What’s with the energy management hype?

And why do you as a resident need to get on board?

You just woke up, and everyone everywhere it talking about their efforts to save the planet. Congratulations. It’s almost 2017, and you’ve (apparently) only just now discovered green, efficient living.

It’s the current big thing (okay, it’s been a big deal). With government officials attempting to enforce energy efficiency efforts, the commercial sector has given Energy Management Systems (EMS) serious consideration. Now, the energy interest is increasing on all levels. We are realizing that there’s a very real way we as residents can affect change on the planet.

Good change.

Homeowners and renters are getting more and more opportunities to pursue efficient living. There’s plenty of technology out on the market as gamified apps and smart thermostats catch on. The question is why should you care? Sure, maybe you can go green. But, what does a Home Energy Management System (HEMS) do for you? Why should you hop on this bandwagon?

Let’s be broad first. Energy monitoring really could change the world. Well, if we implemented the right strategies. After all, about 21% of just U.S. energy is consumed through the residential sector. If we as a country of homeowners and renters start changing our use, imagine what it could do nationwide? Globally?

So, let’s break down how HEMS actually work. Basically, they monitor exact energy consumption. They help users see and recognize areas of waste. And, they provide solutions so utility bills can be lowered. They help residents understand how energy use occurs, and positively impact the environment. Simultaneously. Use of energy monitoring tech can be summed up in four simple steps.

Track consumption

HEMS and EMS track actual energy use. They report data back in a timely fashion, either as use occurs or shortly after. That way, you can be productive with the feedback. Data is recorded in easy to understand graphs that indicate peak use times and average consumption.

Receive opportunities to save

The systems typically produce efficiency solutions as well. Like increasing thermostat temperature, or even fixing appliances. They notify of waste, like an appliance being left on too long.

Take action

After solutions have been proposed, it’s up to you to take action. If the HEMS utilize remote control, this can be done through a smartphone. Lights are switched off or the temperature increased even when away. Learning new use habits or even replacing equipment is included in this step.

Track progress

After steps are taken, HEMS allow you to track new energy progress. You can see the results of your actions. And celebrate.

Now, repeat.

Even with all the rewards and positive impacts of EMS, different groups have hesitated to engage with them. In fact, both building owners and residents have displayed worries. But, more and more are getting their questions answered.

The effect is a continual growth in this market. The global EMS market is expected to grow at 17.3% CAGR until 2022. And HEMS users are expected to reach 63 million by 2020.

Resident or building owner. Seeking to save money or reduce your carbon footprint. Whoever you are, energy efficiency should be important to you. And now, it’s easier than ever to save money, and the environment. At the same time.

Who doesn’t like the sound of that?