Siemens invests in home energy management provider Emporia Energy

Smart infrastructure specialist Siemens has made a strategic investment in Emporia Energy, a pioneer in smart home energy management solutions aimed at helping homeowners to optimize their energy consumption and costs.

Siemens, in collaboration with Emporia, previously launched the Inhab Energy Monitor solution, which provides real-time insights into home energy usage. The device enables homeowners to track power consumption across appliances, including EV chargers and solar generation systems, and offers recommendations to reduce costs and improve efficiency.

The advent of EVs, solar installations and home energy storage systems has increased the complexity (and costs) of the traditional electrical system, and homeowners need to manage multiple power sources and devices to optimize their energy consumption. Inhab is designed to give homeowners more transparency and control over their energy systems.

“Our evolving relationship with Emporia underscores our commitment to driving innovation and creating greater value for our residential customers that have a growing need for smart home energy management,” said Jacob Middleton, Head of Residential Electrical Products at Siemens Smart Infrastructure USA. “Combining our strength in power distribution and circuit protection with Emporia’s expertise in developing a suite of Smart Home Energy Management hardware and software offerings allows both companies to advance our combined commitment to transform smart home energy management.”

Source: Siemens