Palmetto, a rapidly growing platform technology company accelerating the national adoption of clean energy, announced that its Mapdwell division will extend its relationship with Exelon Utilities and will continue powering Exelon’s customer-facing solar calculator, which helps customers make informed decisions about solar energy adoption.
By integrating Palmetto’s Mapdwell Solar API, Exelon will provide its 10 million utility customers — spread over Illinois, Pennsylvania, New Jersey, Delaware, Maryland and Washington D.C. — with online access to property-level solar photovoltaic potential data and analysis. By securely leveraging customers’ energy consumption profiles to provide personalized recommendations and accelerate solar adoption, the Mapdwell-powered solar calculator enables Exelon customers to learn about the feasibility, and potential cost-savings associated with pursuing solar at their address. The solar calculator provides personalized information for each of Exelon’s residential customers, estimating the number of solar panels required due to unique characteristics of the customer’s property, estimated return on investment given the customer’s historical energy usage, and potential green-house gas reductions.
“Our Exelon partnership exemplifies Palmetto’s fast-growing behind-the-meter (BTM) data intelligence and SaaS business opportunities,” said Chris Kemper, Palmetto chairman, founder and CEO. “Palmetto’s Mapdwell API can simplify the solar decision for potentially any homeowner associated with any U.S. utility. This technology is fast, accurate and helps educate consumers on their clean technology options.”
Mapdwell’s technology provides an instant assessment of any building’s rooftop potential for solar energy production and storage. Within minutes, customers can see their estimated cost-benefit analysis to determine whether installing solar panels would be worth their investment. They can even estimate the number of years it would take to earn back the financial investment, as well as the amount of carbon to be offset by their system. This technology was incubated at Massachusetts Institute of Technology (MIT), and piloted by the City of Cambridge, Massachusetts. The Mapdwell tool can map entire cities, counties and states. To date, it has mapped over 80 million buildings, earning Fast Company’s Innovation by Design Award.
News item from Palmetto