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1、The Power of the Smart Home OCTOBER 2022For more information contact the Nest Energy Team at:Nest-PSUPPORTING A CLEAN ENERGY FUTURE WITH NEST RENEWOCTOBER 2022Unprecedented Challenges for an Aging Grid Our nations electric grid is facing unprecedented challenges,with many states across the U.S.incre

2、asingly at risk for more frequent power outages.1 A variety of factors including rising electricity usage and extreme weather events have increased stress on the grid,often resulting in outages and higher costs for residents.2 The impact of these challenges can be staggering,both financially and for

3、 the health and wellbeing of residents.The United States Government Accountability Office recently published findings that the total annual cost of utility outages are upwards of$55 billion and that this number,if unchecked,could rise to$480 billion per year by 2080.3The Growth and Potential of the

4、Smart HomeThere is a simple and effective way to help mitigate these costs.Using todays smart,connected,technologies,our homes,offices,and buildings have the potential to work in harmony with the electrical grid to automatically conserve,shift demand,and deploy power how and where its neededhelping

5、us maximize our existing infrastructure capability and making the grid more reliable and resilient.Connected technologies and appliances(both in homes and attached to the grid)that enable us to more precisely,cheaply and effectively adjust and shift the demand,supply,and small-scale electricity gene

6、ration technologies are known as distributed energy resources(DERs).Smart thermostats,electric vehicles(EVs)and EV chargers,rooftop solar,and battery storage are all examples of DERs that can be found in millions of homes across the United States today.41SUPPORTING A CLEAN ENERGY FUTURE WITH NEST RE