Bussiness Model
We’re the world’s first fee-based subscription company that plans to offer residential and commercial customers free thermostats that will operate exclusively on our cloud server systems. We’ve chosen this business model to create a long-term, recurring relationship with access to our customers further needs. Our unique business model offers our technologically advanced energy-saving thermostats for free, making them more appealing to hesitant customers who can’t afford hundreds of dollars to upgrade their thermostats. Additionally, our incentive program has a full-life warranty on all our devices to instill confidence in our customers. The largest incentive to our customers is rebates for customers who couldn’t reach the minimum expected 15% energy savings while operating their systems with our suggested saving guidelines. Comparisons will be made of customers previous years power consumption on the anniversary date of sign-up for each recurring year, determining if a rebate is warranted. Rebates will be calculated in terms of K.W. electric, therms of gas, and B.T.U. per hour. Run times of their system settings are stored on our cloud servers for purposes of reporting to customers on how well they’re saving energy.
