Xcel Energy Selects Tendril Orchestrated Energy for State-of-the-Art Energy Efficiency Program

Pilot program launches this summer in Colorado and Minnesota to bring
personalized energy management plans to consumers

BOULDER, Colo.–(BUSINESS WIRE)–Xcel Energy has selected Tendril’s Orchestrated Energy for a new smart
thermostat optimization pilot launching in the summer of 2017. Xcel
Energy customers in Colorado and Minnesota will stand to achieve
significant energy savings by optimizing their smart thermostats with
tailored cooling schedules during the heat of summer. The personalized
schedules may be able to reduce cooling peak load by up to 50 percent
and lower energy consumption from cooling by up to 20 percent.

“At Xcel Energy, we’re always looking to deliver additional value to our
customers, and working with Tendril Orchestrated Energy on this pilot
program is a new way we can deliver on that promise to our customers,”
said Dan Nygaard, vice president of Customer Solutions at Xcel Energy.
“We are excited to see how this pilot program performs and have high
expectations for its ability to help our customers save money without
having to sacrifice their comfort.”

How it Works:

Tendril Orchestrated Energy works with certain smart thermostats to
further optimize energy consumption while ensuring the customer remains
in a comfortable temperature range.

• Customers Are Always Comfortable: Similar to a smart
  thermostat, customers select a desired temperature range.
• Personalized Energy Plans: With customer temperature
  preferences, Orchestrated Energy architects a custom cooling plan
  based on their individual preferences, local weather patterns and home
  characteristics.
• Increased Energy Efficiency: The custom plan cools each
  individual’s home at the most ideal times, ensuring customers are
  optimizing HVAC systems all day long, while placing the least demand
  on the electrical grid. The algorithms of Orchestrated Energy allow
  Xcel Energy to improve upon the energy efficiency of smart thermostats.
• Constant Communication Via a Mobile App: Tendril’s MyHome
  mobile application gives customers insight into their unique cooling
  schedule and allows them to make changes, as needed.

“We believe Orchestrated Energy is one of the most advanced products for
energy efficiency and demand response on the market today,” said Adrian
Tuck, CEO of Tendril. “To be selected by Xcel Energy, one of the most
innovative utilities in the country, shows that others share our vision
for changing how demand side management can and will work in the future
by better utilizing assets already on the grid.”

The pilot will launch in August for selected customers in Minnesota and
Colorado, and conclude in the fall. Those interested in joining the
pilot program this summer will need an ecobee smart thermostat, and can
visit https://www.xcelenergy.com/programs_and_rebates/residential_programs_and_rebates/heating_and_cooling/myhome
for more information about how to enroll.

To learn more about how Orchestrated Energy works, please see this
explainer video: https://www.tendrilinc.com/resources/videos/orchestrated-energy-intro

About Xcel Energy

Xcel Energy (NYSE: XEL) provides the energy that powers millions of
homes and businesses across eight Western and Midwestern states.
Headquartered in Minneapolis, the company is an industry leader in
responsibly reducing carbon emissions and producing and delivering clean
energy solutions from a variety of renewable sources at competitive
prices. For more information, visit xcelenergy.com
or follow us on Twitter and Facebook.

About Tendril Inc.

Tendril is transforming the residential energy market. Our data
analytics on more than 140 million homes creates new business
opportunities for any product or service provider connected to the home.
Today, this includes electric and gas utilities, energy retailers and
real estate professionals. Built over more than a decade, the Tendril
Platform delivers real-time, ever-evolving data about the home and how
people use energy in it. These rich insights help our customers improve
customer acquisition, increase engagement and orchestrate home energy
experiences. For more information, please visit www.tendrilinc.com
and follow us on Twitter at @tendril.

Contacts

Tendril Inc.
Kristin Faulder, 586-419-4652
[email protected]