HVAC Breaking News / News

Aug. 24, 2012: Ingersoll Rand Invests in Energy Management Company Powerhouse Dynamics

August 24, 2012
BOSTON — Powerhouse Dynamics, creator of the eMonitor™ energy management system, announced that Ingersoll Rand has made a strategic investment in the company.

“Consumers are increasingly interested in understanding their energy usage and identifying ways in which they can address controlling their energy usage at a device level. The integration of Powerhouse Dynamics’ eMonitor into Nexia™ Home Intelligence enhances our customers’ ability to control their energy usage through their Nexia systems. Our investment in Powerhouse Dynamics strengthens our partnership, and allows both companies to better achieve their visions for the integrated product line,” said Aine Denari, director of strategy for Ingersoll Rand Residential Solutions.

Nexia Home Intelligence, a smart home automation system that leverages the technologies of Trane and Schlage, enables consumers to remotely manage functions of their home, including heating and cooling, door locks, video surveillance, lights, shades, and energy usage via any Web-enabled computer and most smartphones. The eMonitor monitors and analyzes all devices that use (or generate) energy in a home or small business at the circuit level, enabling customers to eliminate energy inefficiencies and better manage appliances and equipment, said the company. Through the integration, consumers can remotely access their energy usage through the Nexia Home Intelligence platform and leverage the eMonitor’s analytics and alerts engine.

“We are delighted to welcome a company like Ingersoll Rand as an investor,” said Powerhouse CEO Martin Flusberg. “This investment represents a really powerful endorsement of our products and strategy, and will clearly enable us to build on what has already been a very productive relationship.”

The integrated Nexia Home Intelligence - eMonitor platform will be available soon through select Trane HVAC dealers and builder partners.

For more information on Powerhouse Dynamics’ eMonitor energy management system, visit www.powerhousedynamics.com.

Publication date: 8/20/2012

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