New Smart Device for Electric Home Water Heating Launched in Oakville Community
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July 16, 2024
Through a collaborative pilot project, homeowners in Oakville, Ontario will soon have a more sustainable, cost-effective option for heating water in their homes, thanks to a new partnership between Oakville Hydro, Mattamy Homes Canada, and Hootwater Inc. A device developed by Hootwater will be installed on electric water tanks in new homes in Mattamy’s Upper Joshua Creek community development, offering homeowners the opportunity to save on water-heating costs by shifting demand away from peak periods.
As new communities and home-energy demands become increasingly electrified, an ongoing challenge exists to find new solutions for water heating. Electric tanks use energy when consuming hot water, which may occur when rates are highest and grid demand is peaking. Through the leadership of Mattamy Homes Canada, Oakville Hydro, and a new, innovative technology from Toronto-based Hootwater, each new home in Mattamy’s current phase of the Upper Joshua Creek community will come equipped with a Hoot Smart Device. This device will shift much of the water heating to off-peak hours, while maintaining a consistent supply of hot water for homeowners.
To enhance the value proposition for homeowners in this community, Oakville Hydro is offering a monthly $5.00 bill credit for residents who activate their Hoot Smart Device. This incentive underscores the utility’s commitment to increasing energy efficiency through the use of innovative solutions that contribute to improving the stability of the electricity grid, while also benefiting the customer.