60Hertz, Inc. is a microgrid investment company with a software product for managing rural energy systems. 60Hertz, founded by Piper Foster Wilder, has developed a Computerized Maintenance Management System (CMMS) for rural power plant operators, providing visibility to remote administrators that historically have relied on weekly faxes to verify that accurate operations and maintenance activities are taking place. With the 60Hertz software solution, administrators like Alaska Energy Authority or the Alaska Village Electric Cooperative can verify the Operator’s daily walkthroughs, fuel logs, and more. The 60Hertz software applies to power operators in emerging markets globally (such as in India and Africa), where conventional CMMS solutions can be cumbersome for operators — demanding high computer literacy, cellular and internet connectivity, and training and management.
AGC Services Provided
In 2018, Alaska Growth Capital provided a microloan to 60Hertz to support costs of developing a second version of its software, based on a prototype that was piloted in 14 Alaska communities.
“The financing that Alaska Growth Capital provided enabled our company to progress in product development. Without this loan, we would have been delayed for at least nine months in realizing our commercial goals. 60Hertz is now actively selling our solution to utilities across the state. Thanks AGC!”
Piper Foster Wilder – Founder and CEO / 60Hertz
All photos in this story by Nathaniel Wilder.