North America held the largest market share in 2015, Asia-Pacific expected to hold the major share by 2022
March 8, 2016
The global home energy management system (HEMS) market is forecast to grow from $864.2 million in 2015 to $3.15 billion in 2022, increasing at a compound annual growth rate (CAGR) of 18.36 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.
ecobee Inc. announced that its ecobee3 smart Wi-Fi thermostat with room sensors is the first thermostat to be directly compatible with the Amazon Echo system, offering homeowners added convenience and comfort through Amazon’s cloud-based voice service, Alexa.
Homes in the pilot that integrated with WeatherBug Home saved three times more electricity
February 9, 2016
Consumers who integrated WeatherBug Home’s HVAC control and optimization capabilities with their connected thermostat saved 16.5 percent when cooling their home as compared to 5.1 percent HVAC savings using a connected thermostat –– saving 11.4 percent more in HVAC energy use — according to results from a pilot study.
Users of the LUX/GEO can participate in demand response
January 25, 2016
Coming off the launch of its new Wi-Fi thermostat, the LUX/GEO, LUX Products Corp. has announced a collaboration with New York-based EnergyHub, a leading connected device solution for electric utilities, to power the application technology behind LUX Products’ new LUX/GEO smart thermostat.