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EnergyHub and Con Edison partner to bring the consumer face of the smart grid to New York City customers

EnergyHub Team

July 10, 2013

EnergyHub, Inc., a leading home energy solutions provider, today announced that it has been chosen by Consolidated Edison Company of New York (Con Edison), the regulated utility that provides electric service in New York City, as a partner for its Smart Grid pilot program in Queens. Con Edison, which serves more than 3 million customers, is a subsidiary of Consolidated Edison, Inc., one of the nation’s largest investor-owned energy companies. EnergyHub will provide selected Con Edison customers with its in-home Dashboard and Consumer Web Portal as well as other tools that allow consumers to track and control their energy usage for greater energy and monetary savings.

“Our partnership with Con Edison gives EnergyHub an exceptional opportunity to demonstrate the value of our solution for both the utility and its customers,” said Seth Frader-Thompson, CEO of EnergyHub. “We are thrilled to have a thought leader like Con Edison as one of our early customers.”

With one of the highest load densities in the world, New York City and its surrounding area represent the most complex and diverse test bed for urban and suburban Smart Grid performance. The objective of Con Edison’s $6 million Smart Grid pilot program is to build a Smart Grid prototype that would demonstrate many high-tech and intelligent components, including two-way communication between the company and the customer. With its easy-to-use system, EnergyHub will supply Con Edison with the crucial technology that will enhance the relationship between the energy provider and user.

“Working with EnergyHub, we look forward to introducing the Smart Grid to New York City. Together, we will make the city a model for showing how Smart Grid technologies can work in dense urban areas to improve service reliability and help reduce customers’ electric usage,” said Louis Rana, president and COO of Con Edison. “We’re also pleased that we have identified a qualified company within our service area to help us launch our Smart Grid program.”

The Dashboard, Socket, Power Strip, and Consumer Web Portal are key components of EnergyHub’s home area network (HAN) solution for utilities and consumers. They provide the combination of residential HVAC control, energy monitoring, and appliance management. The Dashboard’s intuitive touchscreen interface allows users to monitor and control all electrical devices and appliances in the home, and provides an “at-a-glance” overview of the home’s total electricity and gas use, both historical and in real time. The Consumer Web Portal gives residential customers detailed analysis of their energy usage, as well as remote control of their energy-consuming devices in the home. As two-way messaging platforms, the Dashboard and Consumer Web Portal display energy prices and peak-demand warnings, send customers energy-saving tips, and manage demand response events.

About EnergyHub

EnergyHub (www.energyhub.com) is the consumer face of the Smart Grid, helping home owners reduce energy consumption and save money. EnergyHub produces smart, simple, and cost-effective energy management tools that strengthen the relationship between consumers and utilities and solve today’s energy problems.

About Con Edison

Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation’s largest investor-owned energy companies, with approximately $14 billion in annual revenues and $33 billion in assets. The utility provides electric, gas, and steam service to more than 3 million customers in New York City and Westchester County, New York. For additional financial, operations, and customer service information, visit Con Edison’s Web site at www.conEd.com

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