This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Cut Energy Costs by Creating a 'Smart' House

By Ellen Chang

NEW YORK ( MainStreet) -- Finding ways to reduce the amount of energy used in your home is now even easier with the push of a button by accessing your apps.

Consumers now have many options to chose from so they can lower both their electricity bill and energy usage without having to spend hours installing a new product. Many products now are Wi-Fi enabled so you can access your devices even when you are at work.

Lights Out!

If you are at work and forgot to turn off your lights, now you can solve your problem by tapping your smartphone. A new light bulb called Robosmart--made by Smartbotics, a Los Gatos, Calif. startup--allows you to turn it on and off simply by using your smartphone, laptop or tablet. The light bulb is embedded with a Bluetooth sensor and works with an app compatible with Apple's iOS platform. By August, Android users will also be able to utilize the device.

"We wanted people to be able to save more energy, consume less power and pay less for their electricity," said Kelly Coffey, founder and chief executive of Smartbotics. "We are creating a product that will help you save money automatically."

The light bulb can also sense how far away the user is and will turn itself off if you leave the room, he said.

Smartbotics plans to expand its capabilities to outlets and to temperature sensors in the future so that you can make your home automated. In the works is a light sensor which would be used for light harvesting. If a room is lit by sunlight, the light sensor will notify the lights to dim or turn off automatically, Coffey said.

"We hope to make it so simple to use that the average Joe would want to buy this product and take it home," he said. "In the future you can get home automation without having to sign up via your home wireless data network."

Although the light bulb is sold currently online via the Smartbotics website or at Los Gatos hardware stores only, the product will hit other hardware stores later this summer and the big box electronics stores by fall. While paying $40 for a 40-watt light bulb seems expensive, Coffey said each bulb should last 10 years if it is used for three hours a day. Eventually, consumers will only pay $20 for a bulb. Each bulb should save an average of 72 cents annually.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,172.68 -107.06 -0.62%
S&P 500 1,994.29 -16.11 -0.80%
NASDAQ 4,527.6890 -52.10 -1.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs