GE has obviously been in the home energy management business for some time now, but it's stepped up its game in a pretty big way this week. The company has just announced the official creation of its new Home Energy Management business (or HEM), which will fall under GE's Appliances & Lighting division and will be led by Dave McCalpin (pictured above). According to GE, the new business will focus on helping both consumers and utility companies manage electricity consumption and costs, and it will oversee a whole range of GE products related to energy management, including things like the company's GeoSpring hybrid hot water heater, various appliances, and its new Nucleus energy management system set to go on sale next year. Head on past the break for the complete press release.
GE forms new home energy management business aimed at bridging the 'utility-consumer gap' originally appeared on Engadget on Wed, 01 Dec 2010 14:42:00 EDT. Please see our terms for use of feeds.
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