Fundamentally, they were curious about whether some of the problems facing the aging electric grid could be solved using approaches that enable communication networks like the Internet.
The US Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) program selected and funded their approach with $2 million as one of the most promising new technologies to dramatically transform the electricity grid of the future. In order to bring their cutting-edge solutions to market, they incorporated Packetized Energy in 2016. Our software and hardware solutions have been developed out of published research and development, and we hold a growing number of patents.
Since then, Packetized Energy has been awarded an additional $3 million in Federal research funding to continue to commercialize innovative solutions to enable energy flexibility.
In 2019 we were chosen by CB Insights as a Gamechanging Startup, and in 2020 we were selected by the SBA as Vermont’s Microenterprise of the Year. A growing number of utilities use our Nimble® energy flexibility platform, and a growing number of smart energy device manufacturers are connecting devices to our platform.
We serve the electric utility industry and its customers with our Nimble® software platform and connected hardware, making energy flexible and responsive to real-time grid and market conditions. Our solutions unlock existing grid resources such as EV chargers, smart thermostats, heat pumps, water heaters, and more, to provide energy that is clean, affordable, and easy to use.
We believe that energy in the future should be clean, affordable, and easy to use. Our company was founded to enable the energy flexibility essential for a clean energy future.
Clean: We want to live in a world that makes smart choices about our energy sources, preserving our planet for future generations. We want people, regardless of where they live, to have the ability to choose clean energy sources to meet their energy needs, including for heating and transportation.
Affordable: We want to enable people to access energy as cheaply as possible and shield them from high prices caused by avoidable market fluctuations.
Easy to Use: We want to empower utilities to manage the grid of the future without complicated energy management schemes. We want to empower customers to make smart energy choices without the burden of ongoing usage decisions.
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1 Mill Street, Suite 110, Burlington, VT 05401
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802 . 448 . 4845