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Veteran-owned Aussie energy tech startup, EnergyFlex, emerges from stealth mode

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EnergyFlex, an Australian veteran-owned energy analytics, and renewables education company, today announced the launch of its energy management app designed to help households and businesses save on energy costs, reduce their carbon footprint, and benefit from the renewable energy transition.

Powered by Consumer Data Right (CDR)-protected smart meter data, EnergyFlex, a first-of-its-kind solution in Australia, helps energy consumers become Renewables Ready by changing the timing of their energy use to align with renewables and lower their energy costs.

Free-to-use, EnergyFlex calculates a rating out of 5, providing a clear measure of a business or household’s renewable energy use. A low rating indicates higher fossil fuel reliance, while a higher rating reflects greater use of renewables from the grid or on-site electricity generation assets.

Co-founded by former Royal Australian Air Force (RAAF) veterans Garry Harding and Craig Phasey, EnergyFlex has been several years in development, including six months of real-world testing.

“EnergyFlex enables anyone to transform their energy usage into an asset, rather than a liability, by changing the timing of their energy use,” says Garry. “We bring these capabilities to any size or style of consumer – for free – helping them think differently about sustainability, futureproof their operations in an evolving energy market, and become Renewables Ready.”

Testing by Beefy’s, a bakery on the Sunshine Coast, resulted in an 18 per cent reduction in annual energy bills, a 40 per cent reduction in demand charges, and emissions reductions of 23 tonnes. The bakery increased its EnergyFlex Rating to 3.3, from 3.1, indicating an increased use of cleaner, cheaper renewable energy.

The lead investor in EnergyFlex is Glenn Keys AO, Founder and Executive Chair of health services provider Aspen Medical.

“I have invested in EnergyFlex because it’s one of the most logical approaches to climate change that I have seen. The concept of aligning energy use to the inevitable changes that will come from the transition to renewables – and then creating a rating that measures that alignment – is not only smart but inspired.  EnergyFlex makes it possible for everyday consumers to take climate action at a personal level, rather than wait for others to address it,” said Glenn Keys.

EnergyFlex has entered into a referral agreement with the Commonwealth Bank of Australia (CBA) to empower CBA’s small business customers to embrace the renewable energy transition, improve their business resilience and viability.

Available through CBA’s award-winning Sustainability Action Tool (SAT), EnergyFlex gives CBA customers another tool to help them along their sustainability journeys, understand their carbon footprint, and invest in sustainable options for their businesses, for free.

Download the app on the Apple or Google Play stores and sign up for free to get your personalised EnergyFlex Rating today.

Start saving today with EnergyFlex. Get the app today.