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Carrier and Leap Team Up to Launch Smart Energy Management Program, Helping Homeowners Save Energy, Earn Rewards, and Reduce Carbon Emissions

INDIANAPOLIS -

Carrier is helping homeowners achieve their sustainability goals by partnering with Leap to launch SmartSave, an innovative smart energy management program in major states California, New York, and Texas. This program is designed to help homeowners save on energy costs, earn rewards, and contribute to reducing carbon emissions—all while enhancing the resiliency of the power grid. Carrier is a part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions.

This collaboration provides homeowners with access to advanced tools that automatically optimize HVAC energy use during peak demand or grid events, reducing strain on the grid without compromising comfort. With the Carrier SmartHome app, homeowners can monitor and adjust their thermostat settings during grid events, keeping control while enjoying a comfortable home. Small temperature adjustments through SmartSave create a meaningful impact, improving grid stability and reducing reliance on fossil fuels during high-demand periods—while earning rewards.

SmartSave features real-time energy savings tracking and automated HVAC controls, empowering homeowners to monitor progress and participate in grid events for rewards. This creates a win-win scenario for both the environment and homeowners' wallets. By participating, homeowners help stabilize the grid and promote overall resiliency, supporting Carrier’s ongoing commitment to a more sustainable future through smart technology integration. Carrier is investing $4 billion by the end of 2030 in the innovation and development of intelligent climate and energy solutions that reduce environmental impacts and help customers avoid more than 1 gigaton of greenhouse gas emissions.

“We’re proud to launch SmartSave with Leap, providing homeowners with a smart, simple way to reduce carbon emissions and support grid resiliency,” said Nick Arch, Vice President and General Manager, Residential HVAC Solutions at Carrier. “This program reflects our commitment to sustainability by empowering consumers to make a meaningful impact with their energy use for the benefit of the environment. It’s an easy-to-use energy management solution that paves the way for a smarter, more sustainable energy future.”

“SmartSave represents an exciting step beyond traditional energy efficiency, enabling homeowners to play an active role in creating a cleaner, more flexible power grid,” said Jason Michaels, CEO at Leap. “With Leap’s automated technology working behind the scenes to unlock access to grid program opportunities, Carrier is delivering an innovative energy offering for its customers that’s good for the grid, good for the climate, and good for customers’ wallets.”

Homeowners interested in participating can learn more about the program online by visiting Carrier SmartSave or by enrolling via their Carrier SmartHome app. View Carrier’s 2024 Sustainability and Impact Report here.

About Carrier
Founded by the inventor of modern air conditioning, Carrier is a world leader in high-technology heating, air-conditioning, and refrigeration solutions. Carrier experts provide sustainable solutions, integrating energy-efficient products, building controls and energy services for residential, commercial, retail, transport, and food service customers. Carrier is a part of Carrier Global Corporation, global leader in intelligent climate and energy solutions that matter for people and our planet for generations to come. For more information, visit carrier.com or follow @Carrier on X.

About Leap
Leap is the leading platform for generating new value from distributed energy resources (DERs) through integration with energy markets. Through its software-only solution, Leap facilitates fast, easy and automated access to high-value grid services revenue streams for the providers of batteries, electric vehicle charging, smart thermostats, HVAC systems and other flexible assets. By aggregating the DERs enrolled on its platform, Leap supplies virtual power plants (VPPs) to balance the grid. Leap enables its partners and their customers to unlock new value streams and help create a more flexible, resilient grid powered by renewable resources.

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