How to Save Money When Buying iot energy meter

Written by: Paweł Nicewicz, Designer-Programmer

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You may be wondering why a software house designer and programmer is writing an article about IoT. Well, first of all &#; I am a man of many talents and a DIY enthusiast. And I do not mean repairing taps, which I will talk about in a moment Secondly, at Solwit we can transform everyday products into smart ones. We will delve into this soon. Today, I have decided to tell you a few things about creating your own IoT home system, how much it costs, and how much you will save on your bills, thanks to a few small improvements.

What is IoT?

You can find many interpretations of IoT on the web, but the simplest description is the &#;Internet of things&#;. You can also come across the IIoT, in which the double &#;I&#; is not a typo, but an extension to the &#;Industrial Internet of Things.&#; In general, IoT and IIoT are practically the same, differing only on the business layer &#; depending on how they are used. In the current &#;digital&#; world, we can very often come across those terms, but what are they actually?

Most of us live without realizing that we use IoT every day at home or at work. Have you ever, while relaxing on vacation, decided to use your smartphone to run or monitor a device at home? Do you receive an electricity bill even though no one wrote down your meter?

In the office, your workplace, can you feel like a Jedi and remotely open the window or close the blinds? If so, you are just using IoT! IoT is a set of devices communicating with each other via the Internet or an internal network, which make our everyday life easier, increase efficiency, and ensure our safety, or the safety of our houses. In industry, IoT, or rather IIoT, is mainly used to improve efficiency, reduce costs, or monitor, for example, the production process to increase the quality of manufactured products. 

Companies that use IIoT are all around us. For example, Solwit&#;s offices use a system that manages and monitors the entire building. This solution turned out to be so innovative that it has become a commercially-available product.

Today, almost all new office buildings, and often even newly-constructed residential buildings, are already equipped with IoT solutions.

Why we need IoT at home, even though we may not know it yet

Why do we need IoT at home? This question is quite tricky because most of us will think for a moment and say that it would be silly to spend a few hundred, or even a few thousand polish zlotys, to get such minor benefits, like the automation of the light in the living room or an autonomous vacuum cleaner.

The answer, however, is very simple. IoT at home will save us a lot of money. The solutions themselves do not have to cost a lot to start.

• Today, of course, we have ready-made solutions that we put together like Lego blocks and everything works out of the box.
• There are low-budget solutions that work the same way.
• And there is also another option &#; the way of the DIY enthusiast.

The internet removes boundaries and broadens horizons. With some quick research, we can find solutions created by enthusiasts that will cost a lot less than even those budget ready-made solutions and will provide us with the functionality of top-notch solutions.

So, returning to the question, &#;Why do we need IoT at home?&#; if saving money on house expenses does not convince you, maybe the satisfaction of creating something yourself, following the path of a DIY enthusiast, will.

How does IoT help you save money?

Another seemingly difficult question, but with a surprisingly simple answer. Thanks to energy savings. Here it may be surprising because the greatest savings do not lie specifically in electricity but in the energy that we use to heat our houses or apartments.

Nowadays, most of the lighting is LED, so shortening the lighting time of lamps by a few minutes a day will not significantly affect our bills unless we have a lot of lamps, but these are rather extreme cases. In the case of power-hungry devices, such as washing machines or dryers, we have to be consistent or limit the usage, because IoT will not help much here.

How much can we save on heating? The exact amount is a very individual matter, but I am already able to answer it in terms of percentage. Depending on the technology of the building and its isolation it ranges from 15% to 30%.

Taking, for example, a 60m2 flat in a new building, it is up to PLN during the heating period so that the entire heating control solution will pay off with interest within the first year.

Such a significant difference in the amount of energy used to heat an apartment is caused mainly by two factors.

• The first one is continuous automatic regulation to maintain a constant temperature using the necessary minimum energy. There is no case when the apartment is overheated or cold and requires much energy to get back to the right temperature.
• The second factor is the draft or open window detection, which stops the heating in critical situations in order not to waste energy on the air, which will soon be blown outside.

These calculations and conclusions result from experiments that I conducted in my apartment &#; every case may be different &#; this must be taken into account.

IoT can also significantly improve security, not just make life easier

It is mainly about building security, as in extreme cases, IoT can save our lives. You can install many devices that will monitor the temperature or air quality and detect potential fire danger or gas poisoning, e.g., by carbon monoxide build-up. The system will warn us and even automatically call the appropriate services.

