Elevation — an energy monitoring and control firm that had undertaken a pilot project last year with American Homes 4 Rent — announced a new product, the Curb M10 energy monitoring system. Intended for both consumer homeowners and institutional operators of single-family-rental properties, it combines "advanced communication capabilities and a simplified installation process and represents an essential addition to Elevation's proprietary line of Curb devices," according to a company press release.

The Curb M10 employs monitoring devices are built on CT clamps (current transformers) that monitor current running through cables without splicing into them through a physics process called induction. The company claims that the system enables "accurate tracking of appliance energy usage and aid homeowners and operators in lowering rising energy costs through actionable insights delivered via the Curb app, web interface and email reports."

"When deployed in a home, Curb receives energy usage data from thousands of sensors in real-time and mines this information to provide actionable insights on energy efficiency patterns and device health," the company said. "For instance, Curb M10 could predict an HVAC outage or malfunction in advance, mitigating expensive and frustrating repairs or replacements. M10 represents the latest evolution of the Curb product line and pairs years of available Curb's intelligent, actionable home energy data with new features focused on improving connectivity, reliability and ease-of-use."

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Such a system could offer a number of benefits to a large-scale SFR operator. Advanced notification of potential problems could allow maintenance in advance before a problem occurred, reducing likely costs as well as improvement in tenant relations by reducing inconvenience. The data might also help in documenting energy usage and carbon footprint for the environmental part of ESG.

From Elevation's view, installing such a system for SFR operators could open the door for some of its other services, like energy efficiency audits as a first step to energy reduction, Energy Star certification for the buildings, and sales and service of solar panel systems and batteries.

"Curb M10 arrives at a time when eco-friendly features continue to be preferred by both renters and homeowners nationwide," the release quoted company CEO Greg Fasullo as saying. "Across most SFR portfolios, energy bills are the second-highest cost for tenants after rent. We're excited to introduce the M10 as a scalable solution for portfolios of all sizes that will deliver measurable cost-saving benefits for operators and residents. With reliable connectivity, a reduced installation time and a more seamless configuration interface, M10 will bring energy efficiency insights and invaluable real-time data to consumers and operators."

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