ComEd Reveals Top Finalists in Student Innovation Contest
September 15 2014 - 1:19PM
Business Wire
Innovative contest submissions work with smart
grid and meters to help low-income customers
Today ComEd announced the five finalists in its Student
Innovation Contest, challenging college students to envision
products, services or software apps that leverage smart meter
technology to help low-income customers better manage their
electricity use and save money. These finalists will present their
proposals before industry leaders and entrepreneurs at an award
ceremony on Oct. 23 for $10,000 in prize money.
The top five finalists are Peter Graff from the University of
Chicago, Abiodun Iwayemi from the Illinois Institute of Technology
(IIT), Christina Noonan from IIT, Ryan Reichelt from Midwestern
University, and student team Xinli Lin and Szu Ying Ching from
IIT.
The contest submissions include a device that visually alerts
home occupants of the home’s current rate of electricity
consumption, a pre-paid electricity card whose balance and energy
usage can be tracked via smartphone, electronic devices that
interface with a home’s smart meter or individual appliances and
broadcasts energy usage data to a smartphone or tablet, and an app
that helps homeowners budget a daily amount of electricity use and
allows for monitoring throughout the day.
“Through this contest we are tapping tomorrow’s innovators to
help us explore the opportunities to further increase the value
that is provided to customers from smart grid and smart meter
technology,” said Val Jensen, senior vice president of Customer
Operations, ComEd. “Smart grid provides consistent, reliable energy
to power innovation, and smart meters are at the heart of what we
believe will become the basis for creating innovative solutions
that customers will want and need.”
Launched in May, the Student Innovation Contest is part of
ComEd’s SmartGridExchangeSM initiative, a collaboration between
ComEd, technology companies, universities and customers to spur
innovation that will shape what the electric grid of the future
will offer. The contest was open to individual students or team of
two to five students (including recent graduates) attending any
college or university within ComEd’s northern Illinois service
area. Forty-four students or student teams registered to
participate and the top five proposals were chosen by ComEd based
on published contest criteria.
The Oct. 23 award show judges include Karen Weigert, chief
sustainability officer, City of Chicago; Andrea Zopp, president and
CEO, Chicago Urban League; Jason Blumberg, CEO and managing
director, Energy Foundry; and Emile Cambry, CEO, Blue 1647.
View a compilation video of all submissions. For more
information on ComEd’s Student Innovation Contest, visit
ComEd.com/StudentContest.
Commonwealth Edison Company (ComEd) is a unit of Chicago-based
Exelon Corporation (NYSE: EXC), the nation’s leading competitive
energy provider, with approximately 6.6 million customers. ComEd
provides service to approximately 3.8 million customers across
northern Illinois, or 70 percent of the state’s population.
ComEd Media Relations(312) 394-3500www.comed.com/news
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