EchoStar And DISH Join Industry Effort To Improve Set-Top Box Energy Efficiency
ENGLEWOOD, Colo., Dec. 6, 2012 /PRNewswire/ -- EchoStar Technologies L.L.C., a wholly-owned subsidiary of EchoStar Corporation (NASDAQ: SATS), a leading global satellite services provider and developer of hybrid video delivery technologies, and DISH (NASDAQ: DISH), a leading pay-TV provider, are committing to the design, manufacture and sale of new energy-efficient set-top boxes (STBs). EchoStar is the exclusive provider of set top boxes to DISH, including DISH's award-winning Hopper™ Whole-Home DVR.
EchoStar and DISH are part of a coalition of pay TV industry leaders, serving more than 90 million U.S. TV households, that is working to promote the design and distribution of energy efficient STBs. The Set-Top Box Energy Conservation Agreement covers DVRs and non-DVR STBs that are included in pay TV subscriber packages. The coalition will meet regularly to review and update energy efficiency goals as technology advances allow additional energy savings to be realized.
"EchoStar is a current ENERGY STAR™ partner, and has been focused on energy efficiency for some time. The Hopper™ Whole-Home DVR and Joey™ thin-client devices we produce for DISH offer subscribers up to a 50% reduction in power consumption over previously available industry configurations," said Mark Jackson, president, EchoStar Technologies. "EchoStar has taken a worldwide leadership role in energy efficient pay TV solutions and we look forward to promoting energy efficiency with our colleagues across the entire industry."
Multichannel video service providers, including DISH, are pledging that 90% of the set-top boxes purchased will meet ENERGY STAR Set-Top Box Program V3 efficiency levels by the end of 2013. By comparison, DISH's current ENERGY STAR partnership requires 50% of purchases meet the highest energy efficiency rating.
"The advanced features our subscribers love such as whole-home HD DVR, Blockbuster @Home™, Primetime Anytime™ and AutoHop™ are currently delivered using one of the industry's most energy efficient solutions, the Hopper™ and Joey™," said Vivek Khemka, vice president of product management, DISH. "We look forward to continuing our ENERGY STAR Service Provider Program partnership as well as supporting the industry's voluntary initiative." Nationwide, the initial commitments of the Set-Top Box Energy Conservation Agreement are projected to save up to $1.5 B (about 12.5 TWh) per year of residential electricity use as the agreement is fully realized. This means four fewer power plants will be required eliminating an estimated 16 million metric tons per year of carbon dioxide emissions. The voluntary agreement among the companies will take effect January 1, 2013. For more information about EchoStar, please visit www.EchoStar.com. For more information about DISH, please visit www.dish.com. SOURCE EchoStar Corporation
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
