Welcome!

News Feed Item

The Results Are In: Nest Announces Energy Services Savings

One year after launching Nest energy services, Nest Labs, Inc. (www.nest.com) today announced the results of its Rush Hour Rewards™ and Seasonal Savings™ programs. In summer 2013, Rush Hour Rewards delivered an average of 55 percent energy reduction in residential air conditioning loads during peak times while Seasonal Savings™ helped customers lower their overall air conditioning runtime by 4.7 percent.

This summer, Nest is introducing enhanced Rush Hour Rewards and Seasonal Savings programs, as well as adding new energy partners across the U.S., Canada and the U.K.

“In just one year, Nest energy services have achieved significant savings – and we’ve managed to do this without compromising customer comfort,” said Tony Fadell, Nest founder and CEO. “In fact, 84 percent of customers who participated in Rush Hour Rewards and 89 percent of customers who participated in Seasonal Savings told us they were just as comfortable as they were before they participated in our energy service programs. This is critical to the adoption and ultimate success of these programs.”

Rush Hour Rewards helps people save money or earn credits from their energy providers by using less energy when everyone else is using more. With Seasonal Savings, a Nest thermostat uses its knowledge of a customer’s schedule and preferences to gradually fine-tune the temperature schedule to help save more energy. Both services are powered by Nest’s proprietary Auto-Tune™ technology and offered only through Nest’s energy partners.

Rush Hour Rewards 2.0 gives Nest energy partners the flexibility to choose between day-ahead deployment (customers are notified the evening prior to the event and the event lasts for two to four hours) or instant Rush Hour Rewards (customers can choose to be notified 10 minutes before the event and the event lasts for 30 minutes). The new option of a shorter event allows Nest energy partners to react quickly to changing weather conditions in specific geographical areas. Both versions of the program provide 55 percent energy reductions on average during peak-load times without compromising comfort.

Seasonal Savings is becoming more personal and flexible. Previously, Nest had two specific dates on which the company initiated adjustments for summer and winter. Seasonal Savings 2.0 will continue to make small, half-degree temperature adjustments over a three-week period. However, recognizing different weather and climate patterns across regions and homes, Seasonal Savings will be customized for each customer based on personal preference and weather profiles. This will increase the overall energy saved, continue to keep customers comfortable, and help with even wider adoption.

New Nest Energy Partners

To offer more people the opportunity to earn money and save energy, Nest is expanding its energy partnerships globally, adding npower in the U.K. and Columbia Gas of Ohio, ComEd, CPS Energy and Direct Energy in the U.S. These companies join more than 12 existing Nest energy partners – including NRG Energy, its subsidiaries Reliant and Green Mountain Energy, Direct Energy Canada, National Grid, Austin Energy, Infinite Energy and Southern California Edison – in offering instant rebates and exclusive offers for the Nest Learning Thermostat™, as well as introducing ways to save energy with Rush Hour Rewards and Seasonal Savings.

New energy partner terms include:

  • Columbia Gas of Ohio — Serving approximately 1.4 million customers, Columbia Gas of Ohio is the largest natural gas utility in Ohio. With a $50.00 instant rebate off a $249.00 Nest Learning Thermostat, customers will receive a comprehensive home energy audit that includes the installation of a Nest Learning Thermostat and energy efficient showerheads for $199.00. For more information, visit www.nest.com/columbia-gas-ohio.
  • ComEd — ComEd provides service to approximately 3.8 million customers across Illinois, or 70 percent of the state's population. ComEd customers can earn up to $140.00 for purchasing a Nest Learning Thermostat and participating in Rush Hour Rewards for the summer. For more information, visit www.nest.com/comed.
  • CPS Energy — CPS Energy is the largest municipally owned electric and gas utility in the U.S. The utility’s customers in the Greater San Antonio area who purchase the Nest Learning Thermostat and enroll in Rush Hour Rewards will receive a one-time $85.00 credit on their account and be eligible for an annual $30.00 credit at the end of demand response season.
  • Direct Energy — One of the largest providers of electricity, natural gas, and home services in North America, Direct Energy has extended its Nest coverage area from Canada to many parts of the U.S. Direct Energy plans to make available an offer that includes a Nest Learning Thermostat, giving customers the opportunity to save on energy costs and reduce energy use in time for the hot summer months. In some markets, Direct Energy will also offer other incentives for the Nest Learning Thermostat, as well as access to Rush Hour Rewards and Seasonal Savings. For more information, visit www.nest.com/direct-energy.
  • npower — RWE npower is a leading integrated energy company in the U.K. npower is offering customers who sign up for the new npower energy tariff “Intelligent Fix – 2017” a Nest Learning Thermostat with installation (valued at £279.00 if purchased alone) for just £99.00 starting today. For more information, visit www.nest.com/npower.

