SAN FRANCISCO--(BUSINESS WIRE)--Genability, the energy insight technology company, announced that Lowe’s®, the world’s second-largest home improvement retailer, is using Genability technology in Iris™, its new cloud-based smart home solution. Iris™ is an affordable system that will give homeowners the ability to control and interact with their homes from anywhere.
“Energy management is an integral part of our smart home vision. By incorporating Genability, we are able to tell homeowners not just what energy they are using, but what their energy choices are costing them,” said Kevin Meagher, Lowe’s vice-president and general manager of Smart Home. “Providing consumers with energy knowledge is a vital piece of our smart home initiative.”
“The simple, integrated and affordable nature of Iris™ represents a significant breakthrough in empowering all homeowners,” said Jason Riley, Genability’s CEO. “Not every kilowatt costs the same. Iris™ gives homeowners the information and tools they need to be smarter about home energy.”
Iris™ will be available in Lowe’s stores and on Lowes.com mid-2012.
Genability provides energy service & technology companies, energy professionals, and utilities, the tools, data and services they need to empower their customers to be smarter energy users; from choice of suppliers and tariffs, to choice of when and where to use, generate, store and sell power. Founded in 2010, Genability has the most comprehensive energy and tariff data available, coupled to its powerful real time rate engine, and insight algorithm's. Details available at: www.genability.com. Developer tools at https://developer.genability.com and for energy professionals at https://explorer.genability.com.