Times are tough and people are cutting down everywhere. Why not try and cut down on one of the expenses that you'll pay almost every month of every year? That's the kind of thinking that brought TED together. TED is an acronym for The Energy Detective.

The best way to save money on your energy bills is information. TED monitors your home energy usage and displays it on a central monitor. The really nifty thing is that it tells you how much exactly you are saving and the costs per hour, per day and per month. It can also project how much you are spending. The makers say that this gizmo will save you between 10-20% in electricity bills each month. TED can also connect to your computer for even more data analysis. It's also an easy way to find out if you are just using too much power when you aren't around. Lights are sometimes on, heating is higher than it should be and appliances can easily be left on without anyone remembering to shut them off. TED takes care of that. A quick glance and you'll know what's up. TED is very sensitive. All it takes is 10W of power usage for TED to notice.

Unlike a few other systems, it doesn't have any remote operating possibility, meaning that if you notice that something is on from work, you can't switch it off. Actually, with TED you can't even check from a distance. One of the ways you could do this for heating is using Ecobee thermostats. However due to its low cost and serious impact on your utilities bill, TED sounds like a winner.

Within a few months, you'll be saving a lot of money and reducing your carbon footprint. Now that sounds pretty good. TED is available for purchase online through the TED website.

[via GearCrave]

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