Items Tagged with 'smart thermostats'

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Home Automation Products Gaining HVAC Industry Traction

Ease of Use, Options Improving as Prices Start to Come Down
By Jen Anesi
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In only a few years, the number of connected “smart” products for the home has increased exponentially as homeowners have shown more and more interest in being able to monitor and control their homes from nearly anywhere.


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July 31, 2014: NetworkThermostat Announces Cloud Service for Its Smart Thermostats

Company Now Offers Both Direct Connect and Cloud Connect Options
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NetworkThermostat has announced its CloudConnect™ service for the company’s Net/X™ Wi-Fi and Ethernet smart thermostats. CloudConnect provides Net/X users with the convenience of remote access using the cloud with no limits on the number of thermostats or locations under the user’s management.


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March 17, 2014: Home Energy Management Systems to Reach $2.8 Billion in Revenue by 2020

Non-Utility Providers and Smart Thermostats to Help Drive Steady Growth
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Until 2012, home energy management systems struggled to gain market traction, noted Navigant Research. More recently, however, non-utility stakeholders have moved into this segment, increasing awareness of new tools and helping to drive steady growth.


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Feb. 17, 2014: Smart Thermostats to Reach Nearly $1.4 Billion in Annual Revenue by 2020

Worldwide Revenue from Smart Thermostats Is Forecast to Grow from $86 Million in 2013
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Although the market for smart thermostats has struggled to gain traction, recent developments — particularly the purchase of smart thermostat maker Nest Labs by Google for a reported $3.2 billion — indicate that growth is likely to accelerate, according to Navigant Research.


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Oct. 7, 2013: Energy Efficiency Drives the Home Automation Market

Programmable and Smart Thermostats Are Top Technology Installed
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Home automation technologies that offer energy efficiency are the most popular type of installed home technologies among consumers in the United States, according to a study released by the Consumer Electronics Association (CEA)®.


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Oct. 2, 2013: Home Energy Management Market to Exceed $4 Billion in US by 2017

Early Devices such as Smart Thermostats Provide a Gateway to Further Adoption of Home Automation
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Currently valued at $1.5 billion, but with only 1.5 to 2.5 percent penetration in most states, the home energy management systems (HEMS) market is poised for significant growth, according to a report by GTM Research. The firm forecasts that the U.S. HEMS market will be worth over $4 billion by 2017.


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Sept. 23, 2013: Smart Thermostats Can Attract More Consumers to Energy Efficiency

Utilities Can Emphasize the Ease of Use and Non-Intrusiveness of Smart Thermostats
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Utilities already have many commercial and industrial (C&I) customers on demand response programs, curtailing power usage during peak times to balance the load over the course of a day. Smart thermostats offer the opportunity to get more residential customers on board with energy efficiency.


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Sept. 18, 2013: Honeywell Announces API Program with Home Automation Developers

Development Partners Will Provide Wider Range of Options for Homeowners
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Honeywell has announced an application programming interface (API) program that enables development partners to build application software that interfaces with numerous Honeywell Wi-Fi thermostats including the color-customizable Wi-Fi Smart Thermostat.


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Honeywell Challenges Nest’s Claims

National Advertising Division Issues Recommendations to Thermostat Manufacturer
By Jen Anesi
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Honeywell Intl. Inc., manufacturer of the original round thermostat and long-standing manufacturer of both nonprogrammable and programmable thermostats, recently challenged certain advertising claims made by newcomer and rival Nest Labs Inc., which first began selling its Nest Learning Thermostat™ in late 2011. 


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July 15, 2013: Smart Thermostats Being Enrolled in Calif. Demand Response Study

Thermostats to be Included in Southern California Edison’s Residential Demand Response Program
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EnergyHub and Southern California Edison (SCE) announced that EnergyHub is enrolling thermostats from a number of thermostat manufacturers and service providers as part of SCE’s residential demand response study on programmable communicating thermostats this summer.


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