cleantech future conf - 11 nov 13
TRANSCRIPT
= 22.3 hours/month
= 16,000 minutes/year
Miley Cyrus, The Situation, Cat Videos
Energy Usage, Saving the Planet
= 7 minutes/year
= more than you spend eating ALL YEAR
Peak Energy Reports
Get people to use less energy on peak days, or the hottest days of the summer. And we pay them for each kWh they save.
Triggers
Loss Aversion
Norms
Rewards
Autonomy
Behavioral Science
Definition: An extensive trove of knowledge about how people really behave and why they behave the way they do.
Opower is running the largest behavioral science experiment in the world
Increased customer trust
76% 68%
48%
68%
55%
38%
0%
25%
50%
75%
100%
Trustworthy sourceof information
Wants to help mereduce my energy
use
Wants to help mesave money
Treatment Control
Impact 49% of JD Power score Consistent impact across 30K interviews at 24 utilities
Average Steady State Savings = 1.5 – 3.5%
Months since program start
Predictable energy savings
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
6 12 18 24 30 36 42
Results measured and verified by independent third parties
“This is a message from BGE. During the
Wednesday, July 10th Savings Day, you earned $2.75 for reducing your
energy use. The average-saving home earned $3.75
more than you.”