Energy consumption is a hot topic but, despite the hype around being more efficient and "going green," the market has yet to deliver a one-stop, cost-saving, home energy management solution that's easy for consumers to understand and use. Direct Energy, Whirlpool Corporation, Best Buy, Lennox International and OpenPeak - all leaders in their respective industries - are hoping to change that tomorrow when they unveil a prototype of the Home Energy Manager (HEM) at the 2010 Consumer Electronics Show (CES).
The HEM is also designed to serve as an information and entertainment center in the home, providing access to news, weather, health, social networking, music and movie applications. In addition, there will be an online application store where consumers can build on the platform by downloading other applications that interest them. According to preliminary data, the HEM prototype could save consumers up to 25 percent per month on their energy bill.
The HEM leverages the opportunity created by the deployment of smart meters to residential homes, allowing consumers to track and control their energy use and costs on an easy-to-use, touch-screen device with an intuitive, graphic user interface. With the HEM, consumers will be able to manage their energy spending proactively by setting pre-determined budget limits and ensuring that appliances operate within specific parameters. Consumers will also be able to program the system directly or remotely to avoid energy consumption during peak periods.
For the full press release, click here.
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