Have you ever been curious exactly how much your appliances and other electronics are costing you to run? You could use something like a Kill-a-Watt which measures the amount of electricity being pulled on a single outlet, but what if you want to keep track of the electricity usage across your entire home? This is where the PowerCost Monitor can really come in handy. It’s an easily installed gadget that is intended to help monitor your electric usage remotely.
This two-part device includes a transmitter and a receiver. The transmitter installs with a simple ring clamp to your external electric meter (digital or analog AMR, AMI, and Smart Meters) and uses a censor to determine the speed and measurement of usage. It then transmits this measurement to the PowerCost Monitor inside.
The whole thing can be installed in about 20 minutes, including the software setup.
The PowerCost Monitor can not only tell you how much electricity you’ve been using, but how much it will cost you come billing time. You can call your electric company or look for a detailed rate card included in with your monthly statement. Some companies have tiered pricing, and this device supports varied rates.
So, other than double-checking your bill, what makes something like this worthwhile? Well, by seeing exactly how much electricity your drawing can help you determine a plan of action to lower your monthly electric bill. Turning off lights, using fans, changing your thermostat settings, and other various cost-saving methods can be put to the test with this real-time monitor.
The range between the transmitter and the receiver is 30 meters (100 feet), which is long enough to reach nearly completely across most houses. It doesn’t take up much space at all. The PowerCost Monitor will not work with net metering applications such as wind and solar, or on a business meter that uses demand pricing.
In the southern US, the largest component of your yearly energy cost is air conditioning. Often, summer-time electric bills can double and even triple due to the energy required to cool most homes. A device like this can keep you informed and let you know what to expect come the end of your billing cycle. More importantly, it can help you discover the settings that work best for you and your budget.