Karolis Petruskevicius
Founder & CEO

Karolis has BSc degree in Economics and is currently completing PhD in Power Networks at The University of Manchester. His PhD research is looking at the UK wide impact of heat pump uptake on electricity prices. You can watch a short video of him introducing his research here. He has also interned at Goldman Sachs and was the Head of Trading at The University of Manchester Trading and Investment Society.

Ignas Bolsakovas
Co-Founder & CTO

Ignas graduated The University of Manchester with a certificate of excellence in BSc Computer Science & Mathematics with the Industrial Experience. During his industrial experience, he worked as a software developer on the Smart Climate Control system at IBM. He is also an international hackathon winner where he has built an intelligent personal assistant that learns the routines and habits of the user.


Energy House 2.0 Case Study

Homely Energy was the first start-up to benefit from the support of the Energy House 2.0 engagement with local businesses. Our company was able to take advantage of the smart meters lab at The University of Salford to test our systems and confirm savings. During our testing, we have shown that users can save at least 20 % by combining heat pumps with variable electricity tariffs using Homely Energy Systems. Read our story on the Energy House 2.0 website here.

Accelerator participants

Accelerate me is a student-run accelerator program from Manchester Entrepreneurs, the student society of The University of Manchester. Homely Energy was part of a 12-week support and was a recipient of the £2,000 cash grant.

Venture Further Competition Finalists
and recipients of Venture On award

The annual Venture Further competition, run by the Masood Enterprise Centre, invites students and researchers from across The University of Manchester to submit their business proposal to an expert judging panel of enterprise and business professionals. Homely Energy was one of the five selected finalists in this years' competition. You can watch all of the Environmental Category entries here.

referral program