The licensing agreement will enable GE to help its customers reduce energy cost and consumption and help utilities to better manage the help utilities manage daily system peaks, the company said.
David Petite, CEO of Sipco, said: “We are extremely happy to have GE Appliances & Lighting as a strategic member of the Essential Wireless Mesh licensing family, and are pleased to help enable a new generation of smart appliances.
”We believe GE Appliances & Lighting’s entry into the wireless smart appliance market will provide significant benefits to consumers in managing and controlling their energy usage. We are thrilled GE Appliances & Lighting approached us, and are looking forward to working with them to support and accelerate their delivery of these solutions to the marketplace.”
Natarajan Venkatakrishnan, research and development leader of GE Appliances & Lighting, said: “Using Sipco’s technology in our smart-grid enabled appliances will allow us to help consumers better manage their energy costs and help utilities shed load during peak usage and pricing periods.
“Providing solutions for both consumers and utilities that will help better manage the energy we already generate will allow us to make a significant contribution to the success of the smart grid.”
