WattBuy, a software company providing energy insights and electrification solutions for residential customers, announced that it has been acquired by Schneider Electric. Along with the current management team, CEO and co-founder Naman Trivedi will continue to lead WattBuy’s operations.
WattBuy will partner with Schneider Electric subsidiaries EnergySage and Qmerit to deliver an end-to-end experience for homeowners covering everything from personalized energy plans and solar installations to EV charger deployment and home electrification upgrades.
“Electrification is the defining opportunity of the next decade — and it starts with empowering consumers,” said Jaser Faruq, SVP, prosumer at Schneider Electric. “WattBuy’s personalization capabilities and intelligence engine are the perfect complement to EnergySage’s mission of transparency and choice. By integrating WattBuy into our growing prosumer energy portfolio, we’re unlocking a future where every household can make smarter, cleaner energy choices, transforming both the purchasing and installation experience.”
WattBuy uses proprietary data models to provide customized recommendations for electricity plans, rooftop solar, battery storage and total energy costs based on a consumer’s address and energy usage profile.
News item from WattBuy