We are Renew Home



The problem
Energy demand is rising — and customers are concerned about energy bills
The United States will need an additional 200 GW of capacity by 2030, of which 160 GW could be powered by VPPs.1 Can't picture 160 GW? That equals the total summer peak capacity of California, New York, and Georgia. Combined.2
This problem affects everybody, from energy providers who need to meet demand, to people who pay the energy bills.
We're on a mission to accelerate to a more reliable and affordable energy future by rethinking how we use power at home.
Our solution
We've defined a new blueprint for simplifying energy savings
Renew Home is building a home energy management platform that can help millions of homes save and shift their energy use with smart devices, starting with Nest thermostats.
By coordinating nuanced, increasingly personalized adjustments, we created a virtual power plant that will deliver gigawatts of capacity for a more reliable, cleaner energy grid. A win-win for everybody.
The numbers are looking good
50 GW
Our goal for load under management by 2030.
> 5 million
The current number of connected households on the Renew platform across the US, and growing everyday.
40-60%
Less expensive than other generation options like gas peakers and batteries.3
$10 billion
Amount customers in the US could see in savings and incentives, by installing smart thermostats and participating in virtual power plants.4
Interested in working at Renew Home?
Meet our leadership team
We're in this for the long haul
Born from Google’s Nest Energy team and Google Labs AI leadership, we bring decades of experience transforming how energy works at home. Since our founding, we’ve brought together experts in energy, technology, and utilities—building a team ready to make a major impact. Backed by Sidewalk Infrastructure Partners and trusted by leading organizations, we’re just getting started.

- US Department of Energy, ‘Pathways to Commercial Liftoff: Virtual Power Plants 2025 Update’ report
- EIA US Electricity Profile 2023, net summer capacity (MW)
- Brattle, ‘Real Reliability: The Value of Virtual Power’, page 5
- Based on $8.8B/year in thermostat energy savings calculated by multiplying the 12% heating and 15% cooling savings from Google Nest 2024 energy savings white paper (pg. 9) by the total heating and cooling costs for the 82M homes with central cooling from EIA RECS 2020 data plus $1.6B/yr in annual VPP payments to the 82M participating homes at $20/year/home. Additional savings from time-of-use rate optimization algorithms not included but could add another $2B/year.