Can ThinkEco Help Users Reduce their Electric Consumption?
ThinkEco is a New York City based company in the Internet-of-Things (IoT) and energy spaces. They’ve created a piece of hardware called the “Modlet” which connects to their website and mobile apps, allowing customers to monitor their home appliances remotely. The software allows the user to view their personal electricity consumption, be able to control it, and consequently save energy. More importantly for the fiscally-motivated, it helps significantly reduce the customer’s electricity bill.