Savenia Wins DOE ‘SunShot’ Catalyst Competition
Today we are happy to report that Savenia Labs has won the US Department of Energy’s ‘SunShot’ Catalyst Competition for Business Innovation, a prize that acknowledges the most cutting-edge ideas to transform the US solar marketplace. The full press release is here.
Our winning application highlighted Savenia Solar Ratings, a rating label like CarFax but for solar homes. Savenia Solar Ratings help home sellers and buyers more easily understand and unlock the monetary value in solar systems with innovative rating labels and marketing materials.
Savenia will receive $25,000 worth of support from a DOE-provided software developer to enable further development of Savenia Solar Ratings.
“We want to thank all of our supporters that provided early proof of concept for Savenia Solar Ratings,” said John Jabara, Founder of Savenia Labs.
“This award is a big vote of confidence for Savenia’s ratings platform, and builds further on their success after rating homes in 6 states,” said Veronique Marier, Executive Director at Bethesda Green, a Mid-Atlantic regional hub for sustainability and new business innovation.
Savenia Solar Ratings were launched in 2014 to help solar homeowners put a value on solar systems when selling. Savenia Solar Ratings are part of a platform of Savenia Home Ratings that help unlock the value of various home efficiency upgrades, so sellers can differentiate, sell faster and capture more value. Savenia has rated homes in 6 states, including the solar system on The White House.