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Comcast to offer smart thermostat service via EcoFactor

Date: 02/28/2012

Company: EcoFactor

Source: GigaOm

Cable giant Comcast plans to offer a smart thermostat and energy efficiency service to its Xfinity Home customers via startup EcoFactor. While Comcast started providing a home security and home energy management product to customerslast Summer, the EcoFactor service will add another layer, enabling Xfinity Home customers to have an EcoFactor-enabled connected thermostat automatically shave off tiny increments of their heating and cooling and lowering their monthly energy bill.

EcoFactor launched back in late 2009, with a premise to use smart algorithms and connected thermostats to make an energy efficiency service automated and smart. The company’s software learns the home owners’ behavior and tweaks the connected thermostat’s settings ever so slightly to shave off energy consumption, but also to maintain a comfortable temperature in the home. Customers can manually override the settings at any time. Think of it like Nest’s learning thermostat, but without the slick hardware.

Read full story at GigaOm

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