Member Article

Newcastle’s Utilitywise secures European patent for energy management system

Newcastle-based Utilitywise plc, an independent utility cost management consultancy, has been granted a European patent for Edd:e, the energy and water consultancy’s innovative energy monitoring system which helps customers analyse energy use, completing the next step in the global patenting process.

The patent, which was granted in the US last year, has moved one step further with the latest European endorsement, officially recognising Edd:e as a technical invention that benefits the industry in a new and innovative way.

Edd:e offers businesses a measurement and verification tool that helps them make informed decisions about the actions they need to take to save energy. On average, it shows Utilitywise customers ways to reduce energy consumption by 27 per cent, and by as much as 35 per cent in some cases.

This development is the latest addition in a line of new projects to showcase Utilitywise’s strong track record in energy monitoring, as it follows on from the recent acquisition of technology firm t-mac Technologies Ltd.

Using t-mac’s technology for monitoring and controlling commercial energy usage, Utilitywise’s energy management team can help businesses better understand all aspects of energy usage.

Geoff Thompson, Chief Executive Officer at Utilitywise, said: “We are incredibly proud to secure this European patent because it demonstrates Edd:e provides real-world energy savings and offers a unique tool for the marketplace.

“As businesses face increasing energy costs, it is more important than ever to ensure energy usage is being monitored carefully and our management system will allow customers to immediately identify any trends, anomalies or unforeseen changes in energy consumption, while being quick and easy to install.”