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Steam

Nest for Hot Water

Steam

Nest for Hot Water

Steam Energy Smart Water heating saves energy and money by making your hot water tank a Smart Water tank. It retrofits on any tank, old or new and takes 10 minutes to install.

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Do people spend a lot of timing managing their water tanks? I thought it was already all automated. What are some examples where you want to manage your tank from your phone?

I'm also be curious to hear about what kind of cost savings customers can expect and after how many months the investment has been paid back. (Probably something you want to include in your marketing too.)
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Hi Marc, at the moment the answer is no, people don't spend a lot of time managing their water tanks. That is why we created Steam! Between 15%-20% of household energy use goes on heating water. Most people switch their tanks on and leave them on, which is a big waste. We want homeowners to be able to schedule water heating to suit their needs, set their tanks to work at low rate hours, and by setting temperature to an appropriate level they can gain significant savings. These are the basic features on Steam, we have many more planned.

We are also big believers in the Smart Home, and with Steam being a retrofit solution we can turn Dumb tanks into Smart tanks at the fraction of the cost of buying a new Smart tank. And why wouldn't you want to be able to control your hot water at the touch of a button on your phone? Check it while in work, control it while you are away, get instant alerts for any leaks in your tank, learn usage patterns and most importantly, save money.

We expect the Unit to pay for itself in around a year for a standard 3 bed house. This of course depends on different usage patterns for different households. We will have a much clearer picture on the exact savings when we start receiving data from our Beta testing program.
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@HelloSteam It sounds a bit counter intuitive to me that a smart appliance will require homeowners to spend more time on something, rather than less. I guess it's a balance of laziness/comfort and financial savings.

Would it be possible for Steam to run fully automated? Would it have a significant impact on the cost savings versus having the user involved?

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