“We’re focused on giving customers across Canada and the U.S. greater convenience, control and empowerment in managing energy use in their homes and small businesses, along with competitive low rates,” said Direct Energy president and CEO Badar Khan. “The Nest Learning Thermostat is an innovative product that helps Direct Energy deliver not just electricity, but a real boost in household and small business management power.”

Rush Hour Rewards and Seasonal Savings Availability

Rush Hour Rewards and Seasonal Savings are available only to customers of both Nest and a participating Nest energy partner. For more information, visit www.nest.com/energy-partners. For Nest energy savings white papers, visit www.nest.com/thermostat/saving-energy. Energy companies interested in learning more about Nest’s services can register for the Nest Energy Partner Webinar to be held at 10:00 AM PDT on May 22, 2014. Learn more at www.nest.com/webinar or contact [email protected].

About Nest

Nest reinvents unloved but important home products, like the thermostat and smoke and CO alarm. The company focuses on delighting customers with simple, beautiful and thoughtful hardware, software and services. The Nest Learning Thermostat™ and Nest Energy Services offerings address home energy consumption, and Nest Protect: Smoke + Carbon Monoxide™ helps keep people safe. Nest products are sold in the U.S., U.K. and Canada, and are installed in more than 120 countries. For more information, visit www.nest.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
IT organizations are moving to the cloud in hopes to approve efficiency, increase agility and save money. Migrating workloads might seem like a simple task, but what many businesses don’t realize is that application migration criteria differs across organizations, making it difficult for architects to arrive at an accurate TCO number. In his session at 21st Cloud Expo, Joe Kinsella, CTO of CloudHealth Technologies, will offer a systematic approach to understanding the TCO of a cloud application...
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Secure Channels, a cybersecurity firm, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Secure Channels, Inc. offers several products and solutions to its many clients, helping them protect critical data from being compromised and access to computer networks from the unauthorized. The company develops comprehensive data encryption security strategie...
SYS-CON Events announced today that App2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. App2Cloud is an online Platform, specializing in migrating legacy applications to any Cloud Providers (AWS, Azure, Google Cloud).
The goal of Continuous Testing is to shift testing left to find defects earlier and release software faster. This can be achieved by integrating a set of open source functional and performance testing tools in the early stages of your software delivery lifecycle. There is one process that binds all application delivery stages together into one well-orchestrated machine: Continuous Testing. Continuous Testing is the conveyer belt between the Software Factory and production stages. Artifacts are m...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Cloud resources, although available in abundance, are inherently volatile. For transactional computing, like ERP and most enterprise software, this is a challenge as transactional integrity and data fidelity is paramount – making it a challenge to create cloud native applications while relying on RDBMS. In his session at 21st Cloud Expo, Claus Jepsen, Chief Architect and Head of Innovation Labs at Unit4, will explore that in order to create distributed and scalable solutions ensuring high availa...
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, d...
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
In his session at @DevOpsSummit at 20th Cloud Expo, Kelly Looney, director of DevOps consulting for Skytap, showed how an incremental approach to introducing containers into complex, distributed applications results in modernization with less risk and more reward. He also shared the story of how Skytap used Docker to get out of the business of managing infrastructure, and into the business of delivering innovation and business value. Attendees learned how up-front planning allows for a clean sep...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost ...
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...