Customers can own and pay for Wiser Air through energy savings gained over time through energy-efficient devices
Energy management and automation specialist Schneider Electric has announced a partnership with energy-as-a-service company Arcadia Power to enable US customers to outfit their homes with its Wiser Air wifi smart thermostat with no upfront cost.
It is claiming the agreement is an industry-first for smart thermostats and will enable US customers nationwide to connect their local utility to Arcadia Power’s utility billing platform.
Once customers sign-up with Arcadia Power, Schneider Electric will send Wiser Air Smart Thermostats directly to customers’ homes anywhere in the US for $0-upfront cost. Arcadia Power will then manage the customer’s monthly power bill, and its save-as-you-use programme enables customers to pay for the thermostat with energy savings gained over time using the energy-efficient Wiser Air thermostat.
"Wiser Air is a leader in the home energy market for smart, easy-to-use solutions that help homeowners simplify energy efficiency," said Yann Kulp, vice president of Residential Energy Solutions, Schneider Electric. "Through our programme with Arcadia Power, we are able to make these smart thermostats available to customers in a cost-effective manner, and build on our commitment to delivering innovation at every level."
Wiser Air’s Eco IQ self-learning feature frees users from constantly having to enter desired temperature set points or create a schedule - a common requirement of most smart thermostats available online today - and only requires them to provide feedback when they’re uncomfortable. Wiser Air has been shown to reduce energy costs by as much as 30 per cent for users with its efficient, self-learning technology.
Arcadia Power partners with leading conservation groups like the Sierra Club to promote clean energy and energy efficiency for residential customers. Its utility billing platform provides customers across all 50 states with an easy way to manage utility bills and access wind energy, energy efficiency, and community solar programmes.
"Thermostats are the energy ’brain’ of the home, and with Wiser Air we can upgrade all customers at no cost to them," said Kiran Bhatraju, founder and CEO of Arcadia Power. "Not only will customers have more control with the smart thermostat, but they’ll save money over time. It takes just three minutes to make their home smart and efficient."
Schneider Electric and Arcadia Power are both working to incorporate bill-saving demand response and time-of-use programmes into the $0 down thermostat offer. Through this partnership, the two companies continue to demonstrate their commitment to making environmentally friendly energy choices available to everyone.
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