Verv logo

Verv

by Verv - London Power Company · Since 2010
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ActiveAvailable globallyCloud
Quick facts
VendorVerv - London Power Company
Year launched2010
StatusActive
LocationCounty Hall, Belvedere Road London, SE1 7PB
Countries servedGlobal
Languages1
Integrations1+
Free tier
Free trial
Contact salesYES

About Verv

Verv is an energy management platform from Verv - London Power Company that helps users monitor and manage their electricity consumption. It provides real-time energy usage data, personalized insights, and smart home integration so users can make informed decisions about their energy use. The platform allows users to track their energy consumption patterns, set energy-saving goals, and receive alerts for high usage. Verv is compatible with various smart devices, promoting a more efficient energy usage environment. Key capabilities: real-time monitoring energy usage insights smart home compatibility usage alerts goal setting Best for: homeowners and tenants looking to reduce energy costs and improve energy efficiency.

Verv is a powerful and innovative energy management platform that provides detailed, real-time insights into energy consumption using a combination of proprietary hardware and advanced AI. Its core strengths lie in its ability to disaggregate energy usage at the device level and offer predictive maintenance, which is valuable for both homeowners and businesses looking to reduce energy waste and operating costs. The addition of a P2P renewable energy trading platform and climate control devices showcases its commitment to sustainability. While requiring a hardware component for full functionality and having less public pricing information, Verv offers a unique and highly effective solution for data-driven energy optimization and sustainability goals.

Pros & Cons

What users like
  • +Provides real-time, high-frequency energy monitoring and disaggregation of energy usage down to individual appliances using AI.
  • +Includes predictive maintenance capabilities for large electrical equipment, helping to prevent costly repairs and extend product lifecycles.
  • +Helps reduce energy waste and carbon emissions, contributing to sustainability targets.
  • +Offers a renewable energy trading platform that enables peer-to-peer energy sharing.
  • +Provides granular energy reporting at a device level, simplifying internal reporting and compliance.
  • +Features an easy-to-install hardware device, including smart rotary isolators for commercial use.
What users flag
  • Requires a hardware device (smart hub or smart isolator) for full functionality, which adds to the initial setup cost.
  • Some advanced features, like the P2P energy trading platform, are dependent on external factors and ecosystem developments.
  • Specific pricing information is not publicly listed and needs to be requested.
  • Relatively less known compared to some larger energy management solutions, potentially leading to fewer public reviews and testimonials.
  • Some older reviews or information on different products under the "Verv" name might cause brand confusion.

Features

Key features

High-Frequency Energy Monitoring
Uses proprietary hardware to monitor household or equipment electricity at high frequency (10kHz-1MHz) for detailed insights.
AI-Powered Device Disaggregation
Utilizes machine learning and AI algorithms to disaggregate total energy consumption and provide a real-time breakdown of energy usage by individual appliances.
Predictive Maintenance
Detects anomalies in how appliances, such as HVAC units, are performing, enabling predictive maintenance to extend product lifecycles and avoid expensive repairs.
Renewable Energy Trading Platform
A blockchain-based platform for enabling households and businesses to trade renewable energy with one another.
Automated and Tailored Energy Insights
Provides tailored insights through the Verv portal or app, helping users and businesses optimize energy usage and make more informed decisions.

Additional features

Smart Hub Hardware
A device for high-frequency energy monitoring in homes.
Smart Rotary Isolators
Hardware designed for larger electrical equipment in commercial buildings, offering predictive maintenance and monitoring.
AI Algorithms
Advanced algorithms for energy data disaggregation and anomaly detection.
Verv App and Portal
User-friendly interfaces for monitoring energy usage, accessing insights, and controlling smart devices.
Blockchain-Based Energy Trading
A platform for P2P trading of renewable energy.
Energy and Carbon Emissions Reporting
Provides reporting on energy consumption and carbon emissions for businesses.
Utilisation and Management Data
Offers data on product utilization and management directly to customers.
Climate Control Device
A recent feature using infrared technology to remotely manage air conditioning units for energy efficiency.
Board Level Energy Reporting
Provides reporting suitable for board-level review on energy strategy and performance.
API Integration
Allows businesses to integrate Verv's data into their existing systems.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
3
Billing currencies

Interface languages

English

Billing currencies

🇬🇧GBP🇪🇺EUR🇺🇸USD

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