The folks at WattzOn, a start-up named “Best Idea 2008” by Businessweek, believe that climate change and fossil fuel scarcity are global problems, and that individuals will provide the solution. Through a free online tool, WattzOn helps people answer the question of how much energy it takes to fuel every aspect of their lives, and factors in community input to formulate the answer.
We’ve formed a partnership with WattzOn to help consumers more easily quantify, understand and reduce their personal energy consumption. We were drawn by the similarities in WattzOn’s approach – leveraging individual contributions for the benefit of the community – and the fact that this is just a really cool, important idea.
Through this partnership, Wesabe members will be able to see both the financial and environmental impact of their spending. By tapping in to WattzOn’s knowledgebase, you’ll be able to see your purchases in both dollars and watts. You’ll also have access to WattzOn’s wealth of comparison tools (How much energy do I use compared to my peers? To other countries? How large of a solar panel would be needed to fuel my life?) and recommendations.
Here at Wesabe, we’re constantly working to make your financial data more than just a set of retrospective numbers shown in a few pretty graphs. Our Cutback tool, for example, identifies trends in your spending and shows you ways to save. This partnership will give you a whole new lens through which to view your purchases and lifestyle.
We plan to launch the integrated Wesabe/WattzOn application at the March O’Reilly ETech conference in San Jose (and will probably have something for you to check out in Wesabe Labs prior to then). In the meantime, we’ve created a few preview screenshots to give you an idea of what a dual financial and environmental view of your energy usage could look like:
We’ll be helping WattzOn more accurately quantify how much consumers spend on utilities by letting them use our Automatic Uploader to pull this data directly from individual bills, similar to the way we use the uploader to pull bank and credit card data. This will help WattzOn users eliminate the guesswork and get an exact picture of their home energy usage trends.
You can learn more about WattzOn and check out their free online tool here. We look forward to working with and being inspired by the WattzOn founders, MacArthur Fellow Saul Griffith of Makani Power and Raffi Krikorian of Synthesis Studios.