EnergySage and Schneider Electric Team to Promote Solar and Energy Efficiency

New program drives increased solar energy and smart thermostat adoption for more sustainable future

Press Release

BOSTON, MA – June 1, 2016

EnergySage, the online solar marketplace, and Schneider Electric, the global specialist in energy management and automation, have teamed up to encourage energy efficiency for homeowners through solar energy systems and Wiser Air™ by Schneider Electric, a Wi-Fi smart thermostat.

The recently formed relationship includes joint marketing efforts in a number of different mediums, including community-based programs, such as Sunny Cambridge, a collaboration with the City of Cambridge, Massachusetts, and direct consumer outreach initiatives.

Wiser Air will be featured in a number of EnergySage-managed solar programs as an incentive to encourage early consumer adoption of solar systems in these programs. The newly launched site features a promotion offering a $300 cash incentive to individuals who own a Wiser Air and that go solar through EnergySage.

“Smart thermostats are a great way to ensure that consumers manage their energy consumption efficiently,” said Vikram Aggarwal, founder and CEO of EnergySage. “We see the Wiser Air Wi-Fi smart thermostat as an exciting new product that encourages energy management similar to solar energy.”

“By working together, Schneider Electric and EnergySage can help owners achieve their energy efficiency goals through intelligent energy management and increased use of renewable energy sources,” said Yann Kulp, vice president of SmartSpace, Schneider Electric. “With solar-generated electricity powering the home and the innovative features of Wiser Air making it easy to manage energy use, the consumer is in control of driving a more sustainable future.”

According to Parks Associates, about 4 million smart thermostats were sold in the U.S. in 2015, nearly 40 percent of the total number of residential thermostats sold in the year. Navigant Research estimates that the global smart thermostat market reached $250 million in 2015 and is expected to reach $2.3 billion by 2023, an average annual growth rate of 32 percent.

About Schneider Electric

Schneider Electric is the global specialist in energy management and automation. With revenues of ~€27 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. www.schneider-electric.com/us
For more information on Wiser Air, please visit www.wiserair.com.

About EnergySage, Inc.

EnergySage provides the first comprehensive online marketplace for consumers and businesses interested in converting to solar energy. By enabling people to comparison shop for “apples-to-apples” competitive quotes from pre-screened installers and financiers, the EnergySage Marketplace typically delivers cost-savings of up to 20 percent when compared to going directly to installers. EnergySage also simplifies today’s complex solar industry by providing tools and unbiased information that enable people to fully understand their product and financing options as well as their return-on-investment scenarios. Many leading organizations have forged partnerships with EnergySage to promote the adoption of solar energy, including Connecticut Green Bank, Staples, Walgreens and the World Wildlife Fund. For more information, please visit: www.energysage.com.