Evolve Energy Makes Energy Management Automatic in Texas with New AI-Based Platform
November 5, 2019
Evolve Energy sells wholesale energy and enables consumers to optimize energy use, decrease carbon footprints and save money seamlessly.

Houston, TX (November 5, 2019)
-- Today, Evolve Energy, a next-generation energy company, launched its app (available on
iOS and
Android) in Texas to provide access to wholesale electricity prices and optimize energy use for residents across the state. Evolve Energy is currently participating in the Capital Factory accelerator program and is a recent graduate of URBAN-X, the MINI-backed accelerator for startups reimagining city life.
By combining wholesale electricity prices with an AI-powered platform that seamlessly connects to smart home devices, Evolve Energy allows consumers to manage their energy-use effortlessly, while unlocking savings of up to 40% off of electricity rates depending on how and when they use electricity. Users simply pay a flat $10 monthly fee and input general preferences, such as cost, comfort or carbon, to put Evolve Energy’s industry-leading AI platform to work and become more energy efficient, environmentally-friendly and cost-effective with ease.
“The retail electric industry is historically opaque. We want to change that -- one house at a time -- and serve as a trusted advisor to our customers to help them understand that they can make better choices about their energy consumption and save money in the process,” said Evolve Energy co-founder and CEO, Michael Lee. “We’re thrilled to be launching today in Texas, bringing significant electricity savings and clean energy to consumers across the Lone Star State with our industry-changing technology.”
Through their AI platform, Evolve Energy can identify exactly when wind turbines are spinning and when the sun is shining on solar panels in west Texas, causing more green energy to flow into the grid. These times of the day also often have the lowest cost wholesale power. With these insights in hand and the ability to seamlessly integrate into smart devices, the company is able to provide customers with more energy when it is green and also decrease energy use when prices are highest, ultimately enabling a true carbon footprint reduction.
Evolve Energy is enabling customers to pioneer a more sustainable world beyond Renewable Energy Credits and carbon offsets while saving money at the same time. As a result, saving carbon and money is no longer mutually exclusive. In the near future, Evolve Energy hopes to provide smart prepayments, which analyzes and forecasts energy usage to protect customers against rate spikes and ensures a consistent price.
“Evolve Energy is the next iteration of at home convenience that truly puts people first, enables significant energy savings and positively impacts the environment simultaneously,” said Nest co-founder and Evolve Energy investor, Matt Rogers.
“I am excited to be a part of Evolve Energy’s journey and to see the many possibilities the company can create in energy efficiency for consumers everywhere.”
40 million U.S. homes will have a smart thermostat by 2020, according to
Park Associates. Mirroring growing consumer interest in smart home products and preference for convenience, demand for smart thermostats also continues to increase due to its significant economic and environmental benefits. With Evolve Energy, consumers can potentially save hundreds of dollars on energy and significantly reduce their carbon footprints. The platform is compatible with WiFi connected thermostats from Ecobee and Honeywell with Nest coming soon.
Evolve Energy is currently available in deregulated markets throughout the state of Texas, with plans to expand to new cities soon. In addition to their residential launch, in the coming months Evolve Energy will also offer a similar product for Texas commercial and industrial customers. The app can be downloaded via the
Apple App Store or
Google Play Store
and is compatible with
iOS
and
Android
systems.
About Evolve Energy
Evolve Energy is a next-generation energy company, combining wholesale electricity prices with the latest emerging technology and AI platform from Silicon Valley to help customers save big on energy, while reducing carbon footprints. Evolve Energy can save customers up to 40% on electricity rates when combining wholesale power prices, their easy-to-use AI powered app, and unique home energy storage capabilities. Being green and saving green has never been so effortless. Savings can vary depending on how and when they use electricity, go to evolvemyenergy.com/save to find out exactly how much you could have saved with Evolve Energy.
Evolve Energy is currently available to residents in Texas. Customers can check the app to see if Evolve Energy is available at their location. Learn more about Evolve Energy at
evolvemyenergy.com.
Media Contact:
Chris Molineaux, Director of Marketing
Phone 844-386-5832
Molly Hendriksen, BerlinRosen
Phone: 646-200-5303

