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EcoFactor

EcoFactor: Our users see big energy savings

Homes using EcoFactor for controlling their heating and cooling have seen on average a 17 percent reduction in energy use, the company announced Thursday.

In conjunction with local utilities and home service providers, Silicon Valley-based EcoFactor collected data from homes in both pilot and commercial programs using two-way thermostats connected to the company's software platform.

EcoFactor's software collects over 24,000 pieces of data daily to profile a home's thermal characteristics. It monitors things like weather forecasts, and the home's temperature and its HVAC (heating, ventilation and air conditioning) system, then mathematically analyzes the most opportune … Read more

'Smart' thermostats to get test run in Texas

A thermostat technology that's intended to significantly reduce energy bills is about to become available for use in actual homes.

EcoFactor, the developer of a software platform for a two-way "smart" thermostat, announced Thursday its dynamic system for regulating home heating, ventilating, and air conditioning (HVAC) systems will be offered through a pilot project in the Dallas-Fort Worth, Texas, metro area.

In addition to turning heat or air conditioning on and off at set times or specified temperatures, the system monitors the thermal behavior of the home, as well as daily outdoor temperatures and weather forecasts. It … Read more

Cleantech Open winner offers stable environment

EcoFactor has been awarded Cleantech Open's national award, which includes $100,000 in seed capital.

The awards ceremony for one of the leading environmental start-up competitions took place at the Masonic Center in San Francisco following a day-long conference in which contestants and venture capitalists had a chance to mingle.

EcoFactor has developed software that works in conjunction with a two-way thermostat to better maintain stable desired temperatures in homes. The system relies on outside data like weather as well has the thermal habits of the home, and self-regulates based on those factors. The process helps heating and cooling … Read more