Nest share results from three energy-savings studies that indicated, on average, the Nest Learning Thermostat saved customers about 10-12 percent on their heating bills and 15 percent on their cooling bills. 

Carrier Corp. announced that it has made a minority equity investment in ecobee Inc., marking an expansion in the parties’ strategic relationship following their collaboration to create the new Wi-Fi-enabled Carrier® Côr™ thermostat.

Carrier Corp. has made a minority equity investment in ecobee, marking an expansion in the parties’ strategic relationship following their collaboration to create the new Wi-Fi-enabled Carrier® Côr™ thermostat.

The number of homes in North America and Europe with a smart thermostat grew by 105 percent to 3.2 million in 2014, according to a new research report from Berg Insight. The North American market recorded 107 percent growth while the European market grew by 96 percent.

After only a handful of years in existence, the market for smart thermostats is now poised for growth, says Navigant Research. This market is being driven by the advent of a range of innovative devices and software that appeal to a variety of customer segments, particularly in North America and Europe.

Carrier has introduced a new smart thermostat that the company said fuses the convenience of smart device remote access with improved HVAC system efficiency. With a 3.5-inch, full-color touch screen, the Cor™ thermostat responds automatically via its built-in proximity sensor and welcomes users with an intuitive interface, said Carrier.

TXU Energy has announced a partnership with EnergyHub that gives its TXU iThermostat™ the added capability of location-based thermostat adjustments to enable automated energy savings and comfort.

Ecovent, maker of wireless vents and sensors for home HVAC systems, announced that it will showcase its smart thermostat system at the 2015 International Consumer Electronics Show (CES) in Las Vegas.

Purvis, the executive vice president and business leader of Emerson Climate Technologies Inc. and incoming chairman of AHRI, discussed HVACR industry trends, the strength of the industry, and Emerson’s new innovation center with Gargaro.

Nest Labs has become a North American Technician Excellence (NATE) Recognized Training Provider, registering its Nest Thermostat Installer Training to qualify for NATE continuing education hours (CEH).