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Eragy Introduces Energy Management and Smart Home Monitoring Services

Company to preview Home Energy Monitoring, Home Energy Management, and Smart Home Monitoring applications at CEDIA EXPO in Atlanta

Durham, North Carolina – September 21, 2010 – Eragy, Inc., a leading provider of smart home software applications and services for home energy management and monitoring, today unveiled their first suite of applications for Control4 dealers and homeowners. With its unique vision, Eragy is the only company in the industry delivering home energy monitoring, intelligent home energy management and smart home monitoring services.

Meeting the need for new smart home services

The Eragy team recognized the need for new smart home services that would allow custom electronics integrators to take advantage of their installed base of smart home customers and generate new sources of revenue. Eragy enables integrators to offer a new suite of software applications that provides sources of both near-term and ongoing recurring revenue. In addition, Eragy enables these same dealers to acquire new customers by offering homeowners desirable new services such as home energy management that are currently unavailable from other sources.

Eragy infrastructure for delivering new applications

Eragy’s applications and services are enabled by a cloud-based Applications Services Architecture, which enables Eragy to continuously add and enhance applications and allows dealers to continuously offer new services to their customers. Eragy’s platform allows dealers to easily install new services for their clients and provides the ability for dealers to configure and manage their Eragy clients via a web-based account manager.

Eragy establishes leadership position in home energy management

Eragy’s initial suite of software applications will enable homeowners to monitor their energy consumption and better understand how they can reduce their energy bills. Eragy’s products are designed to work with a number of 3rd party energy monitors and will give homeowners several options for whole house and individual circuit monitoring. Homeowners can conveniently access Eragy’s energy services from their TV screen, iPad, touch screen, smart phone, or web browser.

Eragy’s intelligent home energy management application provides additional benefits to homeowners. Eragy supports “time of use” and “demand” based electricity pricing and enables homeowners with access to these rate options to save up to 30% off their monthly electric bills.

This intelligent home energy management is made possible by Eragy’s proprietary energy management algorithms that allow homeowners to realize significant energy savings automatically, without any need for a “smart grid” or other utility notifications. This is coupled with the company’s proprietary utility rate engine that tracks both standard plus time of use, tiered, and demand pricing from electrical utilities and automatically feeds this information into Eragy’s home energy management app to enable homeowners to maximize their savings.

Eragy enables Control4 dealers to generate recurring revenue

Eragy’s initial products are designed to work seamlessly with affordable Control4® home automation systems. Eragy’s home energy monitoring, home energy management, and smart home monitoring applications will enable Control4 dealers to improve their current business models and generate additional recurring revenue. Eragy’s applications will be available to Control4 dealers and homeowners via the company’s 4StoreTM Application Marketplace.

“We see endless opportunities for Control4 dealers to expand their customer base via a new generation of smart home services that generate recurring revenue, “ said Mark Komanecky, Eragy’s Vice President of Sales and Marketing . “We view Control4 as a valued partner and as a leader in the affordable home control market. Eragy’s apps will provide tremendous benefits for homeowners and help Control4 dealers expand their product and service offerings.”

“The Eragy Energy 4StoreTM Application and the Eragy Energy driver allow homeowners to monitor and manage their home’s energy consumption right from their TV,” stated Eric Smith, Chief Evangelist, Control4, “Innovative apps like these truly enhance the usability and functionality of a Control4® system and provide dealers with valuable solutions for their customers.”

“Recurring service revenue has become a very important component of our business model,” said Craig Heim, General Manager at simpleHome, a CEPro 100 custom electronics integration firm and Control4 dealer. “We are very excited to offer Eragy’s home energy management and monitoring applications as they provide us with very compelling service offerings for both new customers and our existing Control4 clients.”
Eragy will be demonstrating its applications at the Control4 booth #1836 at upcoming CEDIA EXPO 2010 from September 23-26 at the Georgia World Congress Center.

About Eragy
Eragy, Inc. is a leading provider of smart home software applications and services. Eragy’s initial services include home energy monitoring, intelligent home energy management and smart home system monitoring. Homeowners can conveniently access Eragy services from their TV screen, iPad, touch screen, smart phone, or web browser. Eragy users can achieve energy cost savings of up to 30% per month. Eragy enables its dealers to generate recurring revenue via energy monitoring and management and smart home monitoring services. For more information please visit www.eragy.com.

Press Contact: Mark Komanecky, Eragy, [email protected], 508-709-0899
Copyright© 2010 Eragy Inc. All rights reserved.