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Enervee Releases Updated Energy Score

The Enervee Score delivers market transparency when it comes to energy

Enervee has launched Version 2 of its consumer-facing energy scoring system –the Enervee Score. Used by utilities including PG&E, Con Edison, EDF (France) and Southern California Edison, the Enervee Score is part of Enervee's IDEAL Customer Platform. The Enervee Score delivers market transparency when it comes to energy, enabling consumers for the first time to easily choose the most efficient product and appliances via a 0-100 energy efficiency index applied to every product.

Results already show consumer choices can be 10% more efficient when the Enervee Score is present. The score - along with the ability to see personalize projected costs and savings – are unique features of the IDEAL Customer Platform and its consumer choice engines and are not available anywhere else in the online retail eco-system.

In Version 2 of the Enervee Score, both the highest efficiency and lowest efficiency products in more than 20 product categories are now even more visible for consumers, making it easier still to see the benefits of making the most energy-smart choice. Changes in energy-saving technology within a product category, which can lead to significant jumps in efficiency, are also now more salient for consumers as they are more visible within the score. This increased value for the consumer has the potential to further strengthen the documented and verified effect of the Enervee Score to nudge consumers to buy more efficient. In addition to increased consumer benefits, Version 2 of the Enervee Score also provides manufacturers with stronger brand and marketing benefits of delivering high efficiency products to the market, on top of energy-saving and engagement benefits for energy companies.

Results from the first independent assessment of PG&E's IDEAL Marketplace show that PG&E’s Marketplace nudged purchasing decisions through the end of 2017 that will result in 159-435 GWh gross lifetime electricity savings and 8.2-22.6 million therms natural gas savings. More importantly from a policy perspective, 75% of the estimated electric savings and 89% of the gas savings can be attributed to the PG&E Marketplace alone, without any financial incentives, resulting in cost-effective savings. Based on a simplified method assigning all costs to electricity savings, gross lifetime electricity savings were achieved at a cost of $0.004 -$0.012, with the gas savings as a bonus.

Consumer interest in utilities providing expert guidance on energy-smart buying decisions is high: 60% of U.S. consumers are looking to their utility for buying help. This increases to 70% when it comes to advice from their utility about buying an electric car (EV). Yet, only 25% feel their utility is doing enough on appliances and 18% on EVs. Consumer interest in an online platform that allows for product-specific comparisons on energy efficiency is also high: over 90 percent of consumers would like to be able to do this - both for appliances and EVs (Enervee New Energy Consumer Tracker, July 2018).

 

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