Investments needed and projected project returns of the enCOMPASS project

1. June 7th, 2019
Ksenia Koroleva, Senior Researcher, EIPCM
Sustainable Places Conference

2. Energy Consumers want to save
money on energy costs but are:
- Unaware of their energy consumption
- Unaware of how they can reduce
energy consumption
Energy Consumers are unaware of
how their choices affect the
environment:
- Some savings decisions save a little
money but have a large impact on the
environment
Utility Companies:
- Develop trustworthy relationships
with customers
- More insight into energy behaviour of
customers
Unintentional Use of Energy

3. The Opportunity
The smart home market is
expected to grow from
$11,000 million in 2018 to
$27,000 million by 2020
Due to data protection
concerns, the forecast for
smart meter adoption in
Germany lags behind other
developed countries
Many Germans trust the
Stadtwerke and welcome that
profits stay in their local
community
Customers who use
enCOMPASS solution increase
energy related knowledge and
reduce energy use by up to
10%

4. Smart meters &
home appliances
Humidity,
temperature &
motion sensors
ensure comfort
Visual analytics of
energy savings &
impact
Context aware
recommendations
reduce energy use
Energy saving goal
setting &
monitoring
Gamified incentives
to develop &
maintain saving
habits
Privacy of user data
ensured
Solution – One Platform Combining:

5. Solution:

6. Bringing Intention to Energy Use
Utilities Receive:
The ability to distinguish themselves from the competition by
offering environmentally friendly services to consumers and
receiving insights on their energy related behaviors in return
End Users Receive:
Service from a provider they trust allowing them to optimize
their personal energy use in monetary and environmental value

7. Market Comparison
enCOMPASS Ecobee Nest Honeywell Anna Venstar
Self-Learning R Q R Q R Q
Context-Aware
Recommendations
R Q Q Q Q Q
Gamified Incentives R Q Q Q Q Q
Visual Analytics R Q Q Q Q Q
Potential savings 20%-25% 23% 20%-23% 20% N/A N/A

8. Goal Setting &
Monitoring

9. Visual
Analytics

10. Context Aware Savings
Recommendations

11. Gamified
Incentives

12. Our Partners

13. Our Partners (selected)
Prof. Jasminko Novak,
EIPCM
Dimitrios Tzovaras,
CERTH
Luigi Caldararu,
Set Mobile
Prof. Andrea Rizzoli,
SUPSI
Prof. Piero Fraternali,
Politecnico di Milano
Ksenia Koroleva,
EIPCM

14. Call to Action – Investment Needed to Bring
Solution to Market:
Investment
Needed
Further Research & Development Costs € 500,000
Patent Fees € 6,000
Salaries € 175,000
Server Costs & API Integration € 175,000
Marketing Costs € 80,000
Total € 936,000
• Projected Returns Begin in 3 Years
• 15% Return by Year Six

15. Projected Returns
 Annual Profit After
Operating Costs
 Annual Profit After
Startup & Operating Costs

16. Projected Returns
 Annual Profit After Startup & Operating
Costs & Investor Reimbursement
 Annual Profit After
Startup & Operating Costs

17. Projected Returns – Timeframe to Break Even
 Break Even
 Cumulative Returns
from €100k Investment

18. Questions?

19. Contact Info:
Email: eipcm@eipcm.org
Tel: +49 (030) 20 07 61 94
Web: eipcm.org