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EcoFactor Awarded 10th U.S. Patent for Home Energy Management Services
By: Marketwired .
Jan. 8, 2013 11:00 AM
REDWOOD CITY, CA -- (Marketwire) -- 01/08/13 -- EcoFactor®, the leader in predictive cloud-based services for home energy management, was awarded a United States patent for the optimization of plug-in air conditioners and heating systems, on December 25, 2012.
EcoFactor's latest U.S. patent (No. 8,340,826) covers a novel method for extending the benefits of the company's cloud-based energy management system to plug-in air conditioners and space heaters. It is the 10th patent the company has received for its innovative approach to residential energy management. A large number of additional EcoFactor patent applications are currently pending.
EcoFactor's down-to-earth application of cloud computing combines weather information with knowledge gained from connected thermostats. Its services apply proprietary analytics and algorithms and make ongoing, individualized micro-adjustments to each connected home's temperature settings. It delivers double-digit percentage reductions in HVAC bills for consumers, as well as double-digit increases in demand response yield -- even as it increases consumer satisfaction and comfort.
"This patent points the way to a great application of our approach to big cities and other environments where centralized HVAC is less common. It will enable EcoFactor to offer significant savings and other tangible benefits to a whole new group of consumers," said John Steinberg, executive vice president and co-founder, EcoFactor. "EcoFactor has been zigging where others zagged for quite a while now. Getting this kind of recognition from the U.S. Patent and Trademark Office never gets old, and encourages us to continue to add to our portfolio of patents as we bring our services to consumers throughout North America."
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