IoT News

Leap partners with SmartThings for energy flex connect programme

July 24, 2024

Posted by: Magda Dabrowska

Internet of things IoT smart connection and control device in network of industry and resident anywhere anytime anybody and any business with internet It technology for futuristic of the world

Image by jcomp on Freepik

Leap has announced a partnership with SmartThings, Samsung’s global connected living app, to offer a demand response programme to California and New York residents. The new SmartThings Energy Flex Connect programme will enable eligible users to earn Samsung rewards and save energy with their smart home devices while contributing to grid stability and lowering carbon emissions.

Through the SmartThings app, users can now earn Samsung Rewards points when they enable their devices such as smart thermostats, air conditioners, TVs, plugs, lights and appliances to automatically participate in grid events, saving energy during periods of grid strain without compromising on their home comfort. Leap’s software-only solution aggregates these energy reductions across participating SmartThings devices to deploy VPPs to balance the grid.

“Leap is thrilled to collaborate with Samsung SmartThings to empower its app users to play an active role in creating a cleaner, more resilient grid,” said Thomas Folker, Leap CEO and co-founder. “Leap serves as a single access point to energy markets and grids, simplifying the way users participate in the energy transition. SmartThings’ integration with Leap is making it easier for people to contribute to a sustainable future while managing their energy use efficiently.”

With extended periods of extreme temperatures becoming more common, spikes in electricity usage are increasingly straining the grid, causing an increase in energy bills and necessitating greater use of fossil fuel power plants. VPPs offer a cost-effective, reliable solution to address the growth in peak demand, enabling users to help lower the risk of blackouts in their communities while accessing new incentives.

With the flexibility to automate a wide range of loads, SmartThings Energy gives users even greater choice and control over their energy management. App users can adjust their participation selections at any time and leverage the app’s automation capabilities to make more informed decisions about their energy usage.

“At SmartThings, we’re all about helping users obtain greater flexibility and convenience with their smart home devices,” said Barry Holland, the director of product and business development at SmartThings. “Our SmartThings Energy partnerships do just that and empower our users with tools and information to monitor their energy consumption and save money. Our partnership with Leap is a crucial step in creating a greener and smarter world.”

Comment on this article below or via X: @IoTGN and visit our website IoT Global Network