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Ohmconnect Stock (OHMC)
Our electricity grid operates under the antiquated assumption that the only thing that can change is turning on and off power plants.
About Ohmconnect Stock
Founded
2013
Headquarters
San Francisco, CA, US
Total Funding
8.5M
Industries
Software, Artificial Intelligence, Data and Analytics
Ohmconnect is a software based power plant. Instead of turning on a dirty coal or gas power plant during times of peak demand, Ohmconnect has hundreds of users reduce their electricity. Best part is that instead of paying dirty gas power plants to turn on, ohmconnect can pay its users to turn down. When users sign up, they are told when to reduce their electricity. If they participate, their energy reductions can be sold into the markets as additional generation. Ohmconnect hooks into users' wifi thermostats, electric cars, and smart devices to automate these reductions. Our users are presented with a clean visualization of where their energy is coming from and where their energy is going. For each event that they participate in, they earn Ohmconnect points which can be cashed out at any time.
Ohmconnect Press Mentions
Stay in the know about the latest news on Ohmconnect
The great untapped potential of virtual power plants
pv-magazine-usa • Nov 14, 2024
Google’s Renew Home: Merging Google Nest Renew and OhmConnect for Sustainable Energy Future
thesoftwarereport • May 23, 2024
Google's Nest Renew and OhmConnect Combine to Form Renew Home, the Nation's Largest Residential Virtual ...
prnewswire • May 23, 2024
Renew Home launches with virtual power plant solution
pv-magazine-usa • May 23, 2024
Google's Nest Renew, OhmConnect combine with goal of managing 50 GW of residential demand by 2030
finance • May 23, 2024
Ohmconnect Management
Leadership team at Ohmconnect
President & CTO
Cadir Lee
Co-Founder & CEO
Matt Duesterberg
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