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October 30, 2007

ENN: GE says smart panel to cut power bills

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utilitybills.jpg NEW YORK (Reuters) - General Electric Co said it is developing a control panel that should allow homeowners to trim rising utility bills by helping manage power and water consumption.

The “eco-dashboard” will be available in December in new home developments in southern and western U.S. states, areas where power and water supplies are particularly stressed, Juan de Bedout, a renewable energy specialist at GE’s global research center in Niskayuna, New York said late last week.

The panel is designed to show ratepayers how much money they would save if, for example, they pre-cooled or pre-heated their homes before electricity prices went up during periods of peak load, typically in the early evening. They also could set the panel to turn up the air conditioning, or run the clothes drier only when the power price gets below a certain level.

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