Bringing Energy Efficiency and Cost of Ownership to Online Shopping

Date: 
June 8, 2012 - 12:00pm
Location: 
90-3122
Seminar Host/Point of Contact: 

Enervee brings a new approach to online shopping that enables consumers, businesses and governments to buy products based on the personal cost of owning things rather than just the purchase price.  While there are many publicly available data sources to find product energy consumption, there is no easy way to calculate how much it will cost to operate a product based on one's local electricity rate (there are over 3,000 different US utilities) and personalized usage profile (i.e. how many hours of TV watched per day).  Enervee hopes to influence purchasing decisions during the shopping process by showing a straightforward comparison of total cost (purchase price + energy cost) for TVs, Refrigerators, Computers, and other appliances.   We will describe how Enervee sources product and energy cost data and also go into depth on Enervee's proprietary data model for running these calculations for the TV product category.  In addition, we will explain how the Enervee decision engine is extensible to other commodities such as water, gas, and also other markets such as the EU. Finally, we will conclude our presentation with a discussion of how Enervee can better utilize publicly available data sources to provide a meaningful rating of a product's energy efficiency. www.enervee.com       A recording of this seminar is available at:  https://vimeo.com/44251368   (Sound quality is great, but unfortunately the slide show did not record.) Please click on the link below to download a PDF of the slide show so you can follow along as you listen to this presentation.)  

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