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GOOG PowerMeter Much Smarter – Analyst Blog

Zacks Market Commentaries (October 7th, 2009) Writes:
Google’s (GOOG) PowerMeter has started a new chapter. When the company first introduced the free electricity monitoring software back in February, usage was limited to those consumers that already had a smart meter. Management has since been in talks with various device makers and utilities in search of a solution.   The company has now announced its agreement with Energy Inc., which is the maker of a power usage measuring device called TED 5000, or “The Energy Detective". The device can be bought at a minimum cost of $200, which can go up to $300, depending on the features selected.   Installation of Google’s PowerMeter software on the device enables consumers to get near-real time information on power consumed. The system can provide information at 10-minute intervals, compared to roughly a day for the smart meter system currently offered by some utilities.   The delay related to utilities ...

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