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Doing business differently: Comwatt focuses on making the energy transition accessible to all

Information updated on 23/10/19

Montpellier startup Comwatt, which develops solar solutions for low cost self-consumption, expands its initiatives for promoting energy transition that is accessible to everyone, from collective self-consumption to “green concept”.

Grégory Lamotte, CEO de Comwatt©David Richard
According to Grégory Lamotte, CEO and founder of Montpellier startup Comwatt, solar energy for individual and collective consumption is the key to a faster and lower cost energy transition.

“Solar energy is the lowest cost energy today. Self-consumption eliminates the need to transport electricity, which represents about half of the overall energy bill,” explains the entrepreneur.

A fervent advocate of renewable energy, Grégory Lamotte speaks from experience. He designed “two devices to manage electrical equipment intelligently, including a connected box developed for solar energy self-consumption, enabling people to reduce their electricity bills by up to 70%,” adds the entrepreneur.

In France, the Montpellier startup incubated at Montpellier BIC has a staff of 30 employees and some 18,000 clients, mostly individuals in private homes. One year ago, the company raised €1.3 million in order to be able to offer an “all in one” package that includes solar energy equipment and installation for self-consumption, leveraging a network of trusted installers who are committed to a set of quality criteria. Notably, Comwatt offers a complete green package for self-consumption by producing small hydroelectric sites in partnership with another innovative Montpellier company, Mint Energie, a subsidiary of Budget Telecom.

The startup limits its environmental impact

Grégory Lamotte has been advocating for collective self-consumption as a way to speed up the energy transition.

“It would give people a way to sell their excess production to neighbors, and apartments a way to consume their own production,” he explains. “But the energy regulation commission keeps blocking the idea.”

Also an administrator of the Derbi competitiveness cluster in the Occitanie region, he is working with a nationwide group of energy transition stakeholders to “unblock the situation” by preparing a transposition of European directive 2018/2001 into French law. The directive is related to the promotion of energy use produced from renewable sources.

Comwatt is also strongly committed to reducing its environmental impact. “All of the servers hosting our data are powered by renewable energy. We also request our suppliers to include recyclable products in their offer proposals,” adds Grégory Lamotte, who carried out an in-depth study with support from experts in 2019 as part of a regional action launched by Digital 113 and the Occitanie Chamber of Commerce and Industry.

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