Energywell Announces Two Major Milestones in Adaptive Energy Technology, Data Security

• Surpasses 1,000 smart thermostat integrations with transformative, customer-centric Proton platform.
• Secures SOC 2 Type 2 Certification, affirming its dedication to maintaining the highest standards of security, reliability, and operational excellence.

NEW YORK, Feb. 19, 2025 /PRNewswire/ -- Energywell, LLC ("Energywell") is accelerating the transition to sustainable energy with a pair of major achievements: Over 1,000 customers have enrolled in smart thermostat integrated products through Proton, its advanced energy optimization platform, and the company has achieved SOC 2 Type 2 certification, reinforcing its commitment to data security.

Smart Thermostat Integration: Driving the Future of Energy Management

Over 1,000 Texas-based customers of Energywell's licensing partners, including Think Energy, are now leveraging smart thermostats to optimize their energy usage. Launched for residential customers in November 2024, the Proton platform's integration has seen rapid adoption, highlighting growing consumer demand for seamless, technology-driven energy management.

Proton's proprietary algorithms manage smart thermostat set points in response to market prices and enable real-time energy adjustments, providing cost savings while optimizing for comfortable temperatures. Think Energy customers who integrate smart thermostats with Proton receive a $10 monthly bill credit, contributing to significant long-term savings while supporting sustainable energy choices and electric grid reliability.

The success of this program lays the foundation for broader expansion. Energywell is actively working to bring this solution to new markets and incorporate additional smart devices, including battery storage systems and electric vehicles, extending the benefits of energy integration to more customers nationwide.

"Consumer device integration and control is a crucial step in ensuring grid stability during this period of unprecedented growth in energy demand," said Energywell CEO Michael Fallquist. "We are building on our foundation of innovation in electricity and community solar to now expand our capabilities in smart energy management. As we move beyond Texas and integrate additional devices, we're unlocking new possibilities for energy optimization, empowering our customers to take control of their energy use like never before."

SOC 2 Type 2 Certification: Strengthening Trust in Energy Technology

In parallel with this technological growth, Energywell has successfully completed its SOC 2 Type 2 audit, validating the company's rigorous approach to data security, compliance, and risk management.

The SOC 2 Type 2 certification reinforces Energywell's position as a leader in energy technology by demonstrating:

• Customer Confidence: Ensuring data privacy and security for customers, partners, and stakeholders.
• Competitive Differentiation: Validating Energywell's leadership in energy technology compliance.
• Future-Readiness: Establishing a foundation for continuous improvement in security and operational reliability.

"Achieving SOC 2 Type 2 certification is a major milestone that underscores Energywell's unwavering commitment to security, reliability, and operational excellence," said Christian McArthur, Chief Operating Officer of Energywell. "This certification validates the strength of our security controls and reassures our clients, partners, and stakeholders that we protect their data with the highest industry standards. As we continue to innovate in the energy technology space, this achievement further differentiates Energywell as a trusted leader in secure and sustainable energy solutions."

About Energywell
Energywell is an energy technology company powering the sustainable energy transition.  Energywell combines the financial strength of funds managed by Oaktree Capital Management, L.P. and capital and commodities expertise from Hartree Partners L.P. with proprietary technology and a seasoned team of energy industry veterans.  Visit Energywell.com for more information.  

About Proton
 Energywell's Proton platform delivers real-time energy insights and seamless device integration, empowering businesses and customers to optimize energy more sustainably.  Proton uses cloud-native, event-driven architecture to ensure energy solutions scale quickly while maintaining the highest standards of security, including SOC 2 Type 2 compliance. Proton is available for licensing for third parties looking to accelerate their own energy management capabilities. Visit Energywell.com for more information.

Contact:
Max Jabbonsky
Director of Communications
[email protected]

SOURCE Energywell, LLC