REZI - Ford and Resideo Launch 'EV-Home Power Partnership' Project Driving Vehicle-to-Home Energy Management Benefits for Customers | Benzinga
- Ford and Resideo are exploring new areas of value for customers who own an F-150 Lightning and a Resideo smart thermostat to help enable potential monthly electric bill savings, increased comfort and more efficient home energy use
- This first-of-its-kind collaboration between Ford and Resideo builds on Ford's Intelligent Backup Power technology to explore customer benefits never before possible with gas-powered vehicles through pairing a smart electric vehicle (EV) directly with smart home solutions
- The simulation project will explore how electric vehicles and homes can share the same EV battery energy source and smartly interact with each other for the benefit of the customer and the electric grid
DEARBORN, Mich. and SCOTTSDALE, Ariz., Dec. 7, 2023 /PRNewswire/ -- Today, Ford and Resideo Technologies, Inc. (NYSE:REZI) announced a joint simulation project to explore vehicle-to-home (V2H) energy management called the "EV-Home Power Partnership," designed to explore the potential of electric vehicle batteries to support optimal home energy management. The project will explore, test and quantify the customer benefits of pairing bi-directional EV charging with a Resideo smart thermostat to help customers potentially save money on monthly electric bills, reduce strain on the U.S. electric grid and enable use of cleaner energy, while helping ensure homeowner comfort.
Ford, the first in the U.S. to introduce a full-size electric truck capable of bi-directional charging for the home in North America, and Resideo, a global provider of solutions for home comfort, First Alert security and safety, and leading provider of residential load management programs for utilities, are exploring home energy management value for customers never before possible with internal combustion engine vehicles.
The F-150 Lightning already has the capability to power the home in the event of an outage through available Intelligent Backup Power. The EV Home Power Partnership project will simulate the integration of Resideo's smart thermostats with the energy stored in the battery on the F-150 Lightning, which can be smartly coordinated to help power the home's heating and cooling systems.
The project is designed to assess how coordination of bi-directional EV and a smart thermostat can reduce the overall energy needed by the home during times of electric grid stress while minimizing energy usage during the most expensive hours each day by automating the home to match a consumers' Time-of-Use (TOU) electricity rate. Additionally, it ...