Explain with the examples how IoT conserves energy and saves money?
Question :
Explain with the examples how IoT conserves energy and saves money?
- IoT-based real-time monitoring systems brings optimum use of energy and saves money. For example, thermostats enable people to remotely monitor and control the temperature of their heating and cooling systems. The advantage of using a smart thermostat, is that we can over-ride the scheduled programming to raise and lower the temperature remotely.
Similar to thermostats, smart water heaters enable us to raise and lower the water temperature in our tank from anywhere we have an internet connection. For example , suppose we take a shower every night at 9:00 p.m. We can program our hot water heater to start heating the tank at 8:00 p.m. so that by the time we need it, the water is nice and hot. The rest of the day, the hot water heater is turned off.
- Sensors
integrate with the lighting system in order to turn lights on or off depending
on the presence of people in the room. A smart lighting system will notify us
via text messaging if a light was left on. The energy savings of a smart
lighting system can be very significant.
- A
smart grid basically promises to extract information on the behaviors of
consumers and electricity suppliers in an automated fashion in order to improve
the efficiency, economics, and reliability of electricity distribution.