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Oakland-based company that helps residential customers cut energy costs by reducing electricity use during peak demand periods.
Founded in 2013 in Oakland, US, OhmConnect, Inc. runs a demand response program that alerts home users when energy prices rise and rewards them for cutting usage, working with utilities such as PG&E, SCE, SDG&E and Con Edison. Its customers are mainly in California and New York. In February 2022 it raised USD 55.00 mn in Series D funding co-led by ClearSky and TELUS Ventures, with backing from Carrier Corporation and Citi Ventures.
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