Vestemi’s smart radiator thermostat, Radbot, is one of the first innovators to be approved by Ofgem for the ECO3 trial. This is part of a major government drive to ensure that large energy companies are under obligation to reduce fuel poverty and improve energy efficiency in eligible UK homes.
As traditional energy-saving products such as solid wall insulation can be expensive and intrusive, Ofgem is now looking for innovative technologies that can push the envelope to provide more cost-effective and scalable solutions.
In addition to the fuel poverty problem, the government target of hitting zero carbon by 2050 means the need for innovation to increase energy efficiency is now more important than ever, especially in the housing sector, which accounts for 14% of UK emissions.
Radbot is a smart TRV that heats rooms when occupied and reduces the temperature when empty, saving up to 30% off heating bills. This is around £180 per year for a typical semi-detached home.
Steve Newall, EDF Energy’s ECO Monitoring & Innovation Manager, said: “The great thing about Radbot is that it is an easy to install, fit-and-forget product. It’s a cost-effective solution that helps householders to save energy and reduce their energy bills. This is something that’s especially important for households that have a low income and a key reason why we’re working in partnership with Radbot.”
By reducing heat wastage and carbon emissions, Radbot works towards the UK’s net zero goal. With many suggesting this can only be achieved with technology that needs little consumer intervention, Radbot supports this approach as it is a “fit and forget” product that doesn’t require people to change habits or sacrifice comfort.
Radbot will now be part of a large-scale Demonstration Pilot with London South Bank University and Parity Projects.