Schneider Electric Introduces AI-Enhanced Energy Management for Wiser Home App

Schneider Electric Introduces AI-Enhanced Energy Management for Wiser Home App

(IN BRIEF) Schneider Electric has launched a new AI-powered feature for its Wiser Home app, enhancing energy management for homes. This feature optimizes the use of water heaters and electric vehicle chargers by learning from user habits, weather forecasts, and energy tariffs. It helps reduce energy bills and improve efficiency, with potential annual savings of €400-500 for homes with solar panels and €100-150 for those without. The feature is available in Spain, Portugal, France, Germany, and Austria for users with compatible Schneider Electric equipment.

(PRESS RELEASE) RUEIL-MALMAISON, 7-Sep-2024 — /EuropaWire/ — In a major leap forward for smart home technology, Schneider Electric has introduced an advanced AI-powered feature for its Wiser Home app, setting a new benchmark in home energy management. Recognized globally for its commitment to sustainability, Schneider Electric’s latest innovation enhances energy efficiency by optimizing the two largest power loads in homes: water heaters and electric vehicle (EV) chargers.

This groundbreaking feature is a first in the market, leveraging AI to provide sophisticated energy management through a single, integrated app. The Wiser Home app, already renowned for its energy monitoring and control capabilities, now includes an AI-driven module that intelligently schedules and manages energy usage based on real-time data and user habits. This development marks a significant step in Schneider Electric’s £23 million investment in home energy solutions.

The AI system utilizes predictive algorithms to learn from users’ daily routines, weather forecasts, energy tariffs, and solar production data. By analyzing this information, the feature optimizes the timing of energy-intensive tasks, such as heating water and charging electric vehicles, to minimize costs and maximize efficiency. This approach not only supports significant cost savings but also aligns with Schneider Electric’s goal of enhancing sustainable living.

In tests conducted by Schneider Electric, homes equipped with solar panels could expect annual savings between €400-500, while those without saw savings of €100-150. This simulation, based on French market conditions, demonstrated the feature’s potential to substantially reduce energy expenses.

Michael Lotfy Gierges, Executive Vice President of Schneider Electric’s Home & Distribution Division, stated, “As energy costs reach unprecedented levels, our AI technology offers homeowners a powerful tool to manage their energy consumption more effectively. This innovation represents our dedication to both consumer satisfaction and environmental sustainability.”

The new AI feature is now available to Wiser Home users across Spain, Portugal, France, Germany, and Austria. It is compatible with Schneider Electric’s PowerTag energy sensors, EV chargers, and water heater controllers. Looking ahead, Schneider Electric plans to expand this technology to cover additional home energy needs, further advancing the goal of efficient and sustainable energy use.

About Schneider Electric
Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.

Our mission is to be the trusted partner in Sustainability and Efficiency.

We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers

We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

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SOURCE: Schneider Electric