Basis designs and manufactures an intelligent, connected residential electrical panel that replaces traditional switchboards. The product monitors real-time energy consumption at circuit level, providing homeowners visibility into their electricity use while enabling granular control. The system collects over 2.3 million data points every second from more than 120 inputs.
The company spent five years redesigning residential electrical infrastructure, starting with the switchboard itself. Basis built its own IANZ-accredited testing laboratory to verify performance and compliance, reflecting a commitment to rigorous standards validation. The smart panel is positioned as an upgrade to switchboards that have remained largely unchanged for nearly a century.
Basis operates from Auckland, New Zealand. The company's technology addresses two distinct customer needs: energy cost reduction, with claims of up to $1,500 in annual bill savings, and electrical safety enhancement, with claims of up to 90% fire risk reduction and 80% shock risk reduction. The product exceeds international safety standards and integrates with home energy management systems to support the clean-energy transition.
