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SmartThings Energy, a new service within Samsung Electronics’ Internet of Things (IoT) app, allows users to take control of their energy consumption by providing real-time information on where and how energy is being used within the home.
Thanks to extensive growth of its partnership network, SmartThings Energy is growing into a smart energy management solution able to encompass the energy consumption of every appliance in a home, and even integrates such newer, renewable energy sources as solar.
This innovative new service is empowering consumers to make smart decisions that reduce both their energy bills and their carbon footprint.
SmartThings Energy’s core capability is its ability to monitor and analyze the energy used by devices and appliances connected to the SmartThings platform.
Users are provided with a comprehensive view of how their devices use energy so they can take control of their energy consumption and reduce their monthly energy bill.
Not only can the service be harnessed to automatically switch appliances to low energy mode and prevent appliances from running when no one is at home, the service can also notify a person when his energy consumption exceeds monthly targets. SmartThings Energy can also use energy billing system information, including peak time rates, in order to help consumers adjust their energy usage and subsequently minimize energy costs.
Available in Korea, India, the US and the UK, SmartThings Energy currently supports most Samsung Home Appliances and HVAC (heating, ventilation, and air conditioning) products. In the future, SmartThings Energy is set to expand into more regions and support compatibility with a range of Works With SmartThings (WWST) 3rd-party partners.
When developing their smart energy management solution, Samsung envisaged SmartThings Energy as a way to empower users to be able to control the way energy is used throughout their homes and make smarter, greener decisions at home.
“We are pursuing partnerships with major energy providers around the world to provide a comprehensive view of energy consumption through SmartThings Energy,” noted Chanwoo Park, Vice President and Head of IoT Business group at Samsung Electronics. “We believe that through these partnerships, SmartThings users will be able to make more informed choices about their energy consumption that 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 first, made 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, meaning that users will have access to information about their entire homes’ energy consumption beyond just those devices connected to SmartThings. This service will be available for users in Korea starting later this year.
This development will set the groundwork for allowing whole home energy monitoring with Advanced Meter Infrastructure (AMI), or smart meters, through SmartThings Energy in regions around the world.
The second agreement, announced in early July 2021, is a partnership between SmartThings Energy and Q CELLS, a global leading solar manufacturer. Under this agreement, SmartThings Energy will be able to connect to Q CELLS’ solar modules, energy storage systems, and energy management systems. Once this solution is available, users will be able to monitor and control how they generate, save and use solar power, optimizing their energy consumption for both cost efficiency and sustainability.
SmartThings Energy is one of the latest services available on the SmartThings platform, which currently consists of such handy smart solutions as SmartThings Cooking, Clothing Care and Air.
When such solutions and services come together with Samsung’s range of leading intelligent home appliances, mobile and wearable devices and other lifestyle products, users can not only customize their lifestyles in ways that prioritize a more sustainable future, but also enjoy optimal convenience and efficiency in their routines, home management and more.
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