SUSTAINABILITY
Geo engages consumers so they can control their energy usage and, in this way, bring about a real, tangible change in energy usage"
With more than five million installations of its technology in households across the UK and beyond, smart-home specialist Geo might be Cambridge’s most successful clean tech business. Co-founders, CEO Patrick Caiger- Smith and Simon Anderson – now a non-executive director in the company – set up Geo in 2006, intent on revolutionising the smart home interface in a bid to encourage consumer engagement and a greener way of home living. Thirteen years later and Geo now offers a comprehensive suite of GEO (GREEN ENERGY OPTIONS)
products to help consumers measure and control their energy usage and carbon footprint without even having to think about it – perfect for those of us who are very keen on saving the planet but also a bit lazy. Based just outside Cambridge, the company supplies many UK energy providers and has a presence in international markets. Patrick says: “It has always been our belief that our smart energy technology solutions are a means to a very important end – engaging consumers so they can control their energy usage and, in this way, bring
about a real, tangible change in energy usage that has a positive long-term impact on climate change”. Geo’s products range from in- home displays that monitor energy usage, to Core, its ‘hybrid home’ energy management system. A hybrid home is one that uses a mixture of grid and self-generated (usually through solar panels) power, and Core brings these different sources together to make smart decisions on energy requirements, raising or reducing supply as required. This sort of system could prove particularly useful as home energy usage becomes increasingly complex, with the growing popularity of things such as electric vehicles. Now employing over 100 staff, Geo’s success was recognised earlier this year when the London Stock Exchange included it in the list of 1000 companies to inspire Britain. Businesses selected for the list had to demonstrate positive revenue growth over the last three years and outperform their sector peers. “This achievement recognised both our business success and commitment to innovation and market development,” Patrick concludes. geotogether.com
IMAGES Geo’s products include an in-home display that monitors electricity and water usage
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