Shifted Energy Revenue and Competitors

Shifted Energy was formed in 2016 to focus on the integration of renewables through equitable transformation. We've developed, tested and perfected our patent pending solutions to help utilities throughout the world stabilize their grids while accelerating the integration of intermittent wind and solar power generation. Crucially, our platform engages hard-to-reach communities who can't access rooftop solar by targeting renters. Shifted Energy provides the link between disparate populations, so we can all work together to build a sustainable future. Shifted Energy converts electric water heaters into rapidly scalable, efficient, and maintenance free flexible demand response assets. There are over 180,000 electric water heaters in Hawaii and 600 million throughout the world. These hidden “batteries” can absorb massive renewable generation to shift loads and dramatically decrease demand during peak hours. Instead of using precious electricity to heat water during peak demand times, utilities can use the latent storage capacity in water heaters to dramatically decrease their peak energy demands. This enables grid operators to delay or even forego costly upgrades to peaking plants, transmission infrastructure, or other legacy assets to instead focus on the integration of renewables.