Wattwatchers helps businesses drive decarbonisation
Technology platform scales up for a data-driven energy future
The CEFC is supporting award-winning Australian technology platform Wattwatchers to expand the reach and production of its platform that enables homes, businesses, and industry and trade customers to monitor, analyse and control energy in real time.
$3m
CEFC commitment
50,000+
devices worldwide
Award-winning
tech
This is a business with an exceptional technology platform that is already making a real difference in energy management, sustainability, and emissions reduction. Now, we are accelerating our impact and expanding our reach, particularly in carbon accounting and energy efficiency for the commercial sector, while continuing to support our existing customers in residential and wholesale markets.Mark DunnCEO, Wattwatchers
Our investment
The CEFC has invested $3 million in Wattwatchers, through the Clean Energy Innovation Fund, which climate tech specialist Virescent Ventures manages on behalf of the CEFC. Other Wattwatchers investors include ARENA, Softbank China and leading private equity investor Kilara Capital.
Wattwatchers, which was founded in 2007, has deployed more than 50,000 devices commercially in more than 40 countries worldwide. Its Auditor 6MW device was recognised at the 2024 Australian Good Design Awards, winning the Good Design Award in Engineering Design category.
Wattwatchers technology is being used to:
- Manage and optimise commercial and industrial energy and solar generation to enhance sustainability ratings for built assets
- Generate certificates from large-scale solar systems for revenue capture across large-scale solar projects
- Remotely identify and diagnose energy system faults and underperformance
- Optimise home solar systems to maximise self-consumption and return on investment
- Unlock energy and education opportunities to engage students and school communities.
our impact
Businesses within the Australian economy are seeking out and using innovative climate technology to help them better understand and optimise their energy use, to support decarbonising their operations in line with 2050 net zero emissions ambitions.
Wattwatchers has developed its state-of-the-art technologies into a digital energy platform that captures, extracts, distributes and acts on energy data in commercial operations, industry and homes. The company has based its success on an ultra-compact smart device called the Auditor, which monitors multiple circuits at the same time and communicates via the mobile network to the internet, delivering actionable energy data in real time.
The cloud-connected, IoT-based solutions suite from Wattwatchers spans devices, datasets and analytics software, and maximises the benefits of renewable energy, green building sustainability ratings, decarbonisation and electrification to support the transition to a cleaner, more efficient and data-driven energy future.
Innovative projects for a more sustainable energy future
Wattwatchers is involved in projects that harness its technology to test new approaches for managing the energy transition and electrification including:
- RF Corval – The Australian property investor is monitoring energy across its portfolio, focusing on assets in its Infill Trust and using the data collected to support the company’s commitment to achieving a carbon neutral portfolio by 2030.
- Byron Industrial Estate Microgrid Study – Led by community-owned retailer Enova Energy to demonstrate the potential for a microgrid to deliver financial benefits to consumers.
- Residential Heat Pump Study – Led by Climate-KIC Australia, the three-year study is based on a commercial-scale demonstration of thermal energy ground source heat pumps based in the masterplanned residential community of Fairwater in Western Sydney.
- Grid Disturbances Project – Led by Solar Analytics and backed with an Australian Renewable Energy Agency grant, the Enhanced Reliability through Short Term Resolution Data around Voltage Disturbances project was initiated to help the Australian Energy Market Operator manage the transition to an energy system with a high proportion of distributed energy resources.
For more information, see the Wattwatchers website.
