Schneider Electric Expands with WattBuy Acquisition
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Schneider Electric announced it acquired WattBuy, a U.S. residential energy software developer, last week.
The French automation leader said WattBuy strengthens its mission to simplify the energy transition for homeowners.
WattBuy Delivers Consumer Energy Insights
WattBuy offers software that delivers personalized energy insights and electrification solutions.
Its platform recommends electricity plans, forecasts energy costs, and identifies rooftop solar and storage options.
Schneider officials noted WattBuy will align with EnergySage and Qmerit for greater impact.
Strengthening Schneider’s Consumer Ecosystem
EnergySage connects consumers with solar and storage solutions.
Qmerit delivers electrification services across North America.
Together with WattBuy, Schneider Electric builds a stronger ecosystem for home energy transformation.
Leadership and Future Strategy
WattBuy CEO Naman Trivedi and his leadership team will continue guiding the business.
Schneider did not disclose financial details of the transaction.
Jaser Faruq, senior VP of prosumer, emphasized empowering consumers through electrification.
Driving the Decade of Electrification
Faruq highlighted electrification as the defining opportunity of the next decade.
He said WattBuy’s intelligence platform perfectly complements EnergySage’s transparency and choice.
This acquisition positions Schneider Electric at the forefront of residential energy innovation.