Watt We Can Do to Build Transparency in the Electricity Marketplace

Greenhouse Lasses

So 100%, we all understand the importance of access to and emphasis on clean, renewable energy, but are we talking enough about energy poverty? Over 30% of people in the US struggle to pay their energy bills, with some dedicating up to 20% of their total income to this expense. Of the people surveyed reporting this burden, over half identified as Black and 40% identified as Latinx, making this a racial equity issue. While in some parts of the country, deregulated energy markets allow customers to shop around for the best rates, the process can be confusing and misleading. With this in mind, Naman and his co-founder Ben created WattBuy to help build transparency in the electricity market, and empower customers to make informed decisions to reduce their energy costs and opt into renewable energy. Between working on the Obama administration, one of the biggest tech companies in the world and running a start-up, Naman has a diverse perspective on just how serious the problem of energy burden is. Tune in to this episode to hear about Naman’s experience in these three sectors and how you too can tap into your strengths, skills and interests to drive positive change. Notes: Learn more about WattBuy: https://wattbuy.com/ Info on Regulated & Deregulated Energy Markets: https://infocastinc.com/market-insights/solar/regulated-deregulated-energy-markets/ One in three U.S. households faces a challenge in meeting energy needs: https://www.eia.gov/todayinenergy/detail.php?id=37072 Lifting the High Energy Burden in America’s Largest Cities: How Energy Efficiency Can Improve Low Income and Underserved Communities: https://www.energyefficiencyforall.org/resources/lifting-the-high-energy-burden-in-americas-largest-cities-how-energy/