Google Power Meter
Lord Kelvin said it more than a century ago: “If you cannot measure it, you cannot improve.”
Today, it’s become a business cliche: “What you don’t measure you can’t manage.”
In that light, and against the backdrop of the UN climate negotiations unfolding here in Copenhagen, Google, GE, The Climate Group and NRDC came together to call on governments around the world to provide people with real-time information on their home energy use.
Simply getting useful and timely information (as opposed to a monthly bill) about their electricity usage drives people to curb usage and reduce their greenhouse gas emissions by 5 to 15%, the companies said and studies show. When their usage is compared to their neighbors’, they cut back even more.
“This simple but bold call to action makes common sense,” said Steve Fludder, who oversees GE’s EcoMagination efforts.
The technology to deliver real-time information about electricity consumption — essentially, a meter and software — exists today and it’s not expensive.
GE makes so-called smart meters that it sells to electric utilities. It is also developing a wireless home energy monitor to be sold to consumers that will measure electricity usage, let consumers know which gadgets or appliances are using power, and communicate with so-called smart appliances so that dishwashers or dryers can run during times of the day when electricity is cheaper. All this is part of the smart grid and smart home you’ve probably heard about. [click to continue…]
Today, President Obama travels to Arcadia, Florida, home to one of the nation’s biggest solar power plants, to announced 100 grants providing a total of $3.4 billion in recovery-act funding for the smart grid. The federal money will unleash $4.1 billion of private investment that, according to the government, that will bring smart meters to about 18 million American homes, or 13% of homes. It’s a big deal.
What would a smart grid mean to you? In theory, you could save money by running appliances like dishwashers or dryers at night when electricity is cheaper. You’d know how much it costs you to watch that big-screen TV. (Care to take a guess? Read on.) If you installed solar panels on the roof, you could sell electricity back to the grid. Or recharge that electric car you may buy in 2010 or 2011.
The laudable goal is to empower consumers to buy electricity the way we buy groceries or gasoline or airplane tickets –where we know what we are getting and what it costs when we make purchasing decisions. Right now, we consume electricity without knowing how much we are using, understanding where it’s going or knowing the price until an unintelligible utility bill arrives in the mailbox once a month.
The trouble is, layering intelligence and transparency into the electricity grid requires action by two of the slowest-moving entities in all of America–the federal government and the regulated utilities. So you can be certain this won’t be an overnight transformation.
In fact–irony of ironies–the news that Uncle Sam was going to be subsidizing smart-grid rollouts has inadvertently slowed down the process, albeit temporarily. About 570 applications were filed seeking a total of $14 billion in grants. While waiting to see who got the grants and who didn’t, some utilities put their plans on hold. [click to continue…]