Honeywell introduces home energy management software for utilities
Honeywell collaborates with Whisker Labs to offer utility customers software to implement intelligent energy management programs
Honeywell today announced it will offer its utility customers new intelligent home energy management software to help them maintain electrical grid stability. The software will help homeowners lower their energy costs and provide them with energy efficiency insights so they can see how their behaviors impact their monthly energy bills.
Honeywell is collaborating with Whisker Labs and will incorporate its Connected Savings Intelligent Demand Side Management (IDSM) technology platform into its portfolio of software and services for utilities. The platform enables utilities to manage demand response programs, which shift energy use when demand for electricity is greater than the available supply in order to prevent brownouts and blackouts. Connected Savings also enables a utility to correlate energy usage data from other connected thermostats and Whisker Labs' proprietary weather data to model how a specific home will respond to different weather conditions that impact energy use.
The software works with most Wi-Fi thermostat brands and models, and will work with Honeywell's recently launched Lyric T5 Wi-Fi thermostat by this summer, enabling homeowners to take advantage of programs offered by their local utility to reduce their energy bills while choosing how they manage their comfort.
"Utilities face a wide range of challenges, but they share the common goal of providing reliable and affordable power to their customers while helping them maintain comfort," said Nitin S. Kulkarni, president of Smart Energy, Honeywell Home and Building Technologies. "We know from experience that even small, incremental changes in energy use can yield significant results – from improving grid stability to trimming how much customers spend on their utility bills. Honeywell's work with Whisker Labs reflects our mutual commitment to deliver impactful services and technologies that drive these changes."
Connected Savings supports utility demand response and energy efficiency programs by integrating data from connected devices with its proprietary data to model, manage and optimize home energy usage. This allows utilities to send intelligent instructions directly to a participating homeowner's thermostat to temporarily reduce home energy use when demand threatens grid stability, while maintaining the homeowner's comfort. The platform's communications capabilities also allow utilities to send signals to change thermostat temperatures and scheduling for customers who opt in to energy efficiency programs for increased energy savings.
Other Connected Savings features include:
Thermodynamic modeling – Connected Savings' proprietary, hyper-local weather data is correlated to thermostat data to create a detailed and precise thermodynamic model for each individual home. With this model, custom real-time instructions are sent to control the thermostat to maximize energy efficiency, optimize demand response and maintain homeowner comfort.
Scorecards with actionable insights – Using information from the thermodynamic modeling, the platform provides homeowners with scorecards detailing home efficiency down to the equipment level, along with tips for improving efficiency and boosting energy savings.
"By collaborating with Honeywell, Whisker Labs is able to bring our innovative demand side management platform, Connected Savings, to market with a proven leader and innovator," said Robert Marshall, chief executive officer, Whisker Labs. "Together, we will bring our energy intelligence to more utilities and consumers, helping save energy during peak times and anytime that heating and cooling is used, while enabling a more sustainable environment."
The Connected Savings platform complements Honeywell's broad portfolio of hardware, software and services for utilities, which span customer marketing and engagement expertise to advanced metering infrastructure and technology, as well as smart, connected thermostats. Honeywell and Whisker Labs will demonstrate the technology at the DistribuTECH 2017 Conference and Expo Jan. 31-Feb. 2 in San Diego. Homeowners interested in these capabilities should contact their local utility to determine if they are participating in this program.