Rheem® and ecobee partner to launch the ecobee Smart Thermostat Lite | Works with EcoNet® Technology

Rhea-AI Summary

Rheem (NYSE:GNRC) and ecobee launched the ecobee Smart Thermostat Lite | Works with EcoNet Technology on Feb 12, 2026. The thermostat targets 24‑Volt residential systems and offers simplified installation, ENERGY STAR certified efficiency with up to 23% annual heating/cooling savings, smart‑home compatibility, contractor registration via the Rheem Contractor app, and EcoNet integration across Rheem, Ruud, and Friedrich products.

It is available now through authorized Rheem, Ruud, and Friedrich distributors in the U.S. and Canada; TotalView digital monitoring will be offered to Pro Partners.

Positive

• ENERGY STAR efficiency claim: up to 23% annual savings
• Designed for 24‑Volt residential HVAC systems
• Integrates with EcoNet across Rheem, Ruud, and Friedrich
• Available now via authorized U.S. and Canada distributors

Negative

• Savings figure cites an April 2021 internal analysis
• No company revenue or guidance disclosed for product impact

Key Figures

Energy savings rate: up to 23% Annual bill savings: up to $250 per year Thermostat voltage: 24-Volt +4 more

7 metrics

Energy savings rate up to 23% Annual heating and cooling cost savings for homeowners

Annual bill savings up to $250 per year Estimated homeowner heating and cooling cost reduction

Thermostat voltage 24-Volt Design target for Smart Thermostat Lite installations

Energy saved 41.2 TWh Total energy savings achieved by ecobee customers in North America

Rheem history over 100 years Duration Rheem has operated as a heating and cooling manufacturer

ecobee founding year 2007 Year ecobee was founded

First smart thermostat 2009 Year ecobee launched its first smart thermostat

Market Reality Check

Price: $215.73 Vol: Volume 4,268,036 is about...

high vol

$215.73 Last Close

Volume Volume 4,268,036 is about 3.32x the 20-day average of 1,285,054, signaling elevated interest ahead of/around this announcement. high

Technical Price at $214.99 trades above the 200-day MA of $158.70 and sits about 2.65% below the 52-week high of $220.85.

Peers on Argus

GNRC gained 17.93% while key peers like CR, AOS, NDSN, GGG, and IEX were modestl...

GNRC gained 17.93% while key peers like CR, AOS, NDSN, GGG, and IEX were modestly negative on the day. With no peers in the momentum scanner and no same-day peer headlines, the move appears stock-specific rather than a sector-wide rotation.

Historical Context

5 past events · Latest: Feb 10 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 10	Grid resiliency update	Positive	-1.9%	Ecobee reported strong grid resiliency capacity metrics and device participation rates.
Feb 02	Platform expansion	Positive	+1.7%	Ecobee expanded its SmartBuildings platform with a new multifamily API and tools.
Jan 28	Earnings date notice	Neutral	+2.2%	Generac announced the release date and conference call for Q4 and full-year 2025 results.
Jan 15	Conference participation	Neutral	+0.7%	ETHZilla detailed participation in a technology conference with investor meetings planned.
Jan 05	Capacity expansion	Positive	+5.4%	Generac acquired a new Sussex facility to expand C&I manufacturing capacity for large generators.

Pattern Detected

Most recent GNRC/ecobee news items with positive strategic content have seen generally positive price reactions, with one notable divergence on a strong grid-resiliency update.

Recent Company History

Over the past months, GNRC-related news has highlighted both ecobee’s software and demand-response capabilities and Generac’s industrial expansion. On Jan 5, Generac detailed a new Sussex, Wisconsin facility to support large-megawatt generators, with shares rising 5.37%. Subsequent updates on earnings timing (Jan 28) and ecobee’s SmartBuildings expansion (Feb 2) also saw positive reactions. A Feb 10 grid resiliency update, despite strong metrics, coincided with a -1.9% move, showing that strong operational news does not always translate into immediate gains.

Market Pulse Summary

This announcement details a Rheem–ecobee partnership to launch the ecobee Smart Thermostat Lite with...

Analysis

This announcement details a Rheem–ecobee partnership to launch the ecobee Smart Thermostat Lite with EcoNet® integration, targeting 24-Volt installs and offering ENERGY STAR–certified savings of up to 23% or $250 annually. For GNRC, it builds on ecobee’s record of saving over 41.2 TWh of energy and expanding its smart home footprint. Investors may track adoption through Rheem, Ruud, and Friedrich channels and watch how these ecosystem products complement Generac’s broader energy technology strategy.