With the Coronavirus crisis, we see more and more of our customers continuing to work from home for extended time periods - and staying home means using more electricity. Many companies are now reporting that they do not plan to re-open offices until 2021, and some companies have even made working from home permanent. At Evolve Energy, our goal is always to help use less electricity and save money wherever you can. Here are 15 tips to help you save money while spending more time at home. Sync your smart thermostat with the Evolve Energy app: When you do this, we will automatically adjust your AC usage around price changes, saving you money in the long run. Adjust your cooling schedule: Even turning up the temperature a degree or two can make a big difference with how much you spend on electricity. Switch your fan direction: Most ceiling fans have a switch that changes the direction they spin. In the summer, make sure you run the fan counterclockwise so it blows air down. This can allow you to get by with turning up the thermostat a couple of degrees and stay cool while saving costs on electricity. Time washing and drying: These appliances use a lot of electricity. Check the Evolve app electricity price forecast and find the lowest priced time of the day to wash and dry your clothes. Mornings are typically best. Try washing your clothes using cold water: Your water heater uses quite a bit of electricity every day, using cold water can cut down on the electricity used to keep hot water on hand for your washing machine, allowing you to save a bit more on electricity costs - plus it is more gentle on your clothes. Lower the temperature on your water heater: If your water heater is set above 120°, try lowering the temperature a bit. Higher temperatures use more energy to keep the water on hand at the right temperature when you need it. Clean the lint trap: Cleaning the lint trap after every load on your clothes dryer can help you save more and electricity, by allowing your dryer to operate more efficiently. Run full loads of dishes and laundry: Fuller loads = less loads. Less loads = less electricity use. If you’re able to get more from the cycles you’re already running for both the dishwasher and your clothes washer / dryer, you are using less energy and intern save money. Change your AC filters: Replacing your AC filters regularly can help increase the efficiency of your HVAC system and will save you money on your electricity costs. Use energy efficient lightbulbs: LED bulbs do cost more to buy, but they cut down on electricity cost because they are more efficient - plus they last a really long time! If you are in Dallas or Houston, send us a message and we will share a link with you for discount prices on LED lightbulbs. Try using a toaster oven: Electric ovens take a ton of power to heat up. A small toaster oven requires substantially less electricity than a large conventional oven and puts out much less heat into your home, allowing you to use less electricity to keep your home cool. Grill outside: The grill and summertime go hand in hand, and also keep your house cool instead of cooking inside. Try a smart plug: An inexpensive smart plug can be used to turn devices on and off and can easily be scheduled to match your daily routine. Automatically turning things on and off with a smart plug eliminates forgetting to do so manually, and will reduce your electricity consumption. Track your usage: Use the Evolve Energy app to track when and how you use electricity to help you become more aware of your usage, allowing you to make additional changes to help you save on energy costs. Turn on push notifications: Make sure you have push notifications enabled in the Evolve app AND in your phone settings. Doing so, you will receive notifications when prices are higher to help you use less electricity during those time periods. Need help setting this up? Just give us a call or chat with us on our website - we’re here to help. Want even more money saving tips? Check out our April blog post here .

A smart thermostat is not necessary to save money as an Evolve Energy customer. When you switch to us you get the really low wholesale electricity rate, which is typically only available to the largest factories and businesses. This low rate is significantly cheaper than typical retail electricity rates offered by many of our competitors like Reliant and TXU. In fact, just switching to wholesale electricity can save you up to 20% off of electricity bill, compared to the average green energy plan. If you do have a smart thermostat, syncing it with the Evolve Energy app can save you even more. Combined with the wholesale electricity rates, customers who enable their smart thermostat and other devices with us, can save up to 40% off of their electricity costs. This works by automating your electricity usage around price changes. Wholesale electricity prices change every five minutes on the wholesale market. When these prices vary, we can simply pause cooling your home if the cost for electricity exceeds an amount that you select - allowing you to avoid high cost price “spikes” and only using electricity when it is cheap. By doing this, you are automating your smart thermostat to save money off of your electricity costs automatically. Did you know, typically during the summer 90% of the average Texans electricity bill is from AC use? But automating your smart thermostat to save you money when prices go high - you are also substantially increasing your ability to save money during the hottest summer months. No smart thermostat? No problem. If you are in Houston or Dallas you can click one of the links below to save $50 off the price of a smart thermostat. 

We’ve all heard the phrase there’s no such thing as a free lunch. The same adage is true when looking at electricity rates. There’s no such thing as free nights, or free weekends - consumers ultimately pay for them one way or the other. Many companies throughout Texas offer special electricity plans that include “your highest usage day is free,” or “free nights,” or free weekends.” At first these may seem like a good deal since most residential electricity consumption occurs during nights and weekends, when we are home (unless you are working from home like most of us are right now). Spoiler alert - many times these plans are actually very expensive! Here’s where things get interesting… nights and weekends are often the same times that wholesale electricity rates are super low. In fact, Houston Evolve Energy customers have benefited from 30+ free intervals this month alone. On average, Evolve customers pay less than two cents per kilowatt hour for their electricity at night. Let’s look at a few popular night and weekend plans, first TXU’s “Free nights, and solar days” plan. After signing a 12 month contract your rate comes to a whopping 17.2 cents per kilowatt hour. Unhappy with that rate after signing up? It’ll cost you $150 to pay their cancellation fee. Hopping on the free nights bandwagon, Direct Energy offers a free nights plan with 12 hours of free electricity, and charges 16.9 cents per kilowatt hour daily between 9 AM and 9 PM. We decided to also take a look at Reliant’s most recent offering, “pick your free electricity,” giving you the option to pick a plan that’s right for your home, choose from: “truly free weekends, truly free nights, truly free seven days” and plenty of other confusing plans made to look like they will help you save on electricity costs. However, the Electricity Fact label again tells the truth. The Reliant “truly free nights 12 plan,” offers a whopping daytime rate of almost 20.9 cents per kWh after signing a 12 month contract. Even Houston Chronicle wrote an article about Reliant’s free nights plan, “When free really means more expensive.” citing how expensive the electricity rates were associated with one of their older plans. Read the article here . With Evolve Energy, you get 100% renewable energy, and super low wholesale rates combined with the ability to truly decrease your carbon footprint - plus no contracts or cancellation fees. Don’t get stuck in a lengthy contract with high fixed rates - choose Evolve Energy, and save.

