...Schneider, Arcadia Power team on 'no-upfront-cost' smart thermostat deal

Schneider Electric, Arcadia Power team on ‘no-upfront-cost’ smart thermostat deal

Schneider Electric formed a partnership with Arcadia Power, a nationwide energy-as-a-service company, to enable U.S. customers to outfit their homes with Schneider Electric’s Wiser Air WiFi Smart Thermostat with no upfront cost. The program enables customers nationwide to connect their local utility to Arcadia Power’s sophisticated utility billing platform.

How it works

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Through the partnership, after customers sign-up with Arcadia Power, Schneider Electric will send Wiser Air Smart Thermostats directly to customers’ homes anywhere in the U.S. for $0-upfront. Arcadia Power will then manage the customer’s monthly power bill, and its save-as-you-use program enables customers to pay for the thermostat with energy savings gained over time using the energy-efficient Wiser Air thermostat.

Wiser Air couples Schneider Electric’s energy management expertise into a tool that effortlessly delivers energy efficient comfort. Its Eco IQ self-learning feature frees users from constantly having to enter desired temperature set points or create a schedule, which is 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 percent for users with its efficient, self-learning technology.

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“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 program 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.”

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 programs.

Schneider Electric and Arcadia Power are both working to incorporate bill-saving demand response and time-of-use programs 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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