PlotWatt Inc., a startup that helps people save money on their electricity bills, has raised $3 million in capital, according to SEC filings.

PlotWatt helps people reduce their energy bills by providing customized money-saving recommendations. Our cloud-based algorithms analyze smart meter data to figure out appliance level energy cost without monitoring the individual appliances. The PlotWatt Energy Dashboard then boils that insight down into easy-to-understand feedback and recommendations. Beta users have cut their bills by as much as 50%.