This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

NRG And ThinkEco Bring Energy-Saving Technology To Businesses

Texas businesses have a powerful new tool to monitor and manage electricity, thanks to an innovative technology relationship between NRG Energy, Inc. (NYSE: NRG) and ThinkEco ( www.thinkeco.com). The first application is the new modlet ® Smart Outlet, a ThinkEco product offered by Reliant, an NRG company. The Smart Outlet is a cloud-based, energy-efficiency solution that tracks plugged-in equipment and wirelessly sends real-time usage data to Internet-connected computers, smartphones or tablets. Businesses can use this information to control energy use and help achieve savings of as much as 30 percent per device.

The Smart Outlet fits easily onto any standard electrical outlet, making the technology platform scalable to commercial environments of any size. More than 25 percent of the average office electricity use today goes to plugged-in equipment and appliances. Managers can centrally control and monitor their devices through a web browser, or by using ThinkEco’s free iPhone ® and Android ® apps.

Reliant is the first retail electric provider in Texas to offer a solution of this type to its large commercial customers or customers whose peak usage is greater than 1 megawatt.

“The Smart Outlet initiative with ThinkEco gives business customers more control to lower their usage and a better understanding of their larger energy footprint,” said Elizabeth Killinger, Retail Regional President, NRG. “The Smart Outlet reflects our commitment to exploring creative energy solutions to help companies reach sustainability goals and manage costs.”

By monitoring energy use, business managers can understand daily, weekly or monthly patterns and adjust as needed. By scheduling the Smart Outlets, businesses can end vampire power, also called standby power, from devices that draw energy even when switched off or in sleep mode. Customers also can set on/off schedules for individual devices or whole departments.

“We are excited to work with NRG and Reliant to offer our solution to their large commercial customers to address their current and future needs,” said Matthew Tolliver, Vice President of business development at ThinkEco. “Reliant and NRG’s philosophy of using smart technologies to empower energy customers resonates with our core mission and our desire to continue innovating in this space.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs