GridIO is a marketplace that allows everybody to make money with their electric devices.
All you need to have is electric water heater, electric heating, floor heating, heat pump, electric vehicle, air conditioning or ventilation system.
GridIO gives power to the people to participate on electricity markets and make money while you are not actively using your electric devices.
GridIO is for everybody who has any of these electric devices in their home, summer house or even in their Airbnb flat.
The only thing you need to do is sign up for the service. Later we will send you the smart switch that connects you to the electricity markets.
Electricity production is based on the prediction of how much we plan to use it. However, unpredicted weather change will make us use more on heating or a technical breakdown in the powerplant will change the balance between demand and supply. In these situations electricity reserve is needed. GridIO will put your electrical devices to the reserve market and for each kW you will make money.
Electricity markets are open and the price is calculated based on the supply. So, there is no set fee per kW, it depends on the supply, season and some other variables. Our calculations say that average 200-litre electric water heater can make up to 100€ a year. If you have electrical heating in 150m2 house, then annual earning can be up to 200€.
GridIO platform takes every personal electricity consumption into account and we make sure that you always have hot water and warm house. And if you do not feel like earning money at some moments - you can always disconnect from the platform too.
There is no catch. Only practical thing is that a single person alone can not participate on the market. There are 1000 persons needed to enter this market. So, everybody is welcome to join in. Just sign up with GridIO, check out, how much your household could make you and expect us to send you the smart switch. At the same time, the homeowner is making a positive impact on the environment as Finland does not have to turn on additional polluting power plants.
GridIO is brought to you by guys who ran 2BEUR energy business; who have built software for 700 000 smart meters; who have built internet banks for millions of customers; who have done industrial design for Nokia and Nest; who run artistic cinema besides being a serial entrepreneur.
The privacy of customers’ personal information is important to GridIO. GridIO complies with the applicable legislation on personal data protection. You may request to have your personal information collected by GridIO removed or corrected at any time.
GridIO Inc. has taken all reasonable measures to ensure the quality, reliability, and accuracy of the information on this website. However, GridIO Inc. :
You are responsible for any decision made by you based on information on this site. GridIO Inc. and its directors, employees or agents accept no liability for loss or damage (including, without limitation, any special, direct, indirect or consequential loss or damage or other losses or damage of whatever kind) that arise out of or relate to the use of this site or its contents.