Watt+Volt Explained

WATT+VOLT
Industry:	Electricity provider
Founded:	in Athens, Greece
Founders:	-->
Hq Location City:	Athens
Hq Location Country:	Greece^[1]
Area Served:	Greece
Areas Served:	-->
Key People:	Anastasios Papanagiotou (CEO)
Services:	Integrated electricity services
Owners:	-->

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

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

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
• Participation in the European Project encompass
• Participation in the European Program HORIZON 2020
• 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

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

• Participation in the European HEAT4COOL Program
• 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

2020

• 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

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.^{[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

• Energy in Greece

Notes and References

1. Web site: Contact page WATT+VOLT. www.watt-volt.com. 2016-01-16.
2. Web site: 2020-11-10. H WATT+VOLT συντονιστής στο Ευρωπαϊκό Έργο H2020 PRECEPT. 2022-02-08. energypress.gr. el.
3. Web site: energypress.gr Δημοσιογραφικό ενημερωτικό portal για την ενέργεια. 2016-01-16. energypress.gr. 22 October 2015 . el.
4. Web site: App για τον έλεγχο της κατανάλωσης ρεύματος - ΕΠΙΚΑΙΡΑ - euro2day.gr. 2016-01-16. www.euro2day.gr. el.
5. Web site: Πρωτοποριακή εφαρμογή από τη GLOBO για την WATT+VOLT. 2016-01-16. ethnos.gr. el.
6. Web site: Δύο νέα πακέτα Home Energy από την WATT+VOLT - ΕΠΙΧΕΙΡΗΣΕΙΣ - euro2day.gr. 2016-01-16. el.
7. Web site: Η WATT+VOLT στη Σερβία. 2016-01-26. Watt-Volt.gr. el.
8. Web site: ENERGY AGENCY OF THE REPUBLIC OF SERBIA. www.aers.rs. 2016-01-26.
9. Web site: Commodities Trading WATT+VOLT. www.watt-volt.com. 2016-01-26.
10. Web site: Ίδρυση της θυγατρικής εταιρείας WATT+VOLT EMT στη Βουλγαρία. 2016-01-27. Watt-Volt.gr. el.
11. Web site: Ίδρυση της θυγατρικής εταιρείας WATT+VOLT EMT στη Βουλγαρία. 2016-01-26. Watt-Volt.gr. el.
12. Web site: WATT AND VOLT BULGARIA EOOD - General Electric Contractors, Sofia - Infobel Bulgaria, - Phone directory. www.infobel.com. 2016-01-26.