AUSTIN, Texas – December 15, 2016 – CURB, the high-tech start-up maker of the world’s most powerful and intelligent home energy monitoring systems, today announced that their proprietary hardware and software have been chosen by Schneider Electric, the global specialist in energy management and automation, as the intelligence core for its Square D smart load centers.
According to Forrester Research, home energy management is the leading driver of smart home interest for US home owners, ahead of security monitoring and other Internet of Things (IoT) devices. GreenTech Media predicts the market for home energy management systems to exceed $4 billion by 2017, including non-utility subscription services, thermostats, smart appliances and hardware sales. “The question is not whether it will be utilities or another entity” that own the relationship with the customer, they assert, “but rather which entity will have the most compelling connected home offering.”
“The circuit breaker panel is the single location that connects everything in your house, making it the natural place to bring a layer of intelligence,” explains CURB’s CEO, Erik Norwood. “By measuring each of the major zones and appliances, it’s possible to know exactly what’s going on … and what might be going wrong. And who better to partner with than Schneider Electric, the global leader in the residential electrical distribution and protection sectors.” The fusion of technologies from Schneider Electric and CURB will transform regular houses into efficient Smart Homes – helping customers save money, increase safety and maintain appliances. Fortune Magazine says that CURB’s energy monitoring system is “the smartest way to start because it gives you real-time energy consumption data for your entire home.” They call it “an instant money saver.”
The partnership with Schneider Electric provides bankability and negotiating leverage to the growing start-up, which only recently started distributing its technology through a variety of channels. According to Mario Ramos, Vice President of Strategy and Product Management at Schneider Electric, “Bringing IoT connectivity to load centers is a critical evolution of the smart home. Working with CURB allows us to bring the most accurate and reliable energy monitoring system to our customers to redefine the delivery of power.” This vote of confidence is backed by Schneider Electric’s Senior Vice President of Final Distribution, Yan Golaz, who explains that “CURB is an innovative energy monitoring device that can be safely installed in Square D load centers without voiding the warranty, as a result of interoperability tests conducted since the inception of the partnership.”
Curb, Inc. is an American corporation that designs, manufactures and sells the most powerful and intelligent integrated hardware and software systems for visualizing and managing energy in residential and commercial settings. Curb’s systems have been available on Amazon Prime since 2015. Curb is headquartered in Austin, Texas. Power your life. Smarter.
About Schneider Electric
Schneider Electric is the global specialist in energy management and automation. With revenues of ~$30 billion in FY2015, our 160,000+ employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this Life Is On.
CONTACT for CURB
+1 (512) 382-8990
CONTACT for SCHNEIDER ELECTRIC
+1 (978) 975-9334