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E Source and Tierra Resource Consultants Partner for a Sustainable Future

The demand for smart thermostat demand response programs is on the rise, particularly in the realm of rental housing, which has often been overlooked. Recognizing this gap, E Source, a leader in customer and technology solutions for the utility sector, has teamed up with Tierra Resource Consultants, a consulting firm that specializes in clean energy and sustainability. Their collaboration seeks to create an inclusive and effective demand response (DR) research initiative aimed at underserved rental housing markets.

Understanding Demand Response in Rental Housing

Demand response programs enable utility companies to manage consumer energy use during peak times, contributing to a more stable and efficient energy grid. Unfortunately, existing DR programs predominantly cater to single-family homeowners, leaving many renters, especially those living in multifamily units, on the sidelines. This new partnership is set to change that by developing strategies that will not only facilitate but encourage renter participation in demand response initiatives.

Filomena Gogel, President of E Source’s Research and Advisory unit, pointed out that renters often feel excluded from such programs that their homeowner counterparts benefit from. This gap represents a significant opportunity for both utilities and technology providers to cater to a market that continues to grow.

Goals and Objectives of the Collaboration

The partnership aims to produce a comprehensive national framework alongside territory-specific strategies tailored for the various stakeholders involved, including property managers and landlords. Tom Hines, Principal at Tierra Resource Consultants, stated that renters are the largest untapped market for smart thermostat DR programs. He emphasized the potential for growth in utility DR portfolios targeting this demographic.

The initiative will involve detailed research covering national and territory-specific market analysis for smart thermostat demand response in rental housing. Insights from the study will provide actionable strategies to help overcome historical barriers to technology deployment and program design.

Next Steps in the Initiative

In order to kickstart this initiative, E Source and Tierra Resource Consultants will host an informative webinar titled “Expanding Smart Thermostat DR in Underserved Rentals” on September 9. This event will be directed towards utility program managers, DR planners, and technology providers committed to advancing scalable solutions in residential demand response.

During the webinar, participants will gain insights into the study’s scope and preliminary findings, while also exploring ways to collaborate in shaping future demand response initiatives. Additionally, attendees will enjoy exclusive access to study results, making it an unmissable opportunity for key stakeholders.

Both E Source and Tierra Resource Consultants are united in their mission to create robust energy programs that evolve with the changing market. By combining their market intelligence and expertise in demand-side management, the partnership aims to facilitate stronger client relationships and impactful energy programs. This collaboration not only targets the technological aspects of demand response but also emphasizes the importance of involving all community segments, ensuring that the needs of underserved populations are met.

As E Source continues to innovate in the energy space, this partnership could signify a significant shift toward greater inclusivity in energy program participation, ultimately benefiting both utility providers and the communities they serve. With these developments, the future of smart thermostat DR in rental housing looks promising, paving the way for increased awareness, accessibility, and effectiveness in managing energy consumption across diverse living environments.

For further information about the initiative and to register for the webinar, interested parties can visit the event page linked here.

About E Source

E Source is dedicated to delivering superior customer service and innovative solutions to the utility sector, enabling energy providers to make data-driven decisions that can benefit both their business and the environment.

About Tierra Resource Consultants

Tierra Resource Consultants excels in partnering with utilities and governmental entities to develop strategies for effective energy management and to address pressing challenges in the energy landscape.