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“Smart-grid technology starts in the home.” Understand your energy usage. Take control to save money!

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Presentation on theme: "“Smart-grid technology starts in the home.” Understand your energy usage. Take control to save money!"— Presentation transcript:

1 “Smart-grid technology starts in the home.” Understand your energy usage. Take control to save money!

2 Home Electricity Usage Household electronics have doubled in past 30 years. We want you to be aware of your usage, which could be reduce by as much as 20%. *DOE suggested in 2005 1

3 2 System Setup

4 Demo 3

5 Potential Market *Pikes Research 2011 *ABI Research 2009 *GreenTechMedia 2011 *US Census 2011 4

6 Competition 5

7 Initial Rollout Starter Kit: Free Web/Mobile App Add-ons: += $99 $39$19 6-outlet Power strip *cost to manufacture = $20-30 *cost to manufacture = $15 *cost to manufacture = $5 Outlet-cover 6

8 Initial Market Year 1 Year 2Year 3 7

9 Funding Device Development: - Designed and have proof of concept for all 3 devices - Ready to build communication node, powerstrips, outlet-covers - Patent and IP research Web Development: - Continue initial monitoring and home automation web apps - Need graphics designer early on - Explore software licensing 8

10 Short Term Goals 9

11 Projections 10 That’s ~1% of projected units sold just in 2016 (ABI 2009)

12 Summary 11 Our Team: Experienced in building both hardware and software solutions using unique and innovative technologies. Our Motivation: Help you understand how much electricity your devices are using and help you take control to save money. Our Product: Affordable and expandable set of outlet-covers and powerstrips that send power usage data to the web and can be remotely turned on and off. Short Term Goals: 1.Boards and devices are designed, we need funding to begin building first versions. 2.Website is under construction, need graphics designer. 3.Research patent and licensing opportunities. Long Term Goals: 1.Expand to product line of smart outlets for high energy devices (HVAC, washer/dryer, etc.) 2.Support online communities that can share, learn and even compete.


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