I am sure many of you have heard of Earth Hour where cities worldwide participate in switching off lights for an hour. Many people want to adopt a ‘greener’ lifestyle and save more energy, but for a lot of us, if can be difficult to know where to begin.
Software-as-a-Service (SaaS) startup Intraix aims to solve this real world problem. It is a low-cost home energy management system that helps reduce energy consumption for residential households and small businesses. Co-founder Bryan Lee told us that the team understands that people are aware of climate change and they want to play a part in reducing their energy consumption. However, they have no idea on how to approach this issue. Current solutions on the market are far too expensive and impractical for many households.
Bryan elaborates,
The magic lies in our data analysis algorithm — Green Voices. It analyzes the main energy metering data to derive appliance-level energy breakdowns without incurring hardware costs of installing smartplugs at individual appliance plugpoints. Households can now enjoy up to 60 percent cost savings as compared with the tradition Home Energy Management System (HEMS) strip and enjoy an affordable HEMS at home.
Intraix further incentivizes users for every dollar of electricity they save. With these incentives, they gain green credits that can be used for appliance discounts and utility rebates.
The Singapore-based startup was founded last Children’s Day by two NUS Overseas Colleges (NOC) alums Bryan Lee and Darrell Zhang. Previously Darrell co-founded another company, Optiras, which deals primarily with building energy efficiency solutions. It aims to help buildings reduce their energy consumption through energy analysis. As for Bryan, he used to be an electricity specialist with a local power generation company.
At present, they have three pricing plans: Free, Pro, and Enterprise Versions. They are also currently testing with a group of beta users and are looking to expand to commercial buildings and retail malls in the next six months.
You can also check out their video below: