SmartThings Energy, a new service within Samsung Electronics’ Internet of Things (IoT) app, empowers customers to take control of their energy use by delivering real-time data on where and how energy is consumed in the home.
SmartThings Energy is evolving into a smart energy management solution capable of encompassing the energy use of every item in a home, and even integrating newer, renewable energy sources such as solar, thanks to the enormous growth of its partnership network.
Continue reading to learn more about this revolutionary new service and how it is empowering consumers to make wise decisions that lower their energy bills as well as their carbon footprint.
SmartThings Energy: A Smarter Way to Manage Energy Consumption
The capacity to monitor and evaluate the energy used by devices and appliances connected to the SmartThings platform is the key capability of SmartThings Energy. Users are given a full view of how their gadgets consume energy, allowing them to take control of their energy consumption and lower their monthly energy expenditure.
The service can not only be used to automatically convert appliances to low-energy mode and prevent appliances from running while no one is at home, but it can also inform you when your energy consumption exceeds monthly targets. SmartThings Energy can also leverage energy billing system information, such as peak hour rates, to assist you in adjusting your energy usage and, as a result, lowering your energy expenditures.
SmartThings Energy is now available in Korea, India, the United States, and the United Kingdom, and it supports the majority of Samsung Home Appliances and HVAC (heating, ventilation, and air conditioning) products.
SmartThings Energy is expected to grow into more regions in the future, as well as provide interoperability with a variety of Works With SmartThings (WWST) 3rd-party partners.
Creating Alliances for More Powerful Smart Energy Management
When developing their smart energy management solution, Samsung envisaged SmartThings Energy as a means of empowering consumers to control how energy is used in their homes and make smarter, greener decisions at home.
“Through SmartThings Energy, we are exploring collaborations with major energy providers around the world to provide a comprehensive perspective of energy consumption,” said Chanwoo Park, Vice President and Head of IoT Business Group at Samsung Electronics.
“Through these collaborations, we hope that SmartThings customers will be able to make more informed choices about their energy consumption, which will not only save them money but also help them lead a more eco-conscious lifestyle.”
These partnership efforts kicked off with two major agreements recently announced in Korea. The These collaboration initiatives were launched with the recent announcement of two important agreements in Korea.
The first, developed in collaboration with Korea’s largest electric utility company, Korea Electric Power Corporation (KEPCO), will provide energy usage information from KEPCO to SmartThings Energy for users who have given consent, implying that users will have access to information about their entire home’s energy consumption in addition to SmartThings-connected devices. This service will be available to Korean consumers later this year.
This advancement lays the framework for whole-home energy monitoring with Advanced Meter Infrastructure (AMI), or smart meters, via SmartThings Energy in locations all over the world.
The second deal, announced in early July 2021, is a collaboration between SmartThings Energy and Q CELLS, a renowned worldwide solar manufacturer. SmartThings Energy will be able to link to Q CELLS’ solar modules, energy storage systems, and energy management systems as part of this arrangement. Users will be able to monitor and control how they create, save, and use solar power once this solution is ready, optimizing their energy use for both cost efficiency and sustainability.
The SmartThings Ecosystem: Collaborating for the Benefit of the User and the Environment
SmartThings Energy is one of the newest services available on the SmartThings platform, which also includes SmartThings Cooking, Clothing Care, and Air.
When such solutions and services are combined with Samsung’s leading intelligent home appliances, mobile and wearable devices, and other lifestyle products, users can not only customize their lifestyles to prioritize a more sustainable future, but they can also enjoy optimal convenience and efficiency in their routines, home management, and other areas.
The SmartThings ecosystem and accompanying gadgets are the next step toward completely personalized and sustainable living. Stay tuned to the Samsung Newsroom for the most up-to-date information on SmartThings Energy and the SmartThings ecosystem as it expands.
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