Siemens backs home energy management service provider, Emporia Energy, with its investment dollars.
In a significant move towards transforming smart home energy management, Siemens has made a strategic investment in Emporia Energy, a leading provider of home energy monitoring and management solutions. This partnership builds upon their previous collaboration that resulted in the launch of the Inhab Energy Monitor, a device offering real-time insights into home energy usage[1][2].
The Inhab Energy Monitor tracks power consumption across appliances, EV chargers, and solar generation systems, providing homeowners with the tools they need to optimize their energy consumption and reduce costs. The device aims to give homeowners more transparency and control over their energy systems[1][2].
As the number of electric vehicles (EVs), solar installations, and home energy storage systems continues to grow, the traditional electrical system becomes more complex and costly. Siemens, with its strength in power distribution and circuit protection, is partnering with Emporia Energy to address this complexity. The combined efforts are focused on developing innovative solutions for smart home energy management[1][2].
Jacob Middleton, Head of Residential Electrical Products at Siemens Smart Infrastructure USA, stated their commitment to driving innovation and creating greater value for residential customers in need of smart home energy management. The partnership between Siemens and Emporia Energy is intended to drive advancements in this field[1][2].
Emporia Energy specializes in smart home energy management solutions, and their expertise complements Siemens' technical capabilities. The collaboration between the two companies is aimed at transforming the field of smart home energy management, offering homeowners the ability to manage multiple power sources and devices efficiently[1][2].
This partnership reflects Siemens’ commitment to innovation in residential energy solutions and supports the broader trend of empowering consumers to manage rising energy demands efficiently and economically. Although there are no reports of further new product launches beyond the Inhab Energy Monitor in the latest updates, the investment indicates ongoing collaboration and expansion in this technology space[1][2].
In summary, Siemens' investment and partnership with Emporia Energy focus on advancing smart home energy management by leveraging combined strengths to deliver integrated, user-friendly systems that manage complex residential energy ecosystems in real time[1][2]. This collaboration is set to revolutionize the way homeowners interact with their energy systems, offering greater control, transparency, and efficiency.
[1] BusinessWire. (2021, July 13). Siemens and Emporia Energy Partner to Transform Smart Home Energy Management. Business Wire. https://www.businesswire.com/news/home/20210713005174/en/Siemens-and-Emporia-Energy-Partner-to-Transform-Smart-Home-Energy-Management
[2] Electrical Construction & Maintenance. (2021, July 13). Siemens invests in Emporia Energy for smart home energy management. Electrical Construction & Maintenance. https://www.ecmweb.com/news/8431059/siemens-invests-in-emporia-energy-for-smart-home-energy-management
- The partnership between Siemens and Emporia Energy is intended to drive the development of innovative smart home energy management solutions, enabling homeowners to efficiently manage multiple power sources and devices, such as smart-home devices and gadgets, through technology.
- As more homeowners embrace renewable energy sources like solar, electric vehicles, and home storage systems, this partnership aims to provide tools to simplify energy management, optimize energy consumption, and reduce costs, transforming the complex residential energy ecosystem.
