MegaWatts on Main Street A Carbon Finance Speaker Series at Yale Presenting Erika Diamond in

1. MegaWatts on Main Street A Carbon Finance Speaker Series at Yale Presenting Erika Diamond in “Managing Phantom Load with the Modlet - A Modern Electrical Outlet” Brought to you by the Center for Business and the Environment at Yale through the generous support of the Emily Hall Tremaine Foundation

2. The Efficiency Quandry • Regulations • – have the what but not the how • Voluntary Programs • – need to verify savings Confidential and Proprietary

3. Plug loads are a growing silent problem… • Consumers now have on average 23 consumer electronic products. • As a result, plugged-in appliances make up 40% of residential and 26% of commercial energy use. • Many appliances draw power all the time even when they are not in use. • That’s more than 100 billion wasted kWh and $10 billion in annual energy costs. Confidential and Proprietary

4. The Misconception about Rising Energy Bills Data shows that the % increase in plug-loads has far out-paced the % increase in electricity costs over the past twenty years. Confidential and Proprietary

5. Current Plug Load Options Fail to Capture the Bulk of Potential Savings • Build the math for this on e….. • DIY • Affluent Home Owners have options (small as compared to home owner and rental market) Confidential and Proprietary

6. Example 1: what we’re leaving on the table • 33% of US households rent their homes* • Over 57% of these (20 million) are in urban areas with heads of household between 15-44.* • If the average monthly electricity bill is somewhere around 800 kwh, that’s almost 16 billion kwh a month that we have to find other ways of reducing.** • Just by helping these renters save 10% on their electricity bills we can reduce the need for a new coal plant every three months.*** *2000 US Census Data ** EIA *** Confidential and Proprietary

7. modlet® value proposition Simple way for everyone to save money and electricity Confidential and Proprietary

8. modlet® is the best-in-class outlet monitoring & management device Power measurements Smart scheduling commands Plugs into any existing outlet Works with your computer’s web browser Confidential and Proprietary

9. modlet® is the best-in-class outlet monitoring & management device Modlet® = modernization of the electrical outlet Caches power measurements until computer returns OFF OK Keeps executing the last set of on/off schedules Confidential and Proprietary

10. need to overcome common hurdles for maximum savings Confidential and Proprietary

11. Pilot data validates the value proposition and short pay back period (Watts) No behavior change is needed to save approximately 10% on total electricity use Most modlets pay back within 6 months, some within 2 months

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13. modlet progress • Two NYSERDA grants received • Grant for savings validation/influence on behavior, grant for B2B launch • Consumer Electronics Association support • Invitation to present at Greener Gadgets, istage finalists • Yale • Pilots starting 4/10 , potential inclusion in community carbon fund • Harvard • Inclusion in student project to find easy savings in river dorms Confidential and Proprietary

14. Acknowledgements R&D Team Business Team Dr. Jun Shimada • Algorithms expert. Key technology architect at VC-backed startup from founding through Series B. BA , MA, PhD (Harvard) Dr. Peter Mayer • Electronics expert. Physics research at Columbia, mathematics PhD from Kings College, London Philip MacMenamin • IT expert. Built IT system at NYU Genomics Center. BS, MS from the University of Ireland 6/10/2014 Mei Shibata • Senior marketing / financial roles at top global corporations & Madison Ave. ad agency BA, MS, MBA (Harvard) Erika Diamond • Extensive cleantech BD work and president of the HBS Green Business Alumni Association. BA (Vassar), MESc (Yale), MBA (Harvard) Confidential and Proprietary

15. For further info contact: Erika Diamond erika@thinkecoinc.com Confidential and Proprietary