Key Terms

hvac, energy star, smart thermostat, twh

4 terms

hvac technical

"Rheem®, a leader in the HVAC and water heating industry, and ecobee..."

HVAC stands for heating, ventilation and air conditioning — the systems that control temperature, airflow and indoor air quality in buildings. Investors care because HVAC drives operating costs, energy use, tenant comfort and regulatory compliance; like the engine and insulation of a building, efficient modern systems can lower bills, reduce repair and replacement spending, and preserve property value, while outdated units can create unexpected expenses and vacancy risk.

energy star regulatory

"ENERGY STAR® certified efficiency: Homeowners can save up to 23%..."

A government-backed label that indicates a product, appliance or building meets set energy-efficiency standards. For investors, an ENERGY STAR rating signals lower ongoing utility and maintenance costs, stronger appeal to cost- and eco-conscious buyers or tenants, and possible access to incentives or reduced regulatory risk—think of it like a fuel-efficiency sticker that helps compare long-term operating costs and market desirability.

smart thermostat technical

"The ecobee Smart Thermostat Lite | Works With EcoNet® Technology is the newest..."

A smart thermostat is a heating and cooling controller that connects to the internet and learns user preferences to automatically adjust temperature, can be controlled remotely by a phone, and often uses sensors and schedules to save energy. For investors it matters because these devices can reduce utility bills for consumers, create ongoing service or data revenue for makers, and act as an entry point into broader smart-home ecosystems that drive sales and customer loyalty.

twh technical

"ecobee has helped customers across North America save over 41.2 TWh of energy..."

twh stands for terawatt-hour, a unit of electrical energy equal to one trillion watt-hours used to describe large-scale electricity production, consumption or storage. For investors, TWh figures are like reporting the number of gallons a company can produce, sell or use: they indicate scale, potential revenue, infrastructure capacity and exposure to shifts in demand or regulation, so meaningful changes can affect a company’s financial outlook.

AI-generated analysis. Not financial advice.

The ecobee Smart Thermostat Lite | Works With EcoNet® Technology is the newest addition to Rheem's smart thermostat lineup, introducing a simplified option designed for 24-Volt installations and boasting simple home integration, energy efficiency and more

ATLANTA, Feb. 12, 2026 /PRNewswire/ -- Rheem®, a leader in the HVAC and water heating industry, and ecobee, a leader in smart home technology, announced a partnership to launch the ecobee Smart Thermostat Lite | Works with EcoNet® Technology. This innovative solution delivers energy savings, seamless compatibility, and enhanced convenience for homeowners and contractors.

"ecobee is proud to collaborate with world-class partners to deliver scalable solutions that meet contractor needs and delight homeowners," said Dev Bala, VP of Product Management at ecobee. "This collaboration combines Rheem's expertise in innovative heating and cooling solutions with ecobee's leadership in smart home technology. The result is a thermostat that integrates with EcoNet® Technology to seamlessly optimize home comfort."

"Rheem's collaboration with ecobee exemplifies our commitment to innovative, sustainable heating and cooling solutions. Together, we aim to enhance energy efficiency and provide consumers with smart, reliable products that meet the evolving demands of modern homes," said Alex Housten, chief operating officer, Rheem Manufacturing Company.

Key product features include:

• Simple to install: Configuration options that ensure contractors can confidently help homeowners get the most out of their heating and cooling system.
• Full accessory control: Easily manage and control a one-wire HVAC accessory—such as a humidifier, dehumidifier, or ventilator—and integrate with ecobee accessories like SmartSensor room sensors to help maximize energy savings.
• Contractor connectivity: Contractors, using the Rheem Contractor app and intuitive QR codes, can easily register the system and warranty in minutes. With the addition of contactor contact information on the ecobee thermostat, homeowners have added peace of mind knowing they can quickly make contact if ever needed.
• ENERGY STAR® certified efficiency: Homeowners can save up to 23% on heating and cooling costs annually, with potential savings of up to $250 per year.*
• Smart home integration: Compatible with Apple HomeKit, Google Assistant, Amazon Alexa, and Alarm.com for effortless control.
• Sustainability: Features like eco+ and eco-friendly packaging help reduce environmental impact.
• Ease of use: Intuitive homeowner touchscreen and ecobee consumer app allow for temperature control and energy tracking anytime, anywhere.

