ONZO: Energy display products & services

• www.onzo.co.uk

The Challenge

In November 2006, ELEMENT ZERO_SIX partnered with More Associates Ltd in London and landed a £250k DTI Technology Programme Grant, to run a project named ECRIS: Energy Conservation through Resource - literacy and Intelligent Systems. ECRIS aimed to deliver the first high-performance behavioural energy - efficiency platform for reducing energy wastage in buildings.

It would deliver an estimated 100% carbon and energy saving over a competing product.

Approach

Since 2006, ELEMENT ZERO_SIX has been the strategy and sustainable design engine behind this venture – researching, designing and developing the product and supporting service system that became Onzo Ltd.

Onzo, a London based company, whose purpose is to empower people to live lighter and smarter in terms of their energy consumption. Onzo specialises in energy visualization technologies across all customer touch points and offers energy monitoring equipment and related services through bills and the internet.

Onzo partners with energy suppliers to create stronger two-way relationships between suppliers and energy users and increase customer attraction and retention, minimise cost to serve, and increase revenue per customer.

Result

In April 2008, Sigma, investing from the Sigma Sustainable Energy Fund II, and Scottish and Southern Energy plc (SSE) each invested £1 million in Onzo. In addition, SSE placed initial orders worth over £7 million with Onzo for the company’s energy display products and specialist data services. As part of this major order, SSE has secured exclusive rights to Onzo’s products and services covering the UK and Ireland.

Onzo will be launching its innovative energy display products later this year. With increasing awareness on the part of consumers of both the economic cost and the CO2 impact of energy consumption, we are expecting widespread consumer interest. We believe Onzo’s energy display products can help save consumers around a quarter of their home energy consumption.