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Apr 22, 2013

Nest enlists U.S. utilities to power drive into homes

SAN FRANCISCO, April 22 (Reuters) – Tony Fadell, the
designer known as the godfather of Apple Inc’s iPod, is
enlisting several of the country’s largest power utilities to
get his power-saving creation, the “Nest” thermostat, into more
U.S. households.

Nest Labs, the company he co-founded in 2010 with designers
and engineers from Silicon Valley firms like Apple and Google
Inc, is teaming up with six utilities to provide
incentives for using its thermostats. They include $100 rebates,
rewards for adopting energy-saving programs, even a free device
in some cases.

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      "Poornima Gupta writes about technology out of San Francisco, covering consumer and enterprise device makers Apple, HP and Dell. She previously spent five years in Detroit covering the crisis-ridden U.S. automotive sector that resulted in two of the biggest bankruptcy filings in the industrial world. She won a SABEW award for reporting on the failed merger between GM and Chrysler, and their negotiations with the federal government."
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