Compatibility with Rheem Products: The ecobee Smart Thermostat Lite | Works with EcoNet Technology is designed to work seamlessly with non-communicating residential heating and cooling systems from Rheem brands, including Rheem, Ruud®, and Friedrich®. For a full list of compatible products, visit rheem.com/ecobeelite.

Rheem's EcoNet infrastructure enables physical and digital products to connect and communicate with each other within a single ecosystem. The EcoNet system includes Rheem brands' physical products, mobile applications, and a new digital platform, TotalView™, which will be available to Pro Partners®. A new family of digital tools, Rheem's soon-to-be-debuted TotalView, will enable near-real-time monitoring and configuration of EcoNet-connected products from anywhere with Internet access.

This compatibility ensures homeowners can enjoy a fully connected system that enhances comfort and efficiency, while contractors benefit from simplified installations and reliable performance.

The ecobee Smart Thermostat Lite | Works with EcoNet Technology is available now through authorized Rheem, Ruud, and Friedrich distributors across the U.S. and Canada.

For more information, visit www.rheem.com/ecobeelite or www.ecobee.com.

* Based on an internal analysis conducted in April 2021, ecobee customers in North America saved up to 23% on their heating and cooling costs.

About Rheem®:
For over 100 years, Rheem has stood as a trusted partner for residential and commercial innovations. From its humble beginnings in 1925, Rheem has grown into a leading global manufacturer of heating, cooling, water heating, and commercial refrigeration solutions, committed to sustainability, and enriching lives through innovative design, technology, and enduring quality.
To learn more, visit www.rheem.com.

About ecobee: 
ecobee Inc. was founded in 2007 with a mission to simplify everyday life while creating a more sustainable world. Since launching the world's first smart thermostat in 2009, ecobee has helped customers across North America save over 41.2 TWh of energy, which is the equivalent of taking all the homes in New York City off the grid for a year. Today, ecobee continues to innovate with smart home solutions that solve everyday problems with comfort, protection, and conservation in mind. In 2021, ecobee joined Generac Holdings Inc. (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions, and other power products. Generac and ecobee share a vision to deliver a cleaner and more sustainable energy future for customers and communities. The Generac and ecobee home of the future will be more comfortable, secure, resilient, and efficient. For more information, visit ecobee.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/rheem-and-ecobee-partner-to-launch-the-ecobee-smart-thermostat-lite--works-with-econet-technology-302685968.html

SOURCE Rheem

FAQ

When did Rheem and ecobee launch the ecobee Smart Thermostat Lite (GNRC)?

They launched the product on February 12, 2026. According to the companies, the thermostat is available now through authorized Rheem, Ruud, and Friedrich distributors across the U.S. and Canada.

How much energy can homeowners save with the ecobee Smart Thermostat Lite (GNRC)?

Homeowners can save up to 23% on heating and cooling costs annually. According to ecobee, this estimate is based on an internal analysis conducted in April 2021 and represents potential savings for North American customers.

Which Rheem products are compatible with the ecobee Smart Thermostat Lite (GNRC)?

It works with non‑communicating residential systems from Rheem, Ruud, and Friedrich. According to the announcement, a full compatibility list is available at rheem.com/ecobeelite for installers and homeowners.

Can contractors register systems and warranties for the ecobee Smart Thermostat Lite (GNRC)?

Yes — contractors can register systems and warranties in minutes using the Rheem Contractor app. According to Rheem, intuitive QR codes and contractor contact fields on the thermostat simplify registration and support.

Does the ecobee Smart Thermostat Lite (GNRC) integrate with smart‑home platforms?

Yes — it is compatible with Apple HomeKit, Google Assistant, Amazon Alexa, and Alarm.com. According to ecobee, the thermostat also supports ecobee SmartSensor accessories and the ecobee mobile app for remote control and energy tracking.

When will Rheem's TotalView digital monitoring be available to Pro Partners for GNRC products?

TotalView will be available soon to Pro Partners for near‑real‑time monitoring and configuration. According to Rheem, TotalView is a new digital platform within the EcoNet ecosystem, though no exact launch date was provided.