Sense uses machine learning to slash home energy consumption

Venture Beat January 16, 2019

Few folks are aware of how much electricity their household consumes on a daily basis, according to the U.S. Energy Information Administration’s Residential Energy Consumption Survey. Among smart meter owners in 2016, only 8 percent reported knowing that they had access to hourly or daily data, and just 4 percent said they’d viewed that data. That’s all the more discouraging when you consider that always-on devices like DVRs and game consoles account for 23 percent of home energy usage — a total of $40 billion annually nationwide.