customer attrition. The TAM is 20M locations for Rooftop and another independent 18 to 20M locations for the upcoming Driveway and Walkway product. Total energy savings opportunity is greater than 140TWh each year for just the Rooftop product, representing greater than 70M tons of CO2 offset for rooftop and 200M combined. Uniquely, Powder Watts does all of this with close to zero carbon footprint from the manufacturing supply chain AND operations, coining the mark, Zero Carbon Energy. Powder Watts has secured their supply chain, perfected backend and app code, and is in the process of scaling to 100,000 plus locations.

Utility companies large and small offer customer incentives of up to 70 percent to install the Powder Watts system, making ROI for customers as low as 1 year.

Ongoing revenue comes from customers’ subscription which consists of a share of the actual energy savings the Powder Watts system generates for them via the AI and IoT ecosystem, making for happy lifetime customers that continue to save as long as they own the building.

Additional substantial ongoing revenue in the future comes from the sale of high level quantifiable and verifiable carbon offsets.

The Powder Watts system consists of a best in class ultra rugged IoT rooftop sensor package, a 120V or 240V utility grade energy monitoring smart switch, and a long-range hub to communicate with all devices, back to the Powder Watts Cloud. On the backend lives the Powder Watts Computer Vision AI that works to determine roof state and switching decisions for the IoT devices in the field, resulting in an approximate 92 percent energy savings for its customers, which translates to hundreds or thousands of dollars a month saved, all while dramatically improving structure protection with its constant monitoring of multiple metrics.

These factors have led to Powder Watts being called the leading CleanTech company in North America.

This system produces savings of similar or greater amounts of energy as a whole house solar install produces, but with a quarter to a tenth of the of the payback time. Larger homes and buildings produce 15,000-20,000kWh of savings for 5 to 6 months a year. And zero off-season energy and emissions, eliminating systems accidentally running in non snow months, thereby achieving the gold standard in quantifiable and verifiable offsets and sustainability for corporations and conscientious building owners alike.

Last Earth Day, Powder Watts put out the challenge to identify another energy saving solution that went from 0 to 92 percent in the first iteration. The invention of the LED lightbulb was cited as a comparator, but time from incandescent to the approx. 85 to 92 percent LED savings was over 100 years.

Since these snowmelt systems consume SO MUCH energy, on par or greater than year-round heating and cooling for many structures, AND Powder Watts reduces the consumption by approximately 92 percent, the 20M Rooftop and 20M Driveway TAM is considered equal to or exceeding that of home and business smart thermostat savings market.