The Water Heater Revolution: Smart Appliances for a Smarter Grid Reservoir, a startup co founded by Luke Winston Almanzar, has raised $8 million to revolutionize the water heater industry with its intelligent appliances.
According to Winston Almanzar, this often overlooked appliance accounts for about 18% of a household's total energy budget and is one of the main causes of residential water damage.
At first glance, Reservoir's technology may seem like just another attempt to save energy and reduce costs. However, its devices have a more profound impact on the grid and our daily lives.