Vivint is a home security company looking for growth in home energy and solar installations.
The company, formerly called APX Alarms, today is scheduled to announce its new name and strategy to expand into home automation. It now has about 16,000 homes using a combined home alarm and energy management system, which it expects to grow to about 100,000 customers this year, according to CEO Todd Pederson.
Many utility-run smart-grid programs give consumers the ability to monitor their electricity usage and program appliances to run at off-peak times to save money. But similar energy management functions are being … Read more