Schneider Electric launches AI-powered home energy management feature for Wiser Home
06 September 2024 - 7:40AM
UK Regulatory
Schneider Electric launches AI-powered home energy management
feature for Wiser Home
Schneider Electric announced its artificial
intelligence-powered feature is now live on the Wiser Home app.
This new feature is available to Wiser Home users in Spain,
Portugal, France, Germany, and Austria.
Schneider Electric, the leader in the digital transformation of
energy management and automation, today announced its artificial
intelligence-powered feature is now live on the Wiser Home app.
Recently recognized as the world’s most sustainable company,
Schneider Electric continues to lead in smart home energy
management with cutting-edge solutions to support homeowners,
homebuilders, and electrical installers.
Schneider’s new feature is a market first, providing
AI-optimized energy management of two of the biggest power loads in
the home – water heaters and electric vehicle chargers - via a
single app, Wiser Home. Wiser Home is Schneider Electric’s home
energy management solution that provides energy monitoring,
control, and optimization. The new feature, developed entirely
in-house by Schneider Electric, optimizes energy bills through
automated load management and predictive energy consumption
scheduling tailored to users’ lifestyles.
As a predictive algorithm, the AI-powered feature learns from
user habit data and preferences, real-time weather forecasts,
tariff data, power contract limits and solar production capability
to optimize energy saving by shifting two of the biggest power
loads in the home. The feature is based on proprietary technology
developed entirely in-house by Schneider Electric; all user data is
kept and managed by Schneider with no external data transfers so
users can rest assured that their data is secure.
Buildings account for 37% of global operational energy and
process-related CO2 emissions, with homes accounting for
approximately 20% of this. As more people address their home
emissions through electrification and New Energy Landscape
technology, such solar panels, EV chargers and heat pumps, home
energy management systems are more complicated than ever. In
addition to this, there is the rise of dynamic tariffs that aim to
incentivize off-peak energy consumption as energy prices have
increased to record levels. Facing this complicated reality,
Schneider’s new AI-powered solution addresses the mental burden
homeowners have when aiming to optimize their energy use and reduce
their energy bills.
The feature can determine and anticipate the cost-effective
periods to power your EV charger or heat your water tank thanks to
its weather forecasting and dynamic tariff capabilities. It can
align EV charging and water heating with cost-effective periods
while considering daily needs, for example travel times and
distances or the daily number of showers for family members, to
make sure your EV and hot water is ready to go when it is
needed.
Homeowners can control how the AI feature is deployed in their
home. Schedules and forecasts can be easily adjusted to either
pause to avoid wasted energy consumption during vacations for
example, or the scheduled consumption can be overridden to
immediately begin EV charging or water heating.
The new feature particularly benefits households with solar
panels. The AI algorithm learns from solar energy production and
utilizes weather data to estimate solar production availability and
takes this into account when planning how to shift loads throughout
the day, including which loads run whilst energy is being
produced.
In lab testing of this AI solution carried out by Schneider,
homeowners with solar panels saw predicted annual savings of
between €400-500, and homes without solar panels saw savings
between €100-150. This simulation was based on French market data,
considering two loads - EV charger and water heater - and two
sources – grid and solar. Actual savings may differ from estimated
savings depending on home installation and energy provider.
Michael Lotfy Gierges, Executive Vice President, Home &
Distribution Division, Schneider Electric, commented: “With record
energy costs and record temperatures, homeowners are looking for
tools and technology that can help them better manage their energy
consumption and cut their energy bills. Artificial intelligence
provides an entirely new level of optimization that can empower
homeowners to be more efficient and save money, without
compromising on comfort.”
Mr. Gierges added: “Here at Schneider Electric, we are proud to
be at the forefront of developing innovative solutions that help
drive efficiency and electrification, always with the guiding
principle of working towards a more sustainable future. Our new AI
feature is a prime example of this and addresses a real consumer
need to simplify optimized management of their household energy
consumption.”
This new feature is available to Wiser Home users in Spain,
Portugal, France, Germany, and Austria who have the Wiser Hub,
Schneider Electric PowerTag energy sensors, a Schneider EV charger
(EV Link Home Smart, Schneider Charge or EV Socket) and Power
micromodule (water heater controller) installed. Schneider Electric
will continue to invest in this technology, launching it as a
premium feature next year covering larger loads in the home to help
home energy use be as efficient as possible.
- Schneider Electric launches AI-powered home energy management
feature for Wiser Home_Press_Release.pdf
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