Intel is launching a scheme aimed at those looking to secure cheap energy with the introduction of a new monitoring kit.
Announcing the kit at the Intel Developer Forum, the company said it hopes that the technology, which will allow energy consumers to view detailed patterns of energy usage, will help them reduce the amount of energy consumed, V3.co.uk reported.
Tom Aldridge, Intel's director of energy systems research, explained that any homeowner will be able to install its inexpensive wireless sensor.
"It's a prototype system to identify savings at low cost, using computational signal analysis of the AC line, with a low-cost wireless sensor that communicates back to the consumer's home network," the news provider reported him as saying.
The device can be plugged into a socket in the wall and is able to communicate with a computer via a Wi-Fi network.
Last month, Intel praised the US's Federal Communications Commission's National Broadband Plan, which it believes has the potential to "spur economic growth".
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