration, the Energy Datapalooza highlighted companies who leverage the power of open data to foster the clean energy economy. The event included a speech by Secretary of Energy Ernest Moniz and “lightning talks” from Genability as well as C3 Energy, OPower, FirstFuel and Nest.
Genability enables New Energy Companies to embed smart energy in their products, saving their customers money. Genability’s customers are the leading providers of solar, electric vehicles, connected appliances, and home energy management. They use our software to precisely find, maximize and communicate energy cost savings. In dollars, not kWh. Genability’s technology is backed by the industry’s best database of electricity tariff rates, incentives and rebates coupled with the fastest, most accurate rate engine available. Genability’s software applications include: Genability Switch™, for sophisticated forecasting and beautiful presentation of savings if you go solar, purchase an EV, choose a different rate plan and more, and Genability Conduct™, which tracks and benchmarks energy spend as well as optimizes scheduling of connected appliances and EV smart chargers. Visit www.genability.com.
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