EnPowered

This week, our founder, Tomas van Stee, shared the EnPowered story on Nenni and Associate's Building Efficiency Podcast.

He sat down with Jim Schafer to discuss our current go-to-market strategy, how we are utilizing AI to increase efficiency, and future trends in the energy industry.

Tune in here: https://www.buzzsprout.com/1057735/15480369

Peak Prediction Update!

Yesterday was an extremely complex peak event to manage in Ontario, especially if you were relying on inaccurate predictions. At EnPowered, we correctly foresaw a double peak in our 8am notification, allowing our customers to hit both the early afternoon peak and the ultimate 4-5pm peak caused by the forecasted rain being delayed 2 hours.

For those who missed it with a different provider, there's still time to make the switch. Get in touch with us to benefit from our best-in-class peak calling service. Let's stay ahead together!

Great news for the renewable energy sector!

The passage of Bill C-59 and the introduction of the Clean Technology Investment Tax Credit (ITC) mark a significant step forward for clean energy initiatives and sustainable development in Canada. This legislation will drive innovation, create jobs, and help us achieve our climate goals.

Read more about it here:

News Release: CanREA celebrates Bill C-59 and the Cleantech ITC – Canadian Renewable Energy Association News Release: CanREA celebrates Bill C-59 and the Cleantech ITC The passing of Bill C-59, which implements the Clean Technology Investment Tax Credit, makes Canada a more competitive place to invest in renewable energy and energy storage. Ottawa, June 19, 2024—The Canadian Renewable Energy Associa...

Giant batteries are changing the way the US uses solar.

These giant storage units can house extra energy from solar or wind sources to be used in higher-demand periods. This comes in handy when emergency situations, like heat waves, occur and an extraordinary amount of energy is needed.

Learn more about the plans to grow battery capacity this year:

Giant batteries are transforming the way the US uses electricity: 'A glimpse of what could happen to other grids in the future' Americans in states like California and Texas are using more clean energy and relying less on polluting fossil fuels, thanks to battery storage.

A recent report from IEA shuts down the myth that clean energy is driving up power costs.

It also revealed that the quicker companies, governments, and individuals join the clean-energy movement, the more cost-effective it will be. The longer anyone puts off investing, the more they will pay in the future.

See more explanation in this Renewable Energy World article:

No, clean energy isn't driving up power costs Reaching global net-zero emissions by 2050 will require investment, but could reduce costs by more than half, according to an IEA report.

Peaks are here!

Already last week, Ontario had its first potential Peak Hour with temperatures reaching a feels-like temperature of 34C on Monday and Tuesday. That's the earliest potential Peak Hour we've ever seen.

What does this mean for you? Hurry to make decisions and take advantage of the ICI Peak Predictions Program:

Accessing the ICI Program | EnPowered The Industrial Conservation Initiative (ICI) is a great way for Ontario businesses to save money on their electricity.

We are thrilled to announce our official acquisition of long-serving commercial energy financing company, LED.Finance.

This acquisition strengthens our commitment to reducing financing barriers for clean energy projects and grows our platform's capacity to find financing options that perfectly fit the needs of clean energy contractors.

Learn more about the acquisition:

EnPowered Acquires LED.Finance, Expanding Funding Options For Clean Energy Contractors | EnPowered Waterloo, ON - May 01, 2024—EnPowered, a leader in providing access to financing for commercial clean energy hardware projects, today announced it has