“EcoFactor adds advanced energy management capabilities across our entire device ecosystem,” said Jim Johnson, senior vice president and general manager of iControl’s Austin Division. “Our vision is to give consumers a 360 degree view of their energy usage, as well as the tools to make smart energy decisions with the touch of a button. This partnership is making that vision a reality.”
iControl Networks’ open platform connects energy management devices to EcoFactor’s data analytics algorithms, which optimize and automate thermostats and other energy management devices. With reach through an expanding network of service providers that offer smart home solutions, the energy management service is already available to over 50 million households in North America. The EcoFactor service enables customers to keep track of their HVAC energy use and savings anytime via the service provider’s web portal.
“Our expertise in data-driven energy services helps service providers to simultaneously deliver significant energy savings as well as enhanced comfort,” said John Steinberg, executive vice president of business development at EcoFactor. “Offering fully automated energy management to consumers who have access to the iControl solution is a big step toward our goal of making effortless savings available to everyone.”
Publication date: 10/7/2013