Opower
What is Opower?
Opower, founded in 2007 and originally known as Positive Energy, Inc., is a leader in energy efficiency and utility customer engagement. The company aims to motivate global energy savings by enhancing the utility billing experience. By utilizing behavioral science, Opower encourages consumers to reduce energy consumption through friendly comparisons with neighbors. The primary service offered by Opower includes personalized energy usage reports for households. These reports not only compare individual consumption with that of nearby homes but also provide actionable tips for reducing energy use. Opower collaborates with over 95 utility companies across nine countries, impacting more than 50 million households and driving significant energy savings worldwide. In 2016, Opower was acquired by Oracle Corporation, integrating its innovative energy efficiency solutions into Oracles Utilities Global Business Unit. The company has been recognized for its transformative approach, including being named to CNBCs Disruptor 50 list in 2013.
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