A Business Plan for Residential Microgrid Software

Abstract

Have you ever thought about going solar or getting an electric vehicle? Do you know which utility rate would save you the most money? Does getting a battery make sense for your home?

BUILD MY GRID is the first customer-centric platform that helps residential homeowners answer some of these questions. BUILD MY GRID relies on backend algorithms that optimize utility rates and renewable energy technologies to show customers how they can save the most money by going green. Specifically, customers can compare utility rates, examine different technology combinations, and see available grid services.

The energy landscape is morphing into a sustainable decentralized system of energy resources. Residential customers will become increasingly empowered to participate in bidirectional energy management. BUILD MY GRID will help individuals engage in the energy transformation while simultaneously providing an important dataset for traditional energy players, such as utilities.