At Evolve Energy, it has always been our goal to make it easy to care for the environment. We do this by empowering our customers to make a direct impact on their carbon footprint using next-generation technology, all while saving money on electricity. Evolve Energy is the only electricity company that gives our customers real-time visibility into the type of electricity that is powering their homes at any given moment, by showing the current carbon density of the grid in their area.

Evolve Energy customers can save up to 40% off of their electricity costs just by unlocking the power of their smarthome combined with wholesale electricity rates. Read below to learn a few additional tips on how to shave additional costs off of your electricity bill. Right now many of our customers are working from home due to the Covid-19 pandemic. Don't worry, more time at home does not have to mean higher electricity usage and ultimately higher utility bills. We are here to help you combat that, while everyone is working from home. Adjusting the thermostat up just a couple of degrees can make a huge difference on the amount of excess energy that is used to cool your home. Also using a ceiling fans, and circulating air throughout your house can also help to save on energy cooling costs, especially as temperatures rise across Texas. Keep in mind, that our app already decreases your electricity use when prices spike - helping you to save even more if you connect your smart thermostat to our app. Spending more time at home also means using the kitchen more and increasing use of your dishwasher. Check to see if your dishwasher has an energy saving mode to help you cut energy costs even further. Now that the weather is nice, grilling outside uses less energy than an electric range or oven - and doesn’t heat the house up, a win-win! Microwaves, crock pots, and pressure cookers also typically use less electricity to cook a meal then an electric powered range or oven. Looking for more great tips? The Department of Energy has put together this infographic and the below ten tips a few years ago to help you save even more.

One of the most common questions we get asked is, “how are you different than Griddy?” In this blog post we set out to answer just that. 1. Evolve is 100% Renewable First things first, Evolve Energy is 100% renewable. This means that for every kilowatt hour of electricity that you use through Evolve Energy, we purchase a renewable energy credit to offset your usage. This credit represents energy generated by renewable energy sources like wind or solar, giving you the ability to use renewable energy without having install solar panels on your house. At this time, Griddy does not have a renewable product. 2. Built in Smart Thermostat Integration Our app includes native, built-in support for Honeywell and Ecobee smart thermostats (more coming soon)! Unlike Griddy, there is no need for complicated third-party services like IFTTT to integrate your smart thermostat. Our direct integration allows you to set up your account and easily connect your thermostat with one touch right in the app, allowing us to automatically save you money when electricity is most expensive. This integration also allows us to shift your electricity usage around carbon intensive periods of the day. Visit our app page to learn more about what the Evolve Energy app can do for you. 3. Carbon Density The electrical grid is powered by many different types of fuel - coal, solar, wind, and even diesel fuel power the grid at various different times. We have the unique ability to show you type of power flowing into the grid and powering your home at any point in time. This is shown as the “carbon density” on the home page of our app. Lower numbers mean the grid is being powered by renewable resources, like wind. Higher numbers mean the grid is being powered by dirty fuels like coal or diesel. Furthermore, we are able to help you shift your electricity usage around periods with a high carbon intensity allowing you to truly reduce your carbon footprint by using more green energy and less high carbon energy. Evolve is the only electricity company that gives you access to this type of information, enabling you to truly reduce your carbon footprint and make for a greener tomorrow. Click here to learn more about our carbon savings capabilities. 4. Cash for Solar Power Got solar panels? You are “in the money” with Evolve. We offer a direct buyback for any overage that your solar panels produce (you can even ask us to send you a check for that overage), it’s really that easy. If your panels produce more electricity than you use in a given fifteen minute interval, we will automatically sell that overage back to the grid at the real time wholesale rate. If prices spike during this time period, you get the benefit of that higher price by selling your electricity back to the grid at that higher rate. A true win-win. Interested in going solar? Talk with our solar partner over at Sunshine Renewable Solutions . Evolve Energy is a new kind of electricity company - combining the pulse of tomorrow's technology with up front savings on electricity today. To learn more about Evolve, click here .