Do home energy monitors save money?

[theodoremier]

I don't know if it is on the right thread, pardon me. I just want to ask if it is really true that home energy monitor can lessen your electric bill. There are some promising thoughts but I need some advice. Thanks.

[Frugal]

I don't know. I have been wondering if it would save us money myself lately. I have heard they work. Lately, though, I have just started unplugging my energy guzzling TV, and that seems to help...

[GrimJack]

There are some surge protectors that kill all power when the primary item is turned off - like when I shut down my computer, all the various peripheral devices lose power. Any device that has a bulky converter on it will always use a little bit of power unless they are unplugged or they lose power.

[Maggie55]

To answer your question, you can now via a Smartphone remotely monitor or automate all functions in your home from energy like gas, electric and home security. I forgot name of company that provides service, I'll have to ask my friend. So, yes it does work and work it.

[snafu]

One beneft of a home energy monitoring system would be awareness of your home's energy use. It would verify whether your meter is accurate. Many items in our home are gobbling 'phantom' KWH when not actually in use.

If your community offers energy audits, they can work out cost benefit ratio of simple changes for major reductions in over all energy use.

[bjl584]

It may help. It depends on how much power your houshold uses. My electric bill was always low because I lived alone, so for me, the benefits would have been too low to justify the cost of having a monitoring system.