Fresh Energy, the first fully digital electricity provider in Germany to generate significant value for customers based on Smart Meter technology, has won the GreenTec Award 2018 in the category "Startup". The world's leading environmental award honors green pioneers and sustainable innovations. The Berlin-based company received the award for its innovative product mix of green electricity, free smart meters and its intuitive app that allows users to see their electricity consumption in real-time, thereby promoting sustainable electricity consumption.
The coveted trophy was presented to Dr. Christian Bogatu, CEO and Co-Founder of Fresh Energy, at a ceremony at the ICM in Munich in the run-up to IFAT, the world’s leading trade fair for water, wastewater, waste and raw materials management. Having already received a series of awards, including at the Handelsblatt's "Immobilienwirtschaft 2017" conference, the "Internet of Energy" conference and the "Perpetuum 2018" energy efficiency award at the DENEFF conference, this is now the fourth prize for the young company, which has been shaking up the energy market with its value-added services and Smart Meter technology since April 2017.
The winning project: With kilobytes to less kWh
With its smart solution, Fresh Energy targets power guzzlers and promotes resource-conservation and the environmentally conscious consumption of electricity. The company combines the latest smart meter technology and artificial intelligence. With the help of self-learning algorithms, individual household appliances are identified by their characteristic power consumption fingerprints on which potential savings are suggested.
Customers can use a specially developed interface via mobile phone app to view their own energy consumption in real-time and thus have the opportunity to take targeted action against power guzzlers. Another plus: At Fresh Energy customers are billed monthly and only for the electricity they have consumed – savings pay off immediately with no mark-ups or additional, end-of-the-year payments. Fresh Energy offers a white label solution and data monetization-as-a-service for partners from the energy industry.