Grid Fruit
Overview
Pennsylvania
Company
2018
Grid Fruit uses data to reduce energy and maintenance costs for food businesses.
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Member Only
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CoStar
Grid Fruit uses their proprietary artificial intelligence technology with data on voltage, current, weather, customer traffic patterns and more to modulate compressor operation in commercial food services stores, to yield energy savings and time shift loads. The business model employed is shared savings with utility customers similar to an ESCO model. The company is also exploring the opportunity to become an aggregator for demand response applications. Specifically, their artificial intelligence technology provides energy efficiency and demand response incentives to commercial refrigeration. Grid Fruit claims to reduce operational and energy costs by 15% while utilizing commercial refrigeration equipment as thermal batteries for the grid.
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