Alphabet Inc. (GOOGL - Get Report) and Amazon.com Inc. (AMZN - Get Report) are looking to leverage their customers' home energy usage data to bolster their respective connected home and smart speaker technologies, according to a report in The Wall Street Journal.
The two Action Alerts PLUS holdings are seeking ways to expand their smart speakers, internet-connected thermostats and other devices to gather information on consumers' personal energy use.
The future of connected technologies could be a situation where solar panels, battery storage and electric vehicles all become part of a smart-home ecosystem, the Journal reported, and two of the biggest tech companies in the world are looking to get in on the ground floor.
Google has already struck partnerships with utilities and power providers in the U.K., Netherlands, Illinois, California and Texas. Google also has a deal with Reliant Energy, a Texas electricity provider owned by NRG Energy Inc. (NRG - Get Report) , according to the Journal.
Google bought home security camera and thermostat maker Nest Labs for $3.2 billion in 2014 while Amazon bought video doorbell maker Ring for more than $1 billion last year.
The companies' audio-enabled smart speakers have been envisioned as the central piece of these connected home ambitions.
"We want to mobilize consumers. If we can make, collectively, a lot of small changes across a large number of people, that has a large benefit to power providers, the grid, the environment and the consumer," Jeff Hamel, director of global energy and enterprise partnerships at Google, told the Journal.