Business Model: Intellihot Green Technologies, Inc. (Intellihot) has developed and is now commercializing a tankless water heater that reduces installation and operating costs as well as decreases the impact of heating water on the environment.
Product: Tankless water heater that is 40% more energy efficient than comparable capacity tank-type water heaters. Some of the novel features of Intellihot’s heater include proprietary technology covering self-learning, master-less cascading, remote monitoring, and de-scaling techniques. In comparison to other tankless heaters in the market, Intellihot’s products substantially reduce wasted water while awaiting the arrival of hot water
Customers: Intellihot is focusing on the commercial market for tankless water heaters, such as hotels, restaurants, prisons and hair salons.