Google Partners with Energy Inc to Provide Households With Free Energy Management Software
Google launched in February a Web tool called PowerMeter, which lets consumers monitor how much electricity they use at home. The catch was that they had to have a smart meter installed by their utility. Now, consumers can buy Energy Inc's power-usage measuring device, called TED 5000, costing about $200, and use Google's software on top of it, without ever needing a smart meter.
The partnership between Energy Inc and Google's philanthropic arm is intended to expand the consumer market. While more and more utilities are moving to install smart meters, they still account for a small percentage of all U.S. electricity meters.
Google is also involved in developing the Clean Tech industry, and one of the products they are currently working on is mirror technology that could reduce the cost of building solar thermal plants by a quarter or more.
[Read More via Reuters]