In 2008 Brian Pepin and Anthony Simon were running Energizing Solutions, a small industrial efficiency consulting company, while studying electrical engineering at the UW. The two undergraduates discovered that while efficiency monitoring systems were available in the marketplace, they were often cost-prohibitive for their manufacturing clients who were already operating on the thinnest of margins and feeling pressure from lower-cost competitors abroad. Passionate about helping their customers save energy and money, Pepin and Simon invented a new type of monitoring system that detects inefficient and abnormal operation in electric motors at a fraction of the competition’s price.
Called the Attachable Indicator for Maintaining Efficiency and Reliability, or AIMER, the system monitors energy efficiency in electric motors and tells the operator what kind of maintenance is needed and when. This, in turn, allows plant operators to move from preventive to predictive maintenance on their electric motors, cutting maintenance costs by more than 70 percent.
More efficient motors equate to reduced electricity costs and consumption. And when you’re talking about the billions of dollars spent each year on electricity costs by the US industrial and manufacturing sector, that’s some serious cost savings.
After recruiting Mark Ramme (MBA 2009) to join the company as chief operating officer, Energizing Solutions entered the UW Business Plan Competition in 2009. They won second place and $10,000. “The BPC was an invaluable experience for us,” said Pepin. “Coming from an engineering background, we were unaware of the start-up environment, from financing to organizational structure. It was great for us to learn what VCs and angels want to see from a company coming to ask for money.”
Since graduating from the UW, Pepin was accepted to the electrical engineering doctoral program at UC Berkeley. Energizing Solutions also applied for and won a spot at the Berkeley Venture Lab, which provided the company with free lab space and mentoring as well as a $5,000 prize. Energizing Solutions then partnered with Far Sciences to produce the first generation prototype, and with Siemens Technology-To-Business Center to conduct a one-year pilot of the AIMER system.
If all goes well with the pilot, the next step will be to enter into either a joint venture or licensing agreement with Siemens. After that, who knows? Perhaps another entrepreneurial adventure. “The entrepreneurial community has a lot of energy and excitement,” Pepin said. “And the appetite for clean-tech solutions in manufacturing is only going to grow. I don’t think we’ll be sitting around for long.”
Update June 2011: Energizing Solutions recevied a $150,000 grant from the National Science Foundation (NSF) Small Business Innovation Research program (SBIR).