Savenia Wins 2nd DOE SunShot Catalyst Award
Last Friday in SFO we won a 2nd award from the US Department of Energy’s ‘SunShot’ Catalyst Program, a prize that acknowledges the most cutting-edge ideas to transform the US solar marketplace. The company’s winning application highlighted an IT prototype of Savenia Solar Ratings, a rating label like CarFax but for home solar systems. 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 up to $100,000 from DOE to enable further development of Savenia Solar Ratings. This builds on the $25,000 in IT support received in 2014 when Savenia won the SunShot Catalyst Business Innovation Award.
Savenia Solar Ratings were launched in 2014 to help home sellers capture the full value of their 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.