Type: Blended
PHASE: Design
CATEGORY: Energy
LOCATION: Port-au-Prince, Haiti
Local Energy Technologies
Central & South America

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Local Energy Technologies (LET) creates software and hardware solutions for energy monitoring, metering, and sales in emerging markets.

Standings & Awards

190 out of 190 in Central & South America
143 out of 143 in Energy
935 out of 935 in Design
1066 out of 1066 in Blended
4003 out of 4003 Overall

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VOTES

Local Energy Technologies
LET works to empower the 2.4 billion people currently living in energy poverty.

LET designs groundbreaking software and energy meters for emerging markets that address the key problems faced by power providers and their customers. Power providers need better solutions to monetize existing customers, and new tools to expand their networks to more customers, while customers need simpler, less expensive ways to pay for their electricity. 

FIVE PROJECT QUESTIONS Required (60 - 90 minutes)

2. Who gains the most? 
The 1.2 billion people that presently lack electricity access due to their location in remote and rural environments can gain access to the energy they need to empower their human development. Electricity is no longer just a commodity, it is a fundamental element of any development activity, whether it be related to medical, educational or economic advancement opportunities. Access to electricity creates opportunities for education, income generation and healthcare in ways never before possible
3. Who pays? 
People living in rural villages will incrementally pay for access to electricity in the same manner as people living in cities. Rural customers will save both time and money from the access to electricity; for example the cost of light from electricity is considerably less the cost of light from kerosene. Consumers can use part of the savings they generate to pay for their access to electricity.
4. What is your success? 
Concurrently, we believe that success in Haiti will result in significant international interest from other markets. Within 2 years we believe that we can serve 100,000 households in Haiti through our platform. Within 5 years, and subsequent international deployments, we believe that we can serve 1,000,000 households.