HVAC Breaking News / News

Sept. 23, 2011: Honeywell and Opower to Jointly Develop Energy Management Tools

September 23, 2011
/ Print / Reprints /
ShareMore
/ Text Size+
WASHINGTON — Honeywell and Opower have announced plans to jointly develop energy management tools to help consumers cut their energy use and expenses. According to the companies, they will combine Honeywell’s expertise in residential automation and control systems with Opower’s energy data analytics and customer engagement techniques to create cost-effective technology that will provide energy savings in the home and across the electrical grid.

Honeywell and Opower will initially launch a platform that includes a Web-connected programmable thermostat to help utilities boost energy efficiency programs, and drive deeper energy savings in the home. The technology will measure, analyze, and report homeowners’ electricity use, including detailed information from the thermostat, which controls the heating and cooling system — equipment that accounts for almost 50 percent of all residential energy consumption, noted the companies.

Consumers will be able to access the data from a Web portal or mobile application to give them a clear and comprehensive snapshot of their energy use and spending, the companies said. The technology will also suggest and automatically implement cost-saving changes, and will present equivalent data from similar families in the same geography to provide a benchmark and additional context.

“Empowering consumers to adjust how they use electricity starts with awareness,” said Jeremy Eaton, vice president of energy solutions for Honeywell. “But it doesn’t end there — they also need easy-to-use controls to implement changes and make them stick. We believe Honeywell and Opower will successfully combine information, motivation, and control to help homeowners reduce energy consumption and costs.”

The companies plan to pilot the new product with select utility partners over the next few months. The platform may eventually support utilities’ efficiency programs for light commercial customers, as well as demand response programs, which help temporarily reduce electricity consumption when energy use spikes and strains the grid. Honeywell also plans to sell similar products through residential contractors and retailers.

“Honeywell is the clear leader in manufacturing reliable control technology and it’s a brand trusted by millions all across the world” said Daniel Yates, CEO and co-founder of Opower. “We are very excited to work with Honeywell to help us extend our platform into the home, and deliver even more value to our utility partners and their customers.”

For more information about Opower, visit www.opower.com. For more information on Honeywell, visit www.honeywell.com.

Publication date: 09/19/2011

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 Energy Efficiency Forum

Highlights from the 25th annual Energy Efficiency Forum in Washington, D.C.

Podcasts

NEWSMakers: Mark Satterfield

Mark Satterfield, founder and CEO of Gentle Rain Marketing Inc. and author of “The One Week Marketing Plan” talks about his book and the importance of HVAC blogging. Posted on Sept. 19.

More Podcasts

ACHRNEWS

NEWS 09-22-14 cover

2014 September 22

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Venting R-22

The NEWS reported that a man received prison time for venting R-22. Should EPA step up enforcement?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con