The average home spends more than $2,200 per year on energy bills and roughly half of this amount goes towards heating and cooling, according to the Department of Energy. When a programmable thermostat is set and used properly, a homeowner can save about $180 annually. But the problem is, virtually everyone with a programmable thermostat doesn’t set or use it properly. Nest Labs, a Palo Alto-based start-up, aims to solve this problem with a new thermostat that’s simple, sleek, intuitive, and smart.
A few months back, the New York Times put a spotlight on the obscene energy use of cable, DVR, and other set-top boxes. There are 160 million set-top boxes in the US, according to the EPA, and these boxes annually consume about $3 billion in electricity. What’s shocking is the fact that about 66% of this electricity is spent when no one is watching and no shows are being recorded. In the home, the DOE estimates that two set-top boxes will use about 500 kWh of energy every year — more energy than it takes to run a new refrigerator!