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Cambridge, Dec. 2, 2020: geo (Green Energy Options), the Cambridge based smart energy specialist, and EO Charging, the electric vehicle charge-point and charging software developer, have announced a partnership to deliver a smart charging solution that integrates with energy smart meters in the home.
The two sustainability focused industry leaders aim to give customers a greater level of control and visibility over both the carbon impact and cost of charging their electric vehicles (EVs).
Patrick Caiger-Smith, Executive Chairman of geo said: “geo’s mission is to create a sustainable future where every household is able to manage its carbon footprint without even having to think about it. To do this, we’re
progressively putting householders in control of their energy use through engagement, automation and the intelligent use of data. It’s clear that the integration of EVs into whole home energy management is intrinsic to
this and we see this partnership with EO Charging as a logical and important step.”
geo accesses and analyses highly accurate, real-time carbon footprint, consumption and cost data and uses that data to provide actionable insights and automated control of key sources of energy use and generation in
and around the home, that are critical to managing the impact of climate change. As flexible energy sources become increasingly important and whole ‘Home Energy Management systems’ (HEMS) become the norm the
geo & EO Charging partnership will play a pivotal role in integrating the rapidly expanding population of EVs with the rest of home.
Integrated with the home’s smart meter and using geo’s analysis and control capabilities, the geo & EO Charging solution automatically recognises the householder’s electricity tariff and ensures that their EV is
charged at the most carbon- and cost-effective time.
The two companies’ capability applies to all current and future tariffs and automatically balances cost and carbon reduction with ensuring there is enough charge in the car for when it’s needed 1 . For homes equipped with solar panels, the system even ensures that the use of free solar energy for charging is optimised, only charging the EV when the solar feed cannot create a bigger financial or carbon reduction impact elsewhere in the home.
Charlie Jardine, CEO of EO Charging said: “Enabling customers to manage and monitor their energy usage when charging a car is critical for the mass adoption of electric vehicles. Our vision is to design smart energy technologies, starting with electric vehicle chargers, that can integrate with solar, storage and smart home devices. This partnership with geo fits perfectly with that strategy and we’re excited to be able to deliver this
enhanced visibility and control to our customers.”
The capability introduced by geo & EO Charging’s partnership means that Energy Retailers will be able to design and offer a wider range of time of use tariffs specifically designed for EV users without making the use
of those tariffs complex for the user, making EV ownership more accessible, more climate-friendly and more cost efficient and offering more choice to customers.
As the energy industry moves towards dynamic half-hourly pricing schedules which track electricity market supply and demand, the geo & EO Charging solution ensures that homeowners can fully exploit time of use
tariffs, which will in turn play a key role in balancing the use of renewable energy to reduce CO2 emissions, reduce the cost to taxpayers of extending and reinforcing the electricity grid and ultimately reduce the long
term cost of energy. The new system aims to remain future proof by tracking emerging standards for Demand Side Response, where home energy loads can automatically be flexed up or down to further reduce energy costs, without impacting the household.
About geo: geo is the leading supplier of in-home displays to the UK Smart Metering programme and has deployed +6 million units to date. The company aims is to create a sustainable future where every household
is able to manage its overall consumption and carbon footprint, without even having to think about it. A recipient of the Queen’s Award for Innovation, geo combines its smart energy display, control and automation
capabilities with leading edge data science, AI, cloud, firmware, UX, UI and customer insight.
About EO Charging: EO Charging (EO) is a leading technology solutions provider in the electric vehicle sector. Designing and manufacturing electric vehicle charging stations and cloud-based charge-point management software for fleets, homes and destinations at its headquarters in Suffolk, United Kingdom, EO also provides
installation services and ongoing operations and maintenance.
Founded in 2015, EO’s technology is used by many of the world’s biggest businesses and fleet operators and it now distributes to over 30 countries around the world. It aims to become the global leader in charging electric
car and van fleets.