Smart Metering for a Gridless Energy Market
As smart metering penetration on the grid is projected to soar past 63% this year, only 0.5% of homes and businesses that rely on propane and heating oil have a connected monitor. With americans spending more than $100B on these truck-delivered energy sources annually and 3% running out of heat due to the logistical challenges with the current approaches, a significant portion of the population are missing out on the efficiency and reliability that only smart metering can provide. Amos Epstein, CEO of Tank Utility, highlights why the delivered fuel market is a perfect fit for the IoT.
Amos Epstein is the CEO and co-founder of Tank Utility, a company created to fundamentally change the way delivered energy is managed. Since his time using smart meter data to improve grid reliability at EnerNOC in 2008, Amos has brought several connected device products to market as CTO and co-founder of SwayMarkets as well as Director of Product for Banyan Water and Kwicr.