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Renew Home

Operates residential virtual power plants to optimize home energy use.

Discussion
climate-techiotrenewable-energy

Company facts

Founded
2023
Employees
171
Headquarters
United States
CEO
Ben Brown
Type
Private
Funding
Corporate Round · $100M · 2023
Subsidiaries
OhmConnect

About

Born from a shared vision to revolutionize home energy consumption, Renew Home emerged from the powerful union of two industry pioneers: Google's Nest Renew and OhmConnect. This journey began with a clear and urgent mission: to address the escalating demands on the energy grid and the rising costs for consumers. The teams at Google's Nest Renew had already made significant strides in helping households prioritize cleaner and more affordable energy through their innovative thermostat services, facilitating over a billion energy-conscious adjustments. In parallel, OhmConnect was building a formidable home energy management platform, renowned for its success in preventing blackouts in California by empowering users to save energy and earn rewards. The convergence of these two forces in 2024, backed by a significant $100 million investment from Sidewalk Infrastructure Partners (SIP), marked the creation of Renew Home. This new entity wasn't just a merger but a strategic evolution, designed to create North America's largest residential virtual power plant (VPP). The goal was ambitious yet clear: to transform millions of homes into a cohesive, responsive network capable of supporting a more resilient, decarbonized, and affordable energy grid. By integrating OhmConnect's sophisticated platform with Google Nest's extensive reach and user-friendly technology, Renew Home set out to offer an unparalleled solution. This new chapter is not just about technology; it's about empowering individuals and communities to become active participants in the clean energy transition, turning everyday energy use into a powerful tool for positive change, and building a more sustainable future for all.

6 jobs

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