Smart technology developer Powerverse has become the latest green firm to harness emerging artificial intelligence (AI) software, as it yesterday launched a new smart energy management system that promises to cut bills and emissions for households.
The company, which is backed by solar developer Lightsource BP, unveiled its new ‘Vesta’ app, which allows customers to manage the different digital energy solutions in their homes, such as electric vehicle (EV) ports and solar panels, to access the biggest cost and emissions savings.
The AI-powered app harnesses live data, such as energy tariffs and weather forecasts, allowing consumers to autimatically shift energy-use to off-peak times, alternate between different energy sources, and identify the cheapest tariff available for a household’s level of consumption at any given time.
Powerverse estimates the approach could bring down individual bills by up to £1,000 while also cutting carbon emissions by 850kg a year.
Richard Britton, CEO at
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