Latest funding round brings total funding to $34 million
October 19, 2015
The venture capital unit of Siemens AG and Statkraft Venture Capital has invested alongside the venture capital funds of Target Partners, Shortcut Ventures, BayBG, and others.
Thermostat saves 10 to 12 percent on heating bills and about 15 percent on cooling bills
September 1, 2015
Nest Labs Inc. today announced the third generation Nest Learning Thermostat, which has a slimmer profile, a high-resolution screen that’s 40 percent larger, and an updated user interface to make it easier to read temperatures, alerts, and messages.
The so-called “thermostat wars” in office buildings have been written about in both the consumer and trade media. Some in the office say it’s too hot. Others say it’s too cold. Building operators, and their HVAC contractors, try to find a satisfactory solution, but it’s elusive, as shown in a study by Software Advice.
Combination is positioned to better serve the HVACR industry
August 11, 2015
Emerson Climate Technologies has announced the integration of its White-Rodgers and Flow Controls businesses into a single organization as of Oct. 1, 2015. Jack Huether, president of White-Rodgers, an Emerson executive with over 30 years of experience in the HVAC industry will assume responsibility for the new entity.
Know the product. Don’t fumble through it or roll your eyes when talking about the technology. A few contractors did that when I was getting bids a few months back, and it made them look like they were stuck in the past.
Nest to partner with American Family Insurance, Liberty Mutual Insurance
August 3, 2015
Nest Labs Inc. announced sweeping refreshes and redesigns across the company’s entire product portfolio with the introduction of Nest Cam, the second-generation Nest Protect, new features for the Nest Learning Thermostat, and a brand new app.
Designed to measure temperature and occupancy in multiple locations throughout the home, ecobee Inc.’s ecobee3 smarter Wi-Fi thermostat with remote temperature sensors increases comfort and saves energy.
HVAC contractors should enjoy the ride and make money for as long as these products are hot. Make money by upselling a customer when you are replacing a system or by getting called out on a service call where a do-it-yourself homeowner has messed up the installation.
Thermostat Recycling Corp. (TRC) set a record for mercury thermostats collected in 2014 — the highest collection amount in the 17 years of the program’s history.