Making Energy Personal
Intel® Technologies Connect Consumers and Utilities for Energy Management
The power grid is becoming smarter and better equipped to keep up with user demand and reduce costs for utilities. While smart grid infrastructure is being updated to be more connected and efficient, it is essential that end users monitor and manage their own consumption in order to level demand and reduce overall usage.
The home energy dashboard based upon Intel® architecture involves consumers in energy management and enables utilities to roll out time of use pricing, demand response and other energy saving programs. At the same time, it allows consumers to maintain comfort and satisfaction.
Raising Energy Consumption Awareness
With the smart grid gaining momentum, utility operators are trying to encourage residential customers to take more control over managing their energy costs. Customers can shift usage from on-peak to off-peak time periods and benefit from alternative pricing options, assuming they have information that allows them to correlate their consumption patterns with more complex rate structures. But when customers don’t understand how new pricing programs work, the ramifications can be significant.
For example, the initial rollout of smart meters has raised apprehension from a number of consumer advocacy groups concerned about issues of confusion, privacy and even safety. This is not necessarily because meters themselves are bad technologies, but because consumers need complementary technologies to bridge the gap in understanding created by the meter rollout. It’s clear – energy customers require solutions that enable them to understand the impact of new pricing programs in order to make better decisions and successfully implement demand pricing.
Read the full Making Energy Personal solution brief.