Hydro-Québec and Stelpro collaborate to develop connected smart devices
Saint-Bruno-de-Montarville, QC— Hydro-Québec’s new subsidiary, Hilo, and Stelpro have announced a joint venture to develop connected devices for smart homes that will contribute to efficient energy use.
The joint venture will develop innovative energy management products and will provide them to customers of both partners.
“Creating a joint venture between Hilo and Stelpro is a logical step given our desire to position our company as a major player in energy transition,” said Stelpro president Yves Chabot, in a release. “We are proud to be able to draw on the knowledge we’ve acquired over the past 38 years in electric heating and electronic controls and to create synergies to develop innovative smart home products and services that will allow customers to manage their energy use efficiently.”
In addition to other connected devices, the venture will focus on thermostats, which traditionally account for 50 per cent of a home’s electricity use. According to Stelpro, smart thermostats are a key tool in smart energy usage.
“This partnership is a wonderful example of the potential economic spinoffs associated with the development of technologies that will help Québec reach its electrification goals,” Jonatan Julien, Minister of Energy and Natural Resources and Minister Responsible for the Côte-Nord Region, said in a release.
The devices will be designed in Québec and manufactured at the Stelpro Group plant in Shawinigan, QC. The company has not announced a release date for the smart devices yet.