Climote Seals Scottish Power Deal
Electricity company Scottish Power has struck a deal with climote to bring its smart home heating technology to the UK.
Regarded as one of the 'big six' in the UK energy market, Scottish Power's climote deal will see it white label the product as 'Connect' for its customers nationwide.
Climote was launched in 2011 and is the brainchild of ex-Honeywell executive Eamon Conway and Derek Roddy. The patented product enables users to control their home heating and adjust the temperature from anywhere using their smartphone.
The firm emerged from Smarthomes, a company set up in 2002 by former presidential candidate Sean Gallagher and Derek Roddy, which installed technology systems into new homes.
Gallagher is no longer a director of Climote, which posted a loss of €880,000 in 2012. Earlier this year, the firm secured private investments totalling €1.1m.
Eamon Conway, managing director of Climote, says that the Scottish Power deal is a testament to the strength of his firm's business proposition.
“By teaming up with a utility giant such as Scottish Power, we are confident we can play a major role in revolutionising the UK's heating efficiency and hope that it will be a long and productive partnership.” (August 2014)