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Karan

It's Never Too Late • 1y

Wht abt this start up idea? Problem: Many households struggle with high energy bills and inefficient energy usage, leading to unnecessary costs and environmental impact. Solution: Develop a Smart Home Energy Optimization Service that combines advanced IoT devices, AI-powered analytics, and personalized recommendations to optimize energy usage in homes. It will track how much electricity cost is going in which all appliances, where there will be sensors. So the user can have a track of all this bills and can get an idea how to reduce it.

10 Replies

Replies (10)

SHAYAN DEEP PAL

GO BEYOND! • 1y

Can't we put a single sensor instead of putting sensor on each device.... Cost effective

1 Reply

Aditya

Working on IDEA • 5m

had thought of this idea couple of years ago. Main reason to drop this idea is - irregular electricity/power cuts in India and cyber security. Building firewall is ain't easy as it needs regular updates.

Himesh Jain

Chasing for infinity • 1y

So you mean to save some hundreds I install advanced tech worth thousands

Looper

If nothing goes righ... • 1y

Bruh but this is not for avg consumers. They don't even have a high electricity bill at all. Also in many places gov gives free electricity. Currently electricity is not expensive and people do not even think about it at all. But but, your problem is a very futuristic. This will work in future. When global warming hits hard. People can't live without AC and every household have min 2 ACs and there is scarcity of coal and electricity. Then this is needful. See even if you start this. You service will become a cost for them right. Then there is no point as currently numerous households avg electricity bill is below 1000

pj mourya

Thinker strategiest ... • 1y

See others pov may be different and your idea could work but in my pov See it's only effective if you build something that on its own track and control energy supply on itself The households. Just care about the saving they don't want to know which stuff is consuming how much energy Also you can see that the household which are very conscious about thier power consumption themselves keep a track that how much time one thing or another thing is working and it ended up for them reducing their bills it's not effective as your but it does effect right On the other side there are households who don't care much about the consumption and just say at the end that it's too much this time and again do the same thing so this kind of people may buy it but with a lesser possiblities Instead give them better electricity supply options Try solar or etc jio is also going in the solar panel very soon

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