Palmetto’s Mapdwell division extends partnership with Exelon
Palmetto, a rapidly growing platform technology we recently featured in the pages of Solar Builder, extended its relationship with Exelon Utilities and will continue powering Exelon’s customer-facing solar calculator with Mapdwell a technology Palmetto acquired in April 2021). Exelon is one of the nation’s leading energy providers – with 10 million customer accounts under their regulated utility business.
Mapdwell provides an instant assessment of any building’s rooftop potential for solar energy production and storage. Within minutes, customers can see their estimated cost-benefit analysis to determine whether installing solar panels would be worth their investment. They can even estimate the number of years it would take to earn back the financial investment, as well as the amount of carbon to be offset by their system.
By integrating Palmetto’s Mapdwell Solar API, Exelon will provide its 10 million utility customers – spread over Illinois, Pennsylvania, New Jersey, Delaware, Maryland and Washington D.C. – with online access to property-level solar PV potential data and analysis.
By securely leveraging customers’ energy consumption profiles to provide personalized recommendations and accelerate solar adoption, the Mapdwell-powered solar calculator enables Exelon customers to learn about the feasibility, and potential cost-savings associated with pursuing solar at their address.
The solar calculator provides personalized information for each of Exelon’s residential customers, estimating the number of solar panels required due to unique characteristics of the customer’s property, estimated return on investment given the customer’s historical energy usage, and potential green-house gas reductions.
“Our Exelon partnership exemplifies Palmetto’s fast-growing behind-the-meter (BTM) data intelligence and SaaS business opportunities,” stated Chris Kemper, Palmetto Chairman, Founder and Chief Executive Officer. “Palmetto’s Mapdwell API can simplify the solar decision for potentially any homeowner associated with any U.S. utility. This technology is fast, accurate and helps educate consumers on their clean technology options.”
“Mapdwell simplifies what seems like a complicated decision – ‘what do I need to do to get solar on my roof, where would the panels go, and how much money could I potentially save,’ and delivers answers to customers instantly.” stated Eduardo Berlin, Executive Vice President, Mapdwell. “Partnering with Exelon – one of the largest electric parent companies in the U.S. – is the latest proof point of the value of our technology for any U.S. utility. The calculator can be used to accelerate the adoption of solar by millions of U.S. customers; supporting utility companies’ broader strategy. As an example, Exelon recently announced an initiative to achieve net zero emissions by 2050 as part of its efforts to address the climate crisis.”
Mapdwell was incubated at Massachusetts Institute of Technology (MIT), and piloted by the City of Cambridge, Mass. The Mapdwell tool can map entire cities, counties and states. To date, it has mapped over 80 million buildings, earning Fast Company’s Innovation by Design Award..
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