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But privacy and security will always be the highest concern for potential smart homeowners.
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Previous studies have shown that smart meters encourage homeowners to cut their energy use by 3-15%, although experts warn that the technology requires consumer education and is not an "install and forget" energy-efficiency measure like loft insulation.
Supporters told us they wanted to hear more about the positive climate stories – the new technologies that are capturing the sun's energy even more efficiently; the rapid drops in the price of renewable energy; the currently off-grid communities in Africa that are developing clean power; the smart technology helping homeowners to use less energy.
Ishmael Reed ("Guess Who's Coming for a Mortgage?," Op-Ed, Jan . 16 is a smart and prudent homeowner who left mortgage lenders that attempted a "bait and switch" by raising the rates immediately before the closing.
So, in many instances, it still might be smarter for these homeowners to simply strategically default.
Nest ushered in the Internet of Things movement with the company's smart thermostat, a device homeowners could use to replace their standard digital thermostats that promised to help reduce energy cost.
The seed round was led by RMR Capital, with participation from R/GA Ventures, Bullet Time Ventures, NYU Innovation Venture Fund, Rugged Ventures, Galvanize Ventures, and Brand Foundry Ventures, as well as strategic investors American Family Ventures and Comporium, Inc. Keen Home's first product is the Smart Vent which allows homeowners to control airflow to different rooms.
Smart homes also allow homeowners and builders to create a more healthy and efficient home.
For some homeowners, the smartest financial move is to hand over the keys.
Smart electric meters can tell homeowners how they're using power and how they might reduce their monthly electric bill.
UTILITIES are gradually installing smart meters that can tell homeowners the price of the electricity they're using at the time, including discounts for off-peak hours.
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