|[April 22, 2013]
NRG Expands Nest Thermostat Partnership Through Its Retail Companies Reliant and Green Mountain Energy
PRINCETON, N.J. --(Business Wire)--
Energy, Inc. (NYSE: NRG) President and CEO David Crane today
announced an expansion of its successful partnership with Nest Labs,
Inc., to competitive markets nationally through two of its retail
Mountain Energy. Company. The announcement came just before Crane
and Nest Founder and CEO Tony Fadell spoke together about innovation and
the future of modern energy management at the 2013 Bloomberg (News - Alert) New Energy
Finance Summit in New York.
Last year, NRG's largest retail company, Reliant, became the first
competitive electricity provider in the U.S. to offer the Nest Learning
ThermostatTM. Reliant offered the Nest as part of a
fixed-price electricity plan to help customers better understand and
conserve energy. Beginning this summer, both Reliant and NRG's renewable
energy provider, Green Mountain Energy, will provide the Nest Learning
Thermostat as part of their local electricity plans.
Reliant customers throughout Texas will have three ways to save
electricity with Nest: the Reliant Learn & ConserveSM
plan featuring the Nest Learning ThermostatTM which
includes a free Nest; the new Reliant Free WeekendsSM plan
with Nest, the first plan to offer free energy charges all weekend,
along with a Nest thermostat; and the Degrees of Difference program
with Nest, which gives customers the opportunity to earn credits when
they conserve during times of expected high electricity usage and lets
tem access both of Nest's new services Rush Hour Rewards and Seasonal
Green Mountain Energy customers in Texas, Illinois, New York and
Pennsylvania who sign up for the Pollution Free™ Efficient with Nest
plan will receive Nest's Seasonal Savings Service beginning this
summer. Green Mountain Energy is Nest's only retail electricity
partner that is dedicated to cleaner energy.
"The success of our relationship with Nest and the enthusiasm of our
Texas customers for their learning thermostat speaks to the elegant
simplicity of Nest, and Americans' desire to be individually empowered
with smarter energy choices," Crane said. "It is NRG's goal to deliver
innovative energy options like the Nest, and we see this technology as
an important step toward reimagining how energy is produced and consumed
in the American home."
Energy Industry Innovation
At the Bloomberg New Energy Finance Summit, Crane discussed a
re-imagined industry in which consumers choose how much - if any -
energy they draw from the power grid for their daily use. NRG is
investing in disruptive technologies like home solar panels, electric
vehicle charging stations and smart energy solutions that will answer
customers' demands for energy choices in their daily lives.
"Strategic partnerships like this not only bring much needed innovation
to our very traditional sector of the economy, but are also a prime
example of how we are shifting the focus from what utilities and their
regulators want to what our customers need and want," Crane added.
The Nest learns about customers' lifestyles to automatically adjust the
temperature when they're away and creates a personalized schedule based
on temperature-change history. It also guides users to energy-efficient
temperatures when they're home.
"By expanding our relationship with NRG, we can continue working
together to turn the conversation away from cost alone toward a broader
discussion about energy choices," Fadell said. "Bundling the Nest
Learning Thermostat with energy plans was a great first step. Now, the
integration of Nest's new Rush Hour Rewards and Seasonal Savings
services promises to spark even more conversations about energy among
NRG, through its retail companies, is leading the smart grid revolution
with more than 700,000 customers using one or more of its smart energy
solutions. In just three years, the company has launched a series of 10
innovative new products and services designed to give customers the
tools and information they need to manage their electricity use and
change the way they think about energy.
For more information about NRG's energy conservation efforts and
corporate values, visit www.nrgenergy.com/responsibility/.
About NRG Energy
NRG is at the forefront of changing how people think about and use
energy. We deliver cleaner and smarter energy choices for our customers,
backed by the nation's largest independent power generation portfolio of
fossil fuel, nuclear, solar and wind facilities. A Fortune 300 company,
NRG is challenging the U.S. energy industry by becoming the largest
developer of solar power, building the first privately-funded electric
vehicle charging infrastructure, and providing customers with the most
advanced smart energy solutions to better manage their energy use. In
addition to 47,000 megawatts of generation capacity, enough to supply
nearly 40 million homes, our retail electricity providers - Reliant,
Green Mountain Energy and Energy Plus - serve more than two million
customers. More information is available at www.nrgenergy.com.
Connect with NRG Energy on Facebook (News - Alert) and follow us on Twitter @nrgenergy.
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