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Nest Expands Thermostat Line to Bring Energy Savings to More Homes with Nest Thermostat E

Nest extends the category it reinvented in 2011 with a thermostat designed to blend into its environment and save energy right out of the box

Over 55 percent of U.S. homes, about 64 million total, may qualify for a rebate or reward on a Nest Thermostat E or could get one for free from a local energy provider

Palo Alto, California — 30 August 2017 — Nest Labs, Inc. (www.nest.com), architect of the thoughtful home, today announced the expansion of its thermostat line with the introduction of the Nest Thermostat E. With a fresh look, new features, and a lower price point than the Nest Learning Thermostat, the Nest Thermostat E can be controlled from anywhere with your phone, and it comes with a pre-configured basic schedule so you can start saving energy right out of the box. It’s been completely re-designed, with an industry-first frosted display that helps it subtly blend into any home. It’s everything customers have come to expect from Nest thermostats with a renewed focus on simplicity and control.

“In 2011, we reinvented the thermostat category to make it easy for people to save energy,” said Matt Rogers, co-founder and chief product officer, Nest. ”Fast forward six years: Nest owners have saved more than 14 billion kWh -- the equivalent of providing electricity to all the homes in New York State for over 100 days -- and now we are bringing beautiful design and proven energy saving capabilities into even more homes. To do that, we needed to simplify. The more subtle look and feel of the Nest Thermostat E will seamlessly blend into any environment. It’s everything our customers have come to know and love from Nest thermostats with a renewed focus on user simplicity and control.”

The Nest Thermostat E makes saving energy simple, with a beautiful, subtle design. New features include:

New industrial design. The Nest Thermostat E moves away from the prominent look of the Nest Learning Thermostat and replaces it with a more subtle design, highlighted by a white exterior ring and frosted display.

Frosted display. The frosted display is designed to blend into your home. It achieves this effect with special display technology that lets light out but doesn’t let light in. When the frosted display is off, the screen is grey. When it’s on, it displays soft text and images that are designed to be easy to see and read with a slight glow. The frosted display uses an ambient light sensor to share information at just the right brightness.

Scheduling made simple. The Nest Thermostat E comes with a pre-set schedule, which enables customers to save energy right out of the box. This can be easily managed directly from the Nest app. Or it can learn your schedule, just like the Nest Learning Thermostat. It's ENERGY STARⓇ certified and expected to save between $131 and $145 a year per the results of an internal Nest study and two independent studies of the previous model.1

The core experience of the Nest Thermostat E includes features that people have come to expect from previous Nest thermostats.

• The Nest Thermostat E turns off automatically when it detects nobody is home, to help save energy.

• It’s easy to change the temperature from anywhere with the Nest app from a phone, laptop, or smartwatch, and even with popular voice assistants such as Google Home or Amazon Alexa.

• Through the Works with Nest program, additional connected products, such as ovens and lights, integrate with the Nest Thermostat E to add more comfort and convenience.

• Nest sends alerts if the heating or cooling system needs attention, so customers can act before it breaks.

• The Nest Thermostat E is easy to install, with most customers installing them in 30 minutes or less. In addition, there are more than 20,000 certified Nest Pros in the U.S. available to install Nest products.

Pricing and Availability

The Nest Thermostat E is available on www.nest.com for $169 USD, as well as from leading retailers and energy partners.

Over 55% of US homes, about 64 million total, may qualify for a rebate or reward on a Nest Thermostat E. Programs vary by state and energy provider. For more information you can go to nest.com/rebates-and-rewards.

About Nest

Nest’s mission is to create a home that’s thoughtful - one that takes care of the people inside it and the world around it. The company focuses on simple, beautiful and delightful hardware, software and services. The Nest Learning Thermostat™ and Nest Energy Services keep you comfortable and address home energy consumption. The Nest Protect™ smoke and carbon monoxide alarm helps keep you safe and Nest Safety Rewards lets you save money through participating home insurance providers, while Nest Cam™ keeps an eye on what matters most inside and outside your home.

Nest products are sold in 18 countries across the US, Europe, and Asia-Pacific and are installed in every country in the world. The Nest Learning Thermostat has helped save approximately fourteen billion kWh of energy to date, enough electricity to power New York State for 100 days. Through the Works with Nest program, third-party products can securely connect with Nest devices to make homes safer, more energy efficient, and more aware. For more information, visit www.nest.com.

1 Independent studies showed that Nest saved people an average of 10-12% on heating and 15% on cooling. Based on typical energy costs, we've estimated average savings of $131 to 145 a year. That means the Nest Thermostat E can pay for itself in under two years. Individual savings are not guaranteed.

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