Packetized Energy Technologies Inc's software platform is designed to enables electric utilities to coordinate fleets of distributed energy devices with real-time flexible energy to provide valuable grid services: frequency regulation, price arbitrage, grid management, and renewable power smoothing. The firm designs and deploys human-friendly systems to enable distributed energy resources such as water heaters, electric vehicle chargers, battery storage systems, and HVAC systems enabling users to manage their energy costs and ensure that the grid can run reliably with renewable energy. The firm's virtual battery solutions provide grid and market services at half the cost of conventional battery solutions and are scalable through internet coordination. Packetized Energy Technologies uses ideas from control and system theory, machine learning and optimization to enable electricity demand to balance, in real time, with renewable supply, one packet at a time. The firm produces software that coordinates a wide range of residential and small commercial smart devices including water heaters, HVAC systems, level 2 electric vehicle chargers, photovoltaic inverters, and distributed batteries. It has also developed its own smart thermostat for monitoring water heaters.
