5 TWH Our Thinking

We’ve now saved 5 terawatt-hours. That’s enough energy to power New Hampshire for a year.

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Our Thinking

We’ve now saved 5 terawatt-hours. That’s enough energy to power New Hampshire for a year.

  • By Aaron Tinjum
  • July 22, 2014

Today, we’re thrilled to announce that — in partnership with our 90+ utility partners — we’ve now helped utility customers save more than 5 terawatt-hours (TWh) of energy! 

5 TWh of savings — equivalent to 5 billion kilowatt-hours — is more energy than the Hoover Dam produces each year. And this most recent terawatt-hour of savings is our fastest energy efficiency achievement yet.  

In February, we surpassed 4 billion kilowatt-hours of savings, which could power all of the homes in San Francisco for a year. But, just 5 months later, what’s cooler than saving enough energy to power a US city for a year?

Saving enough energy to power an entire US state. With 5 TWh, we’ve now saved enough energy to take all 1.3 million homes in the Granite State — New Hampshire — off the grid for a year.

NewHampshire-06

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Our Thinking

3 things utilities should know about millennials

  • By Aaron Tinjum
  • July 21, 2014

Much has been written about the millennials.

Why? Because millennials — those born between 1982 and 2003 — will make-up one-third of the U.S. adult population by 2020 and 75 percent of the workforce by 2025. That represents a huge economic shift in consumer preferences.

Recently, the Brookings Institution released a working paper that sheds light on the tastes and attitudes of the millennial generation. The paper — How Millennials Could Upend Wall Street and Corporate America — examines the broad characteristics of millennials. But, as John Banks of Brookings notes, the study also offers a few specific clues as to how they will impact the utility industry. 

Based on the Brookings Institution’s analysis — as well as some other industry research — here are three things utilities should know about the next generation of utility customers: millennials. 

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Our Thinking

Opower’s Thomas Kramer is Washington’s CFO of the Year

  • By Casey Davis-Van Atta
  • July 18, 2014

Thomas-Kramer_sizedWho’s your favorite Chief Financial Officer?

For us, the answer’s easy: Thomas Kramer. TK. Opower’s award-winning, IPO-driving, Norway-hailing financial guru who’s kept us growing steady since the day he walked in the door.

We’re proud to report that Washington agrees. Yesterday, Thomas was named CFO of the Year by the Washington Business Journal.

We caught up with Thomas to hear what the award means to him, how he got here, and where he sees Opower going next.

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