ZOME Energy Networks, Inc.

Solutions for energy efficiency, revenue generation an...


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ENERGY INFRASTRUCTURE FOR SMART BUILDINGS
ZOME Energy Networks, Inc.:
Fast Facts

ZOME is a cloud-based software solution for the residential and commercial energy sector. We work with building owners and energy providers to uniquely and viably monetize energy efficiency / management in a recurring revenue model that is a win for building owners, energy providers, and the environment.

ENERGY INFRASTRUCTURE FOR SMART BUILDINGS
Supply/Demand Issues
in Renewable Energy

As renewable energy generation investment grows, and traditional energy slows, the supply of energy becomes less predictable, creating a significant challenge for energy providers:

Too much supply and resources are wasted...…

and too much demand and the results are blackouts and equipment failure.

Fast counter-acting demand reduction is a requirement to deploy Wind and Solar generation in scale.

ENERGY INFRASTRUCTURE FOR SMART BUILDINGS
Profitable renewable energy
management is possible

In addition to selling to and satisfying building owners, ZOME helps energy providers balance supply and demand by bridging the evolving energy ecosystem and consumer smart energy devices (and gets paid for doing it).  ZOME uses cloud computing, algorithms they have developed in the field that work, and API-interoperability with low cost IoT equipment (like smart thermostats) to connect and control smart energy devices directly with the electric grid and energy markets.


 

ENERGY INFRASTRUCTURE FOR SMART BUILDINGS
Key Features / How It Works

ZOME enables profitable energy management that helps the deployment of renewables by:

Our ZOMEKit solution connects smart thermostats and networked on/off adapters for hot water heaters to our custom network and connects them all together, both in the building and out to the cloud.

We interface to the energy wholesale market, know when they pay for “demand response” and ”ancillary services” and signal thermostats and hot water heaters to adjust when appropriate.

We are paid by the energy market and share the revenue with the building owners and occupants.

Note to viewers: this video was shot after the first building installation.  The ZOMEKit system has been installed for 18 months now in all five buildings described in the video.

ENERGY INFRASTRUCTURE FOR SMART BUILDINGS
Traction & Accomplishments

PRODUCT
Successfully delivered and operated ZOMEKit, which has won numerous awards, including “Best of Innovations” (Best of Show) at CES 2019.

REVENUE
In 2019, ZOME did $456,000 in revenue.

CUSTOMERS
We have been in nine buildings for well over a year and have customer references. In early 2020, we signed contracts with three property companies that total over 200 buildings to move into.

PARTNERSHIPS
We work in partnership with  an electric utility that is a well-known leader in smart energy.

ENERGY INFRASTRUCTURE FOR SMART BUILDINGS
Meet The Team


Dr. Alex Papalexopoulos is the CEO & Chairman of ZOME Energy Networks. Dr. Papalexopoulos is was also the founder of ECCO, one of the top energy market designers in the world. He is also an IEEE Fellow, has developed much of the ISO market system in the USA, and has designed energy markets on four continents.  Dr. Papalexopoulos literally wrote the book on the exact set of complex energy wholesale markets ZOME is uniquely using to monetize energy efficiency/ management.

Brad Kayton is ZOME’s COO and co-founder. Mr. Kayton has a long background in networked devices and IoT, having co-founded both 2Wire, Inc. ($700M in annual revenue at its peak) and 4Home (smart home control platform), which was adopted by Verizon and later acquired by Motorola, then Google. He has been involved with over 50 financings totaling over $300M, has co-founded six companies, has been the first angel investor in over a dozen companies, and has 13 patents to his name.

Sam Wynn is ZOME’s VP of Sales and Buildings Deployment.  Mr. Wynn, raised in an apartment building owning family, is primary responsible for the sales pipeline ZOME has amassed.  Mr. Wynn has a successful history in technology sales as well as an IT background especially in IoT and digital security.

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