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Time-of-Use Thermostat Features

The ecobee eco+ Feature is Available as a Free Update

— November 7, 2019 — Tech
The ecobee eco+ feature has been announced by the smart thermostat brand as a free update that will enable users to take further control of their equipment and save even more money on energy costs each year. The feature is available for the ecobee3, ecobee3 lite, ecobee4 and ecobee SmartThermostat, and works by providing users with recommendations on how to optimize indoor temperature needs. The feature will also offer real-time energy demand information as well as time-of-use electricity pricing information to ensure users can maximize their money savings with the smart home control thermostats.

The ecobee eco+ feature will provide users with monthly snapshots to let them see how their savings compares with other users, while also providing helpful tips on increasing their overall savings.
Trend Themes
1. Time-of-use Thermostats - Utilizing time-of-use electricity pricing information to optimize indoor temperature needs and maximize energy cost savings.
2. Real-time Energy Demand - Providing users with real-time energy demand information to help them make more informed decisions about their energy usage.
3. Smart Home Control Thermostats - Offering smart home control thermostats with features like the ecobee eco+ to help users save money on energy costs.
Industry Implications
1. Smart Thermostat Industry - The smart thermostat industry can utilize the ecobee eco+ feature to enhance their products and provide more value to customers.
2. Energy Management Industry - The energy management industry can leverage time-of-use electricity pricing information to develop innovative solutions for optimizing energy consumption.
3. Home Automation Industry - The home automation industry can integrate smart home control thermostats into their systems to offer users more efficient and cost-saving solutions for controlling their indoor temperature.
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