Ford and Reside o’s Joint Simulation Project to Explore the Potential of EV Batteries for Home Energy Use
To explore the potential of electric vehicle batteries to support optimal home energy management, Ford and Resideo Technologies, Inc. announced a joint simulation project called the “EV-Home Power Partnership.” The project will test, evaluate, and quantify the benefits to customers of pairing bi-directional EV charging with a Resideo smart thermostat to potentially lower monthly electric bills, lessen the load on the U.S. electric grid, and enable the use of cleaner energy while ensuring homeowner comfort.
Ford is exploring home energy management value for customers never before possible with internal combustion engine vehicles. Ford was the first company in the U.S. to introduce a full-size electric truck capable of bi-directional charging for homes in North America. Resideo is a global provider of solutions for home comfort, First Alert security, and safety, and a leading provider of residential load management programs for utilities.
The EV Home Power Partnership project will simulate the integration of Resideo’s smart thermostats with the energy stored in the battery on the F-150 Lightning, which can be cleverly coordinated to help power the home’s heating and cooling systems. The F-150 Lightning can already power the home in the event of an outage through the available Intelligent Backup Power.
In addition to minimizing energy consumption during the most expensive hours of the day by automating the home to match a consumer’s Time-of-Use (TOU) electricity rate, the project aims to evaluate how the coordination of a bi-directional EV and a smart thermostat can reduce the overall energy needed by the home during times of electric grid stress. If renewable energy is readily available, the coordination between the battery and smart thermostat can also enable a system to leverage cleaner energy from the grid.
“Driving electric is unlocking an entirely new world of personal energy management that could not only save our customers time and money but also help support a more sustainable energy grid,”said Bill Crider, Head of Global Charging and Energy Services, Ford Motor Company.
“Successful vehicle-to-home energy management solutions would give Ford EV drivers as well as utilities and power companies the confidence to accelerate future vehicle-to-grid services never before thought possible with traditional vehicles.”
With electric vehicle battery storage, customers can save money by using stored energy during peak demand, when energy costs are typically higher. Together, Ford and Resideo are imagining the possibilities when electric vehicles and homes can share the same energy source and can intelligently interact with each other for the benefit of the customer and the electric grid. Electric vehicle battery storage can play an integral role in helping stabilize the electric grid, allowing homeowners to remain comfortable during power outages or other energy events.
“The two largest contributors to an individual’s carbon-emission footprint are usually their car and the heating and cooling of their home,” said Dana Huth, EVP and Chief Revenue Officer, Resideo. “With this EV Power Partnership project, we can discover new ways for F-150 Lightning owners to utilize their EV battery to power their home’s heating and cooling and to help build a home energy management strategy that can optimize their home’s comfort and energy use. By creating energy-efficient ecosystems between trusted global brands, our Resideo Grid Services team can help ensure a more resilient electric grid for the community, prepare it for more renewables, and deliver energy savings for consumers.”