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Google’s smart home device business, Nest, is increasing its ties to the utility industry by adding another partner to bring its smart thermostats into homes to reduce energy consumption and provide that unused power back to utilities in times of peak power demand.
Last year the company inked an agreement with OhmConnect and it has now signed another deal with the startup Leap. While the OhmConnect deal helped Nest manage end customer sign-ups, in its deal with Leap, sign-ups are handled through Nest’s Rush Hour Rewards program and Leap provides the exchange through which reduced power is provided to the utility.
Agreement - Way - Leap - Power - Pacific
The agreement will be another way for Leap to provide power to Pacific Gas & Electric under its existing 45 megawatt contract with the utility.
“Google Nest is an excellent partner to have as we continue our efforts to deliver much-needed flexible capacity in California – their decision to join the Leap Exchange is a wonderful example of using today’s increasingly smart and responsive appliances as assets that...
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