Does not recommend this product
As a former systems engineer at GE Electric and Gas in their European base in Florence, Italy, I can see multiple issues with this product.
Before I did into claims of PowerX, Manuel - you appear to be the Founder - can I ask about your qualifications in designing this product?
Please confirm this is your LinkedIn Profile.
https://www.linkedin.com/in/manuelschoenfeld/?originalSubdomain=qa
According to your profile Michael, you have degrees in "Chinese Studies" from Heidelberg University and an "International Business Administration" degree from Rotterdam School, neither of which are engineering or computer science degrees.
This product seems very technical in nature.
Simple question, who is actually designing this product and you have a Technical Co-Founder?
Do you have a working Prototype?
Do you have any Data to back up you claims of reducing Heating Bills?
I ask because as a former System Engineer, I was responsible for designing control systems for very large heating systems.
We have spent millions on developing these for home use and found that feedback control loop in heating is quite slow with a long "transient" and coupled with often the small water storage capacity of household, it lacks any meaningful improvement in efficiency.
We certainly didn't see a "65% reduction in heating bills" per the claim of your website.
We actually found that a simple on/off switch controller with an app that alerted users when to turn on and off their water heater (coming home from up) actually works best.
I look forward to hearing your comments.