IoT Startup Resources
The IEEE IoT Startup Resources enable emerging players in the IoT market to share and discuss their endeavors with the IEEE community. Use this platform to connect with community members and discover new innovations in the evolving field of IoT. To contribute your ideas, we invite you to get involved at upcoming IoT Startup Events hosted by the IEEE Standards Association (IEEE-SA) and the IEEE Internet of Things (IoT) Initiative.
OhmConnect: Bankrolling Home Automation
- Energy savings
- Resource URL:
- Description of Startup:
OhmConnect pays users to save energy. One or two times a week, when the electricity grid is strained, OhmConnect calls on its users to reduce electricity – for every kWh saved, users can earn cash. OhmConnect acts as a broker between homes and the energy markets; OhmConnect aggregates thousands of homes and sells “negawatts” of electricity back to the grid, displacing traditional power plants.Our users quickly find that the best way to reduce is through automated devices. In fact, before OhmConnect, many users found little value in their smart thermostats and smart plugs; however, with OhmConnect, users immediately equate earnings potential directly with their automated devices.
- Additional Resources:
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