Utility companies do little more today than providing a bill at the end of the month reflecting the total usage for the month and the amount to be paid. While a few utilities do provide basic historical data, it is still insufficient to indicate potential efficiency opportunities. The demand for power is growing and this power is used to operate gadgets and devices which were unheard of a decade ago. Understanding their nature of operations and consumption patterns will help in optimizing the energy demand without compromising on user comfort.
Monitoring the diverse set of devices requires an innovative and cost effective solution. One option is to build energy efficient devices. The other option is to monitor the devices at the source of their power.
Imagine a world where each plug is able to report how much energy is being consumed by the appliance connected to it. A world where in addition to just being able to turn on or off the device remotely, you could schedule it to operate at pre-defined times. Turning off the device would mean just that and eliminate standby power. You could compare your usage with others in your community and share tips on energy efficiency.
You would finally be able take control of your energy usage − be smart about energy...