Schneider Electric acquires WattBuy home-electrification software platform

Schneider Electric is expected to merge WattBuy with EnergySage and Qmerit to provide an end-to-end experience for residential solar, EV integration, home electrification, and related services.

From pv magazine USA

Schneider Electric, a global energy management company, said it has acquired WattBuy, a software company providing personalized home energy insights and electrification solutions.

Schneider Electric will merge WattBuy with its subsidiaries EnergySage and Qmerit to expand home electrification and energy storage services. Together, the businesses aim to deliver an end-to-end customer experience for home energy upgrades, including rooftop solar, battery energy storage, EV charging, and home electrification.

WattBuy has an API-driven approach and has partnered with brands like Redfin, Veterans United Home Loans, Opendoor, and more. he current management team, chief executive officer and co-founder Naman Trivedi will continue to lead WattBuy’s operations.

“Electrification is the defining opportunity of the next decade — and it starts with empowering consumers,” said Jaser Faruq, senior vice president of innovation at Schneider Electric. “WattBuy’s personalization capabilities and intelligence engine are the perfect complement to EnergySage’s mission of transparency and choice.”