Measurable.energy

About Measurable.energy

Measurable.energy, founded in Reading, United Kingdom, in 2018, offers an energy management solution designed to reduce electricity costs and carbon emissions in commercial buildings. The company was established by Dan Williams and Josh Eadie, who identified a market gap in monitoring and controlling energy waste from devices plugged into power sockets, often referred to as 'small power' or 'plug load'. Williams, the CEO, brings a background in environmental sustainability and technology, including an Engineering Doctorate focused on the energy impacts of software services for companies like Microsoft and sustainability strategy work for Google and the BBC. CTO Josh Eadie also holds an Engineering Doctorate, specializing in machine learning and robotics. This shared expertise in technology and sustainability underpins the company's core mission.

The firm targets the substantial energy waste in commercial real estate, which can account for up to 40% of a building's total electricity usage, with as much as half of that being wasted by devices left on or in standby mode. Measurable.energy addresses this by providing a system of patented, machine-learning-powered smart sockets, fused spurs, and a cloud-based software platform. The hardware identifies connected devices, monitors their real-time energy consumption, and automatically turns them off when they are not in use, effectively eliminating this 'vampire power' drain. Clients can access a central dashboard, the 'Control Centre,' to view detailed reports on energy usage, CO2 emissions, and manage the on/off rules for their sockets.

The business model operates on a combination of a one-time hardware fee for the sockets and a recurring monthly software subscription. This subscription covers access to the AI-driven platform, reporting tools, and customer support. The company asserts that its solution can reduce a client's electricity costs and associated carbon emissions by up to 50%, with a return on investment often realized within two years. Measurable.energy serves a diverse client base that includes the construction, commercial real estate, public sector, hospitality, and education sectors, with notable customers like Kier Group, Morgan Sindall, and the University of Reading. The company has secured significant funding, including a Series A round, to fuel its growth, expand its product line, and support international expansion into markets like the US, Europe, and Southeast Asia.