MOORESVILLE, N.C., May 8, 2017 /PRNewswire/ — Lowe’s Companies, Inc. today announced the release of a professional monitoring service for the all-inclusive, market-leading price of $14.95 per month for its Iris smart home security system. The new professional monitoring service gives residential customers the ability to have emergency responders dispatched to their homes in the event of a security, smoke, carbon monoxide or panic alarm with no long-term contract required.