Ford and Resideo Technologies have announced a joint simulation project called the "EV-Home Power Partnership" to explore vehicle-to-home (V2H) energy management, with the aim of exploring the potential of EV batteries to support optimal home energy management.
The project will explore, test, and quantify the customer benefits of pairing bidirectional EV charging with a Resideo smart thermostat to help customers save money on their monthly electricity bill, reduce strain on the U.S. power grid, and enable the use of cleaner energy, while helping to ensure homeowner comfort.
Ford is the first U.S. company to launch a full-size electric truck in North America capable of bi-directional charging, while Resideo, the world's leading provider of home comfort, First Alert security and safety solutions, and a leading utility company's residential load management program, is exploring the value of home energy management for customers that is unprecedented for internal combustion engine vehicles.
The F-150 Lightning is already capable of powering homes with available smart backup power in the event of a power outage. The EV Home Power Partner Program will simulate the integration of Resideo's smart thermostat with energy stored in the F-150 Lightning's battery, which can intelligently coordinate to help power a home's heating and cooling systems.
The project aims to evaluate how the coordination of bi-directional electric vehicles and smart thermostats can reduce the overall energy required by households during periods of grid stress, while minimizing energy use by automating homes to match the most expensive times. The time-of-use electricity price (TOU) for consumers. In addition, it will evaluate how coordination between batteries and smart thermostats enables the system to utilize clean energy from the grid where renewable energy is readily available.
EV battery storage can play an integral role in helping to stabilize the grid, keeping homeowners comfortable during power outages or other energy events, and leveraging stored energy to save customers money during peak demand periods when energy costs tend to be high. Together, Ford and Resideo envision the possibility that electric vehicles and homes can share the same energy and interact with each other intelligently for the benefit of customers and the grid. Work on the project has begun and is expected to be completed in the first half of 2024.