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TMCNet:  Honeywell and Opower Partner Release New Technologies

[February 01, 2013]

Honeywell and Opower Partner Release New Technologies

Feb 01, 2013 (Close-Up Media via COMTEX) -- Honeywell and Opower have introduced new technology that will help utilities attract more homeowners to voluntary programs that curb the demand for electricity and help create a stable and effective energy grid without new power plants.

According to a release, the Energy Management Platform drives program participation by giving homeowners the latest tools to balance comfort, convenience and cost. It also merges demand response and energy-efficiency programs for utilities, traditionally separate activities, to streamline deployment and management, and boost overall results.

According to a 2012 E Source survey of more than half of the demand response programs in the U.S., the average participation rate for residential customers is 13 percent. Honeywell and Opower expect the new platform to drive rates to at least 20 percent, a more than 50 percent increase, due to consumer-friendly features like mobile access to energy information and control.

In addition, the platform uses measurement techniques to deliver ongoing, verifiable energy savings every day, savings accepted by regulatory agencies, which utilities can count toward their annual efficiency goals.

The Energy Management Platform combines Honeywell's Wi-Fi thermostat and Akuacom utility management software with Opower's interactive, cloud-based application to give homeowners the ability to view and adjust energy use from anywhere via smartphone or the Web. The app offers tips and coaching to help increase efficiency and deliver long-term savings.

"As separate efforts, demand response and efficiency programs can offer significant benefits to utilities and customers, but it's typically been hard to measure and verify their effectiveness," said Alex Kinnier, senior vice president of Product Management at Opower. "By combining these efforts and providing a way to help utilities generate real, measurable savings, we've created a new, more cost-effective and capable model." "Program participation can't be a one-way proposition," said Jeremy Eaton, vice president and general manager of Honeywell Smart Grid Solutions. "To maximize enrollment, utilities must provide real, tangible benefits to consumers. We're bridging the gap by providing mobility, relatable energy information, precise control and other features customers want so utilities can reach deeper levels of connectivity and participation." More information: www.honeywell.com ((Comments on this story may be sent to newsdesk@closeupmedia.com))

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