The partnership will allow them to pilot smart energy technology and reduce grid constraints in Connecticut.
FREMONT, CA: “Today marks a significant milestone in our journey towards a more dynamic, customer-centric energy system. This partnership with United Illuminating is a perfect opportunity for us to show how the Kraken platform can build lasting change for the communities in the region. We are proud to work with UI to optimize customer’s energy usage and play a role in Connecticut's net zero goals,” says Devrim Celal, CEO of Kraken.
Kraken, a proven end-to-end enterprise platform for energy management, has partnered with United Illuminating (UI), a subsidiary of Avangrid, to offer an intelligent control and optimization solution to UI's customers.
UI customers can optimize electric vehicles and heat pumps using Kraken's SmartFlex technology to reduce energy consumption. It allows the supplier to automatically match customers' energy usage to the most environmentally friendly and cost-effective times. The program will enable households to save up to 30 percent on their monthly electric bills, equivalent to $120-$200 per device.
“With the creativity and innovation of companies like Kraken, we in Connecticut can build a more sustainable, efficient energy system to benefit all electricity users. Today, we at UI are proud to announce our partnership with Kraken to make an industry-leading energy management platform available to our customers, and we look forward to seeing the positive impact it will have on customers’ energy usage and costs,” says Frank Reynolds, President & CEO at UI.
Kraken has been selected for Connecticut's Public Utilities Regulatory Authority's Innovative Energy Solutions program, allowing United Illuminating (UI) to provide households with a dynamic supply and demand response management solution. Customers of UI's electric vehicle and heat pump systems in New Haven and Bridgeport can save up to 20 percent on energy and 30 percent on power bills.
The project will allow households to reduce their energy consumption by 15-20 percent while also easing grid constraints caused by high demand, all without the customers lifting a finger. The pilot, set to unveil, aligns with Connecticut's ambitious climate goal of reducing greenhouse gas emissions by 45 percent by 2030.
