Smart Appliances Joel Brown, Jeremy Glassenberg, Matt Grieco, Adam Stout, Sean Travis.

Smart AppliancesJoel Brown, Jeremy Glassenberg, Matt

Grieco, Adam Stout, Sean Travis

Leaking Appliances Consume 5-23% of

ElectricityTelevision

Stove

Computer Monitor

Cable Box

Answering Machine

Cordless Phones

http://images.google.com/imgres?imgurl=http://www1.istockphoto.com/file_thumbview_approve/4319599/2/istockphoto_4319599_stylish_retro_tv.jpg&imgrefurl=http://www.istockphoto.com/file_closeup/object/4319599_stylish_retro_tv.php?id=4319599&h=380&w=380&sz=23&hl=en&start=5&sig2=1bh3OqhJGJsZ2X1bEp7AMA&tbnid=2wRvRmID7vk5uM:&tbnh=123&tbnw=123&ei=-2PyR-aVLoyGeufesIgB&prev=/images?q=tv+shape&gbv=2&hl=en

...or all of the power produced by 103 Nuclear

plants in the US

Smart Appliances Reduce Electricity

Consumption

Optimizes Usage to Off- Peak Hours

Considerable Cost, Electricity and

Environmental BenefitsReduce or eliminate energy leakage (up to 23% of total consumption)

Reduces peak hour energy consumption

Potential government and utility support

Additional Research RequiredFeasibility of insulating freezers and hot water

heaters to make non-peak energy consumption possible.

Interoperability between a Honeywell’s new devices and existing household appliances. “The Clock Issue”

Market potential – Better understanding of the market size, customer’s willingness to pay for such products, and R&D / COGS costs.

Willingness of government and/or utilities to provide incentive for non-peak energy usage

Smart Appliances Joel Brown, Jeremy Glassenberg, Matt Grieco, Adam Stout, Sean Travis.

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