• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechBrainstorm Health

This Gadget Could Save You Big Bucks on Your Power Bill

By
John Patrick Pullen
John Patrick Pullen
and
TIME
TIME
Down Arrow Button Icon
By
John Patrick Pullen
John Patrick Pullen
and
TIME
TIME
Down Arrow Button Icon
November 16, 2016, 12:28 PM ET
Sense home energy monitor
Sense home energy monitorSense

My electrician had his doubts — and I have to admit that I did, too. As he looped a pair of clamps around my home’s main electrical lines, he told me the smart home gadget I hired him to install inside my breaker box wasn’t anything more than a voltage meter.

“I could get you one of these for a fraction of the price,” he said. “And it would have an LCD display, too.”

In hindsight, his lack of faith in this newfangled device was misplaced. A small, orange brick with a white antenna sticking out of it, the $249 Sense home energy monitor doesn’t look all that special. But it differs from conventional voltage meters in two ways. First, it connects to your home’s Wi-Fi network, meaning it can relay your home’s energy usage data into the cloud for some pretty heady number crunching. And second, that information is then relayed to apps on your Android or iOS device, where you can get a comprehensive view of your home’s electrical activity.

“Think of it like the sensing layer of the future smart home,” says Mike Phillips, Sense’s founder and CEO.

I’m not typically bullish on any single piece of hardware. But after using the Sense, I can confidently say that after you install it, it will eventually become the smartest gadget in your home — and help you save money to boot.

With the help of an electrician (which the company recommends), connecting my Sense unit to my Wi-Fi network was a cinch. As soon as the app detected the breaker box-embedded sensor, it began collecting all the energy-use data my house was generating. But it took time before the unit gave me useful information. That’s because the Sense analyzes the electricity usage of every plugged-in thing in your home, identifies them, and then gives you all sorts of details about how they, and your home, operate.

Get Data Sheet, Fortune’s technology newsletter.

Phillips explains how the Sense works like this: First, the clamps around the main wire measure the amount of current flowing through the house. Plugging the sensor into two free breakers power the box and lets it take its measurements. With the current and voltage calculated, Sense can determine the total wattage, or power, coming into your home, just like a conventional power meter.

But Sense measures the power much more frequently than a conventional meter — a million times a second compared to about once every 15 minutes. All that sampling helps the Sense detect and track individual appliances in your home. Because your refrigerator draws power in a different way than your coffee pot, the Sense is, over time, able to differentiate between the two (and your other gear as well.)

Over the course of a month, the Sense discovered more than 15 different appliances in my house, distinguishing between washers and water heaters, microwaves and ovens. By and large, the system correctly identified and named my devices. That’s a good thing, because you can’t manually enter your own gadgets into the system. However, you can correct and rename appliances once Sense has detected and added them to your home’s profile, which is how I can tell the difference between when my kitchen or beer fridge kicks on.

Sense’s service is in its early days, but it’s impressive nonetheless. And as more people use the sensor, the company’s software will get smarter. “We’re building up this database of signatures of all these different things,” says Phillips. “In some cases, we can go down to the make and model.”

Phillips says he started Sense with an eye towards energy efficiency. But keeping a close eye on your electricity usage can help save you money, too. Sense users can go back and look at how often any particular appliance ran in the course of a month, week, or day. By checking the electrical usage of a given gadget, you can find ways to save on your electric bill.

You can also configure Sense to send alerts for each device it detects. On a practical level, that means you can get notifications for home security-related events like the garage light turning on. I set it up to notify me when my dryer turns off, making it helpful on laundry day. Sure, there are connected washers and dryers that do this, but my dumb laundry machines are just three years old. I’m not going to upgrade just for smartphone notifications.

After a month of chewing on my home’s data, the Sense gave me some revealing insight into how my home works. For instance, our loud bathroom fan, which sometimes gets left on all day, uses roughly the same amount of power as our microwave (which runs all of eight minutes per day). Our electric heat pump, which I feared made our energy bill soar, isn’t as expensive to run as I thought. And the biggest energy hog in the house isn’t the dryer or dishwasher, which are constantly running to keep our family of four in operation. It’s the hot water heater, which, according to Sense, represents nearly half of our energy usage. A quick look at the tags revealed that our 12-year-old tank is probably due to be replaced sometime in the near future. It’s these kinds of insights that make it truly worthwhile — and economic — to have a smart house.

This article originally appeared on Time.com.

About the Authors
By John Patrick Pullen
See full bioRight Arrow Button Icon
By TIME
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Google Cloud CEO Thomas Kurian at Fortune Brainstorm AI 2025 in San Francisco. (Photo: Stuart Isett/Fortune)
NewslettersFortune Tech
Google Cloud is almost one-fifth of Alphabet’s business
By Andrew NuscaApril 30, 2026
26 minutes ago
Photo: Donald Trump
Big TechMarkets
With no end in sight, Trump considers new options in Iran war—including the ‘Dark Eagle’ hypersonic missile
By Jim EdwardsApril 30, 2026
55 minutes ago
Google Cloud revenue is now 18% of Alphabet’s business. Is this the beginning of the end of Google’s search identity?
Big TechGoogle
Google Cloud revenue is now 18% of Alphabet’s business. Is this the beginning of the end of Google’s search identity?
By Alexei OreskovicApril 29, 2026
9 hours ago
Man wearing a suit and tie and glasses
Big TechTech
Microsoft, Meta, and Google just announced billions more in AI spending. Only Google convinced investors it’s paying off
By Amanda GerutApril 29, 2026
10 hours ago
A man in a suit and tie
InvestingMeta
Meta just bumped its 2026 capex forecast up to as much as $145 billion for the AI boom—and investors flinched
By Amanda GerutApril 29, 2026
12 hours ago
How JPMorgan’s CIO is reshaping work at the bank with a $19.8 billion annual tech and AI budget
NewslettersCIO Intelligence
How JPMorgan’s CIO is reshaping work at the bank with a $19.8 billion annual tech and AI budget
By John KellApril 29, 2026
18 hours ago

Most Popular

Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
Success
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
By Preston ForeApril 27, 2026
3 days ago
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
Energy
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
By Shawn TullyApril 29, 2026
1 day ago
‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workers
AI
‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workers
By Sasha RogelbergApril 28, 2026
2 days ago
Jamie Dimon gets candid about national debt: ‘There will be a bond crisis, and then we’ll have to deal with it’
Economy
Jamie Dimon gets candid about national debt: ‘There will be a bond crisis, and then we’ll have to deal with it’
By Eleanor PringleApril 29, 2026
1 day ago
‘They left me no choice’: Powell isn’t going anywhere—blocking Trump from another Fed appointee
Banking
‘They left me no choice’: Powell isn’t going anywhere—blocking Trump from another Fed appointee
By Eva RoytburgApril 29, 2026
16 hours ago
More than two-thirds of U.S. schools say they’re unable to afford the cost of student free lunch—and MAHA’s dietary guidelines may make it worse
Economy
More than two-thirds of U.S. schools say they’re unable to afford the cost of student free lunch—and MAHA’s dietary guidelines may make it worse
By Sasha RogelbergApril 29, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.