New York, NY – May 4, 2016 - EnergyHub, the leading provider of connected device management for utilities, today announced that it is enrolling the Nest Learning Thermostat into its industry-leading Bring Your Own Thermostat® (BYOT) demand response programs.
Nest, celebrated for its innovative approach to home products such as the thermostat, is the latest device manufacturer to be added to EnergyHub’s Mercury demand response platform to facilitate participation in BYOT programs. BYOT is a customer-centric approach to demand response that allows consumers to buy and install the thermostat of their choice and enroll that thermostat in a utility demand response program.
EnergyHub can now manage the enrollment and dispatch of Nest’s Rush Hour Rewards – the highly successful, turn-key demand response solution. Rush Hour Rewards uniquely manages each thermostat’s temperature to maximize the load reduction while still keeping customers comfortable. With EnergyHub dispatching demand response events to Nest thermostats, utilities can now manage the Rush Hour Rewards program in parallel with other load-shedding devices.
EnergyHub’s Mercury platform is the most widely deployed BYOT platform for utilities. Combining sophisticated, data-driven demand response capability with a customer enrollment portal designed specifically for onboarding BYOT customers, Mercury includes all of the tools necessary for a utility to rapidly stand up a BYOT demand response program.
Beyond its sleek design, the Nest Thermostat offers a wide range of features that help customers stay comfortable while managing home energy consumption. It remembers what temperatures customers like, creates a custom schedule for the home, and turns itself down when everyone is away. Nest has been proven by independent researchers to save customers, on average, about 10 to 12 percent on their heating bills and about 15 percent on their cooling bills.
In addition, Nest’s energy services provide utilities with the cost-effective EE and DR they need while driving customer satisfaction and engagement with a great product and service.
“Nest’s commitment to offering innovative solutions for energy management is a great fit with our own approach to demand response,” said Seth Frader-Thompson, Co-Founder and President of EnergyHub. “We’re excited to add Nest as a BYOT partner to provide our utility customers with a great demand response asset – and to help them offer their customers a new way to manage home energy consumption.”
“Our goal at Nest is to help customers stay comfortable and address home energy consumption,” said Ben Bixby, director of energy and enterprise business at Nest. “By working with EnergyHub, we’re able to offer more Nest customers the opportunity to participate in utility demand response programs, getting greater value out of the Nest Learning Thermostat.”
EnergyHub is the connected home solution for utilities. Our mission is to ensure that utilities get maximum value out of connected devices and the smart home. EnergyHub’s industry-leading Bring Your Own Thermostat® (BYOT) demand response service helps utilities take advantage of customer-installed devices to rapidly launch and scale a load control program, while our direct install demand response capability allows utilities to deploy a branded connected thermostat experience. Dozens of utilities rely on EnergyHub to deliver critical demand response services. EnergyHub is an independent subsidiary of Alarm.com (NASDAQ: ALRM), the leading technology provider of connected home solutions. For more information, visit www.energyhub.com.
Marketing Manager, EnergyHub