ecobee Offers California Residents the Opportunity to Save on Rising Energy Costs

ecobee

Customers who enroll in the Cali ecosave program can purchase an ecobee smart thermostat starting at $10 to support a more reliable electrical grid

Posted July 20, 2023

TORONTO – July 19, 2023 – ecobee, a subsidiary of Generac Power Systems (NYSE: GNRC), today announced it is offering eligible customers in California’s hottest climate zones a $10 ecobee3 lite (regularly $149.99) or a $149.99 ecobee Smart Thermostat Premium (regularly $249.99) when they enroll in the company’s Cali ecosave program. Three thousand discounted thermostats are available, while supplies last.

Cali ecosave is a voluntary community energy savings program from ecobee that offers customers an incentive in return for helping to save energy during periods of high demand and helps support a more stable and reliable power grid in local communities.

“At ecobee, we are committed to offering innovative smart home solutions that address the current problems customers are facing, such as rising energy bills and increasing strain on the power grid caused by extreme heat,” said Chris Carradine, EVP of Energy at ecobee. “We’re eager to offer heavily discounted ecobee smart thermostats to eligible Californians to help them conserve energy and save money on their summer cooling bills without sacrificing comfort.”

Extreme weather can lead to grid instability and the risk of outages or brownouts in local communities, along with higher energy bills. According to the California Independent System Operator's outlook for summer 2023, the “grid remains vulnerable to high loads and availability of imports during widespread heat events, especially in late summer.” California residents currently spend about $220 per month on electricity, which adds up to $2,640 per year – 25% higher than the national average electric bill.

As part of California’s move towards cleaner energy, utilities in the state have transitioned customers to time of use rates, which make electricity prices more expensive during peak hours of the day, and lower at non-peak times. ecobee smart thermostats take into account energy prices, local weather, home energy performance, and custom comfort preferences to automatically cool homes when energy is less expensive and avoid cooling when energy is more expensive, all without impacting comfort. Customers who take advantage of this offer will be pre-enrolled in Cali ecosave helping them save money on their energy bills and also helping reduce stress on the power grid during peak times.

CLICK HERE to read the full press release.