Watt+Volt

WATT+VOLT is a utility service company that provides electricity, natural gas and integrated energy services , and the company is based in Athens, Greece.

WATT+VOLT
IndustryElectricity provider
Founded2011 (2011) in Athens, Greece
Headquarters,
Area served
Greece
Key people
Anastasios Papanagiotou (CEO)
ServicesIntegrated electricity services

History

2011

  • Establishment of WATT AND VOLT S.A.
  • Granting of License for Electricity Supply and Trading

2012

  • Installation of "smart" meters for the monitoring of energy consumption in real time, within the "New Innovative Entrepreneurship" framework of the NSRF
  • Development of the online WATT + VOLT "Partners" platform for the registration of partners’ applications for electricity supply

2013

  • Commencement of Electricity Trading Activity
  • ISO 9001 Certification

2014

  • Launch of MyWatt application, for the electronic management of the electricity bill by the customer
  • Establishment of the subsidiary in Bulgaria, WATT + VOLT Bulgaria EOOD
  • Granting of Electricity Supply and Trading License to WATT + VOLT Bulgaria EOOD

2015

  • Launch of MyWatt mobile application for iOS and Android devices
  • Establishment of ESC (Energy Services Company)
  • Establishment of the subsidiary company in Serbia, WATT AND VOLT DOO Beograd
  • Granting of Electricity Supply and Trading License to WATT AND VOLT DOO Beograd
  • Granting of Natural Gas Supply License to WATT AND VOLT S.A.

2016

  • Registration and activation of WATT AND VOLT S.A. in the European Energy Exchange (EEX) - the 1st Greek Private Company participating in it
  • 2 Awards to MyWatt in the Mobile Excellence Awards
  • Participation in the European Project encompass.
  • Participation in the European Program HORIZON 2020 inteGRIDy
  • Launch of the home solution IoT, smartwatt
  • Recognition of WATT + VOLT by the London Stock Exchange as one of the 1000 companies that inspire Europe

2017

  • Opening of WATT + VOLT stores nationwide
  • 4 gold awards to smartwatt platforms in the Energy Mastering Awards and Mobile Excellence Awards
  • Launch of the holistic IoT solution, smart everything

2018

  • Commencement of Natural Gas Supply activity
  • Launch of the electronic sending of bills service (e-bill)   
  • Installation of the first charging stations for electric vehicles
  • Development of the WATT + VOLT e-learning platform
  • Operation of 15 stores throughout Greece
  • Upgrade of MyWatt web application and addition of new features

2019

  • Company Awarded as National Winner in the European Business Awards in the Development Strategy of the Year category
  • Participation in the European HEAT4COOL Program
  • Founding partner with leading participation in the Greek Cluster is ZEB
  • Establishment of the Group's subsidiary, WATT + VOLT Skopje
  • Registration and commencement of the Company's activity in the Hungarian Energy Exchange Market HUPX (Hungarian Power Exchange)
  • Exceeding the limit of 100,000 supply customers (March)
  • Commencement of trading of emission allowances, EUA, in the European Energy Exchange
  • Launch of Net Metering service
  • Operation of 35 stores throughout Greece
  • "Smart" electronic customer services via call center
  • Upgrade of MyWatt mobile application and addition of new features
  • Launch of Gas Boiler Installation service
  • Provision of electrical and energy solutions and launch of LEC service (Licensed Electrician Certification)

2020

  • Company awarded by FT as one of the 1000 fastest growing companies in Europe
  • The European project enCOMPASS is successfully completed and for WATT + VOLT in particular the results of the extroversion are characterized as exceeding expectations. (outreach results)
  • WATT + VOLT is the coordinator in the European PRECEPT Project[2]
  • Participation in the European BRIGHT Project
  • Establishment of the group's subsidiary trading company in Albania, WATT + VOLT Albania
  • Issuance of operating license by RAE (Regulatory Authority for Energy) for the activity of WATT + VOLT as a RES Aggregator
  • Launch of "Chargespot" application for charging electric vehicles
  • Operation of 60 stores throughout Greece
  • Electronic contracts with digital signature for customer service without physical presence.
  • Addition of gas supply management section via MyWatt (mobile and web application)
  • Launch of Gas Boiler and Heat Pump Maintenance services
  • Menoumespiti action to provide a discount to WATT + VOLT customers during the lockdown period – support to the "Shedia" organization

2021

  • Launch of the e-contract, the first end-to-end service for the conclusion of a contract for the supply of electricity exclusively online.
  • Update of MyWatt mobile application with the addition of Quick Login for easy and secure access to the app with fingerprint or face ID and a four-digit PIN.

Awards

  • 2016: Mobile Excellence Awards 2016 – two awards to MyWatt
  • 2017: Four gold awards to smartwatt platforms in the Energy Mastering Awards and Mobile Excellence Awards
  • 2019: European Business Awards: National Winner for Greece in the European Business Awards
  • 2020: 1st among Greek companies and 204th in the overall ranking of the Financial Times FT 1000 list with the 1000 fastest growing companies in Europe 2020.
  • 2021: Franchise Award in the Most Innovative Products & Services category
  • 2021: Distinction Most admirable companies in Greece, for Fortune magazine and special section THE ADMIRABLES 2021
  • 2021: RETAIL BUSINESS AWARDS 2021, silver award in the Retail Stores Energy category.
  • 2022: FRANCHISE AWARDS 2022 for FAST GROWTH FRANCHISE
  • 2022: PRODUCT OF THE YEAR in the category "Electricity program", for zerO
  • 2022: RETAIL BUSINESS AWARDS 2022, bronze award in the "Retail Stores/ Energy" category for Elefsina store
  • 2022: CONTENT MARKETING AWARDS 2022, silver award in the "Best use of content marketing for lead generation" category
  • 2022: HR AWARDS 2022, golden award in the "Best Team Building Program" category

MyWatt

WATT+VOLT created a mobile application, MyWatt, that allows users to track their electricity usage.[3] This application allows individuals to limit or control their electricity expenses, provides usage trends from previous years through graphs and allows payment.[3][4][5][6]

Subsidiaries

  • WATT+VOLT DOO Beograd – 100% subsidiary of WATT+VOLT Group - was established on 12 April 2015 and officially received the license of power trading in Serbia.[7][8]
  • WATT+VOLT Bulgaria EOOD was established in mid-2014 and is now a member of WATT+VOLT.[9]
  • WATT+VOLT EMT - In January 2015, WATT+VOLT acquired 50% stake of CE group forming WATT+VOLT EMT, licensed of Trading and Power Supply in Bulgaria.[10][11][12]

See also

References

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