WillCo Technologies hiring 90 people after snagging energy-saving patent

September 19, 2016  |  Meghan LeVota

IMG_0342

The average american household wastes up to 61 percent of its energy input.

Kevin Williams, CEO of WillCo Technologies, said that this is because of the way electrical grids are designed. Although the average consumer requires significantly less power during school and work hours, the grid keeps energy limits consistently high in order to sustain through peak activity hours. This could lead to pricy electricity bills.

Kevin Williams

Believing that this technology was outdated, in 2009 Williams began to take an interest in the emerging smart grid. He knew there must be a way to capture that wasted energy and store it, despite doubts from respected peers.

“They told me that it’s not feasible to capture electricity and store it later,” Williams said. “‘It’s just not possible, Kevin. You’re wasting your time.’

Williams continued to pursue his mission by creating an energy storage device — all the while growing WillCo technologies, his IT consulting firm, which was founded in 2006.

The energy device solution, developed in partnership with the Missouri University of Science and Technology, was funded entirely by WillCo’s software consulting profits.

“As CEO, I could have used the money to go on vacation, or pay for my retirement,” Williams added. “I chose to invest in this early technology because that’s what gets me excited. I felt like I could have a part in changing the way Americans consume electricity.”

Williams first filed for a patent for the device in 2010 and after several iterations resubmitted it in 2012. His critics were skeptical, although a few years later they’d change their tune.

In 2015, Tesla launched the Powerwall, proving to Williams’ naysayers that large-scale energy storage was officially a reality. Williams recalled being flooded with emails of people who were apologizing for doubting him. The emerging smart grid industry is now projected to reach $19 billion by 2017.

“It felt very gratifying,” Williams said. “It let me know that the work I had been working on was not in vain.

The momentum propelled Williams forward while he waited for word on his patent. In the meantime, Williams launched WISE —  WillCo Intelligent Stored Energy — in May 2016. Only one month later, Williams and his company were awarded a patent for his energy device: the WISE P.O.D.

“I want to be a part of what I believe is a technological revolution that we could really foster here in Kansas City.” – Kevin Williams

The system allows for communications between utility companies and the consumer as well as offers real-time electricity usage data. Using Internet-of-Things software, users can direct the flow of electricity with their smart phones and store energy from the grid to reduce consumption.

To use the device, WISE customers first go online and take an energy assessment to receive an estimate. If the household purchases the hardware, WISE then links the customer up with a reseller in their area who will then contact them to arrange the installation.

Williams is currently looking for a new headquarters to house both WillCo Technologies and WISE to accommodate ambitious hiring plans. Currently with a team of nine people, WillCo plans to expand with 30 additional positions, thanks to a new contract with the U.S. Department of Defense. And by 2017, Williams expects WISE to add about 60 new jobs in the area.

Despite receiving interest from outside investors, Williams said he plans to remain in the Kansas City area.

“I’m looking forward to taking advantage of this synergy that’s happening here in the Kansas City area,” Williams said. “I want to be a part of what I believe is a technological revolution that we could really foster here in Kansas City.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2016 Startups to Watch

        stats here

        Related Posts on Startland News

        Techstars firms to spread local roots via Brad Feld’s Kansas City home

        By Tommy Felts | December 14, 2015

        More graduates of the Techstars-led Sprint Mobile Accelerator may be calling Kansas City home thanks to venture capitalist Brad Feld. Feld, co-founder of the international accelerator program Techstars, is making his Kansas City, Kan. home available to graduates of the local Techstars program rent free. “I’m very happy with how things have gone to date,”…

        Subjective language is making your elevator pitch completely forgettable

        By Tommy Felts | December 14, 2015

        Your elevator pitch is the single most important communication of you or your business and why you are relevant. Last month I wrote about how you can use your elevator pitch — or 20-second summary of your business — as a litmus test to determine if you are creating your own market or if you…

        Kansas City dishes on diversity in the entrepreneurial community

        By Tommy Felts | December 11, 2015

        It’s often said that two heads are better than one. But what if those two “heads” have the same socioeconomic, gender and racial compositions? What if their life experiences mirror one another so closely that they arrive at the same conclusions or generate the same general ideas? It’s no secret that diversity can foster the…

        Funding roundtable (part II): Entrepreneurs compare KC investment scene to other cities

        By Tommy Felts | December 10, 2015

        Welcome back to part two of our roundtable discussion on the early-stage investment sector in Kansas City. For a more formal introduction on this series and its five participants, please refer to part one on Kansas City’s investment culture and evolving economy. Check out the third and final installment of the series with the entrepreneurs’ advice for…