AGL today announced a strategic investment in US-based August Home, a sector leader in smart locks and smart home access products and services.
AGL Executive General Manager New Energy, Elisabeth Brinton says the $US10 million investment is part of a broader innovation strategy and it enables insight and access to new connected home technology.
“Our investment provides us with an opportunity to participate in, learn and help shape the emergence of this new, exciting technology and bring it to Australian consumers.
“We see August Home as the front door of the connected home. It can help consumers improve their lifestyle, provide convenience and in-home security by enabling them to monitor what’s happening at their front door and manage access to their homes, all controlled via their smart phones no matter where they are.”
“We know the connected home is a major area of interest for our customers and we’re focused on how we can give our customers greater control of their energy management. As we continue to innovate, we’re thinking of the home as a whole ecosystem – connected by smart technology. For us, this is just the beginning,” said Ms Brinton.
August Home CEO Jason Johnson said: "AGL has a proven track-record of leading change and innovation, making them a great partner as we advance our mission of helping people control access to their homes, enabling secure delivery of goods and services inside the home."
The August Home offering includes August Smart Lock, August Smart Keypad and August Doorbell Cam all focused on giving the consumer greater control of their home. For example, the August Smart Lock turns a smartphone into a smart key where consumers can lock and unlock their door remotely, create virtual keys for guests and keep track of who comes and goes with a 24/7 activity log.
AGL is committed to helping shape a sustainable energy future for Australia. We operate the country’s largest electricity generation portfolio, we’re its largest ASX-listed investor in renewable energy, and we have more than 3.5 million customer accounts. Proudly Australian, with more than 180 years of experience, we have a responsibility to provide sustainable, secure and affordable energy for our customers. Our aim is to prosper in a carbon-constrained world and build customer advocacy as our industry transforms. That’s why we have committed to exiting our coal-fired generation by 2050 and why we will continue to develop innovative solutions for our customers.