ecobee Announces Beta Launch Of Home IQ™ - Providing Customers With Personalized Insights Into Their Energy Savings

Sep 25, 2012, 10:00 ET from ecobee Inc.

TORONTO, Sept. 25, 2012 /PRNewswire/ -- ecobee Inc., makers of the award-winning Smart and Smart Si thermostats announced the beta launch of Home IQ™- a value-added service that provides customers with personalized insights into their home's energy efficiency.

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"ecobee's Home IQ takes thousands of data points, automatically collected through a customer's ecobee thermostat, and uses advanced math and physics to create a model that learns about our customers' home, and provides them with insights into their home's energy performance," said Stuart Lombard, ecobee's President and CEO. He continued, "Over the last 3 years, ecobee has collaborated with some of the brightest scientists in the field of energy conservation. We're delighted to announce the beta launch of this unique and innovative ecobee service."

ecobee's Home IQ is integrated into each customer's ecobee Web Portal.  Home IQ displays the customer's ecobee rating (a relative assessment of a home's energy performance), their estimated monthly energy savings, monthly heating and cooling summaries, details on performance influencing factors such as the weather and average set point, HVAC runtime reports and more. 

Lombard continued, "For most people, it is difficult to understand their homes' energy performance without an expensive home energy audit.  ecobee's Home IQ provides many of the benefits of a personal home energy audit, at no additional cost. Our goal is to answer questions like; 'How energy efficient is my home? How can I optimize my settings to drive more savings? How do my energy savings compare to those of other ecobee customers? Do I need to upgrade my insulation or weather strip my home?' Home IQ is just another example of how ecobee continues to bring innovative, value added services to all of our customers."

ecobee plans to build upon the existing Home IQ beta platform to add further insights into their customers' home energy performance.  

ecobee delivers intelligent energy management solutions. Installed in homes and businesses across North America, the ecobee Open Energy Management Platform is the easiest way for residential and commercial customers to understand, manage and reduce their energy consumption. Servicing both the Utility and HVAC markets, ecobee's line of Wi-Fi enabled thermostats, online web portals and smart phone apps are the products of choice for ease of use, energy efficiency and demand response programs. ecobee has also won significant industry awards which include the ASHRAE/AHR Innovation Award for Building Automation, the Dealer Design Gold and Silver Awards and the Deloitte Green 15, among others. ecobee is supported by a network of over 2,200 quality HVAC contractors and distributors across North America.

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SOURCE ecobee Inc.