News Briefs

Green Mountain Power launches smart water heater program, offers savings

Green Mountain Power announced Tuesday, May 23, that it has a  new  way for customers  to be part of the energy revolution by reducing energy use, saving money and helping GMP reduce peak energy demand for all customers.

GMP’s new eSmartwater program includes an Aquanta™ smart water heater controller that lets clients heat water when needed, and save money when they don’t. The Aquanta gets installed on an existing water heater to bring it out of the basement and into the palm of your hand to provide convenient control and hot water usage information.

The program also includes a Nest Learning ThermostatTM to help reduce overall energy costs. Nest Thermostats use technology to find ways to make heating or cooling a home more efficient, making small but impactful changes that can save money. The Nest Smart App also provides remote monitoring and control of the temperature, so clients can make adjustments from its mobile app, even when away from home.

“This is another step forward in radically transforming the grid to a system that is more cost-effective and home-, business- and community-based,” said Green Mountain Power President and CEO Mary Powell. “As an energy transformation company, GMP is committed to leveraging the latest technologies to drive down costs for customers, while empowering customers to increase comfort and reduce fossil fuel use. This new program builds on our work with Tesla and others to shave peak demand costs, saving money and reducing reliance on the bulk grid system.”

The eSmartwater program is only 0.99 cents per month for both the Aquanta and Nest Thermostat. And as part of the program, GMP will be able to lower costs for all customers by leveraging water heaters during periods of peak energy demand, when energy is the most expensive. The Nest Thermostat alone saves an average of $131 to $145 in annual savings per customer. GMP will partner with local contractors for installation.

Aquanta is a “Works with Nest” partner, meaning all the technology is seamlessly integrated.

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