Smart AppliancesJoel Brown, Jeremy Glassenberg, Matt
Grieco, Adam Stout, Sean Travis
Leaking Appliances Consume 5-23% of
ElectricityTelevision
Stove
Computer Monitor
Cable Box
Answering Machine
Cordless Phones
...or all of the power produced by 103 Nuclear
plants in the US
Smart Appliances Reduce Electricity
Consumption
Optimizes Usage to Off- Peak Hours
Considerable Cost, Electricity and
Environmental BenefitsReduce or eliminate energy leakage (up to 23% of total consumption)
Reduces peak hour energy consumption
Potential government and utility support
Additional Research RequiredFeasibility of insulating freezers and hot water
heaters to make non-peak energy consumption possible.
Interoperability between a Honeywell’s new devices and existing household appliances. “The Clock Issue”
Market potential – Better understanding of the market size, customer’s willingness to pay for such products, and R&D / COGS costs.
Willingness of government and/or utilities to provide incentive for non-peak energy usage
Recommended
