Proving the Business Case for the Internet of Things

Energy monitors will knock $4.8 billion off UK energy bills, claims Smappee

Iain Morris
July 15, 2014
 
Belgian energy management specialist Smappee has launched a new energy-monitoring service in the UK market, claiming the technology will cut as much as £2.8 billion ($4.8 billion) from energy bills.

The technology works by “intelligently measuring” energy use by individual devices and appliances in the home, allowing consumers to take immediate action to reduce power consumption.

The system comes with a free app for smartphones and tablets, providing details on which home appliances are gobbling up the most energy.

The app means customers can also check whether they have left an appliance switched on when they are outside the home and turn it off remotely.

Research suggests that energy waste adds more than £110 to the average consumer’s energy bill annually, with most households oblivious to the cost of standby power consumption.

That means consumers are paying energy suppliers more than £2.8 billion in unnecessary electricity bills every year, says Smappee (Kortrijk, Belgium).

“The cost of energy waste is an unnecessary burden on British households,” said Stefan Grosjean, the founder of Smappee. “Our goal is to reduce power consumption in the UK by helping people to change habits, become more aware of their on-going energy use, and realize sustainable savings.”

“Depending on a user’s consumption pattern, Smappee pays for itself in just over a year and realizes cost savings of over £500 across five years,” he added. “More importantly, you’re helping to achieve a more sustainable world for everyone; lowering the burden on already strained power grids and on the environment.”

The monitor can be installed by clamping a sensor around the main power cable of a household meter.

The single monitoring point allows the Smappee system to measure energy consumption and send data about individual devices in user’s home to his or her smartphone or tablet.

Graphs on the display indicate energy use and costs per day, with different devices identified through the “interference pattern” of each item.

By identifying where electricity is wasted, the energy monitor can reduce electricity bills by an average of 12% in a four-person household in the UK, claims Smappee.

The technology can also measure the performance of solar panels a user may have in the home, indicating the exact contribution these make to a home’s electricity.
 
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