13 May Going Their Own Way
Cleanspark, a leading outfitter of electric power micro-grids, recently said they’ve seen “a tenfold increase in residential demand over the past six months.” I’ll take that as a meaningful data point.
Eaton, an American power management company, recently told their investors that it estimates “micro-grids will be a $40 billion market by 2030, up from $9 billion this year.” Another data point.
Sunrun, which owns about 9% of the market in U.S. residential solar, saw traffic to its website jump 350% after the cold snap left millions without power in Texas last winter. More data.
Add to that the more commonly known metric that over two million homes are already equipped with solar power and a small but growing percentage are installing batteries to store power in the event of a blackout.
We could go on, but I think the trend line is clear. More and more homeowners are considering – or already acting on – going their own way when it comes to electric power.
Enginuity Power Systems will bring its upcoming E|ONE, a private home generation appliance, to market within this mindset – consumers growing increasingly tired of power outages due to weather, fire, and aging infrastructure.
Our E|ONE can serve a single home, or be integrated to serve a dedicated neighborhood at less cost to each homeowner. The E|ONE will provide electric power on demand, space heat on demand, hot water on demand – all at three times the efficiency of the existing national grid.
It begs the question: What if we lost power … and didn’t even know it? For more of us everyday, that seems to be the goal.
Jacques Beaudry-Losique | Chief Executive Officer | Enginuity Power Systems