BENEFFICE’s strategic objective is to reduce wasted energy by incentivising various consumer types in the wide energy consumer market. A novel ecosystem will be developed which enables and incentivises long-term energy consumption savings. BENEFFICE ecosystem leverages novel IoT enabled, low-cost, “plug-and-play-and forget” devices, energy disaggregation and an innovative empowerment and rewards approach based on an alternative monetary currency so as to change consumers’ energy consumption behavior to reduce wastage of energy and increase the use of renewable resources in the energy mix. Customers will be incentivized to follow these paths voluntarily, through the application of novel business models that provide monetary rewards in return for progress along each personalized pathway and help build an online community of likeminded actors.