What you don't know won't hurt you? Not quite. When it comes to saving energy, what you don't know can hurt you in the wallet. A recent study reports that providing households with digital tools to monitor their energy consumption can decrease peak loads on the grid by 15%. This translates into a $70 billion savings over 20 years for power plants and related infrastructure.
During the study, internet connected thermostats and appliance controllers allowed homeowners to set ideal home temperatures while being informed of the impact those settings would have on energy prices. This way users could determine the trade off they were willing to make between cost and comfort with a few simple clicks. A little extra incentive to put on that sweater rather than increasing the setting on the thermostat.
-via The New York Times