Renew Home

Website

www.renewhome.com

Renew Home is an innovative energy management platform empowering millions of homeowners to achieve energy savings through their connected smart devices, primarily starting with smart thermostats. By integrating energy-smart features directly into home device experiences, the platform intelligently adjusts energy usage, shifting consumption to times when electricity is more affordable, cleaner, or when the grid experiences less stress. This optimization not only simplifies energy savings for individual users but also contributes to a larger collective impact, building massive savings potential and gigawatts of capacity for the grid.

The company's solutions cater to a diverse clientele, including individual energy bill payers seeking to reduce costs, energy providers aiming to enhance grid reliability, and device manufacturers looking to embed smart energy capabilities into their products. For homes, Renew Home offers automated "Energy Shift" features that optimize heating and cooling usage without additional costs, allowing users to track their savings over time while maintaining control over their devices. This personalized approach fosters comfort while promoting efficiency.

For energy providers, Renew Home delivers a predictable and scalable grid resource by aggregating energy shifts from millions of participating households. This creates gigawatts of virtual power plant (VPP) capacity, offering essential grid support and a more cost-effective solution utilizing existing infrastructure. The platform addresses the rising demand for energy in the U.S. by providing an efficient and flexible means to balance the grid, contributing to a cleaner and more responsive energy ecosystem. Renew Home was formed through the merger of Google Nest Renew and OhmConnect, leveraging deep expertise in energy and consumer products to drive the future of virtual power plants.

Locations

• Oakland, California