Ecojoko

Ecojoko offers a financial and ecological solution to the problem of invisible electricity waste, which accounts for a significant portion of household energy bills. Founded in 2017 by Fabien Berlioz and Laurent Bernard, two engineers with a background in technology and a passion for ecology, the company is headquartered in Montreuil, France. Their journey began with the realization, supported by a CNRS study, that French households waste an average of 23% of their electricity simply because it's not visible, amounting to significant financial and environmental costs.

The company's core business revolves around its connected energy-saving assistant designed for residential clients. This system makes electricity consumption visible in real-time, empowering users to understand and manage their usage. The business model includes both direct sales of the device and a subscription-based rental option. Ecojoko targets homeowners, including those with solar panels, who are looking to reduce their energy bills and environmental footprint. By providing actionable insights, the company states its users can achieve an average savings of 18% on their electricity bills.

The Ecojoko product consists of three main components: a sensor, an in-home display assistant, and a mobile application. The sensor is designed for easy, non-invasive installation on a home's main circuit breaker, from which it measures the total electricity flow. This data is transmitted to the display assistant, which shows real-time consumption and can be connected via Wi-Fi or Ethernet. The system's artificial intelligence then disaggregates the total consumption, identifying the energy usage of different categories of appliances like refrigeration, laundry, and standby power. The mobile app provides detailed historical data, personalized reports, and gamified challenges to encourage sustained energy-saving habits. For homes with solar panels, the system also monitors surplus energy production, helping users optimize their self-consumption.

Keywords: energy monitoring, electricity saving, smart home, energy efficiency, real-time consumption, cleantech, residential energy, IoT device, consumption analysis, power meter, energy management, home automation, electricity bill reduction, solar panel optimization, self-consumption, sustainable technology, AI energy, circuit breaker sensor, energy waste, eco-friendly