There is even an IoT functionality that will start to improve the security of our property without increasing costs. Amazing, huh? This functionality is simulating your presence at home.

Most IoT systems are able to learn our activity and simulate our routine behaviors in our absence, such as turning on the lights in the living room or bedroom at certain times or closing and opening the blinds. You may be asking how this improves the security of your property. It&#;s pretty simple; because it protects you from burglary by deterring potential robbers. Such people usually observe the place they are about to rob and wait for the moment when it is empty to enter.

Learning models that simulate our behavior in a natural way play an important role here. After all, we remember the scene from &#;Home Alone&#; where the robbers watch the houses and know perfectly well which one is empty because specific lights turn on at exact intervals, in an obviously mechanical way. In the case of self-learning models that simulate our presence, this will not be the case. The model will activate the lighting, but in the way we would do it naturally &#; differently each time. It will effectively scare off criminals because they will never be sure if the house is empty.

This scenario is also a case of IoT elements that make our lives easier, such as lighting, fulfilling another function that significantly increases our security. In Solwit, we work on very similar industrial solutions that are able to learn by themselves and thus detect potential threats or defects of manufactured elements. These are also elements of IoT and, in fact IIoT.

IoT at home &#; how to do it and not go bankrupt

As I said, there are several ways to make your house become &#;smart&#;. A ready-made solution that offers a &#;Lego&#; approach, low-quality equivalents of such systems, and the most budget-friendly way &#; the way of the DIY enthusiast.

Following the DIY path, which may seem difficult, there is nothing to be afraid of because it does not require special skills or knowledge, just a little time to put together the dream solution. The way has already been paved &#; on the web, you can find step-by-step descriptions of what to do, how to do it, and what components to use.

If you don&#;t have access to dedicated servers to put the &#;brain&#; of our IoT in, don&#;t worry. A raspberry pi microcomputer, which costs about PLN 150, will be perfect. Compared to control units used in complete solutions, the prices of which are around PLN 500-600, this is nothing. And the software for our &#;brain&#; is free and widely available &#; there are several options to choose from, but the most popular one is HomeAssistant, a powerful tool created by enthusiasts. Using it, even someone with no technical skills is able to run and configure IoT for themselves.

Going further, let&#;s take the example of a light switch. To convert lighting in any room to the smart option, we can spend PLN 120-200 on each &#;ready-made&#; switch. It is not an astronomically high price, but when multiplied by the number of switches to fit the entire house, the cost rises to at least a four-digit number. Or, we can go the DIY enthusiast way and choose PLN 15-20 modules, such as the sonoof mini, which do not differ in any significant way from the ready-made system options. This will also allow us to keep the physical switches without having to replace them. And the same goes for all pieces involved in the IoT configuration.

The conclusion is this: the more time we spend reading and collecting information, the less money we spend, obviously following the DIY path.

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And now, the most important thing! How much can you save?

This can be considered in two ways &#; short-term and long-term. In both cases, the answer is the same &#; a lot.

In the short term, we will consider the investment in equipment. Following the DIY path, the costs will be about 70-80% lower than that of a ready-made solution. How much the costs differ depends entirely on particular cases&#; characteristics and the amount of equipment we want to install. One person will be satisfied with intelligent lighting and will spend PLN 300 instead of PLN , others will want heating, monitoring, activity supervision, and automatic blinds for this. In such cases, the amount to save by not choosing an off-the-shelf product may range from several to tens of thousands of PLN.

Moving on to saving in the long term. As I said earlier, the heating itself is a difference of 15-30% depending on the technology of the building, so the investment related to heating will pay off in the first heating period. Later, it is pure profit or rather money that does not flow out of our pocket. Lighting will pay off later because the difference in electricity bills will be marginal unless we do not use energy-saving or LED bulbs. Savings here do not exceed 3-5% a month.

As a third, bonus point, in the case of the safety area, the rate of return cannot be expressed in terms of money. It is enough to scare off the robbers once, and the investment pays off, saving us much stress related to the potential burglary.

Summary

IoT is the future. We live in a world where technology is moving forward constantly and becoming more available and cheaper every day. Not only does it allow us to add functionality to an apartment or a house and increase our comfort, but above all, it significantly reduces operating costs.

By investing in new technology and implementing IoT at home, we take a step into the future, lower our bills, and contribute to the improvement of the energy economy. We make a positive environmental impact. Today IoT is available for practically everyone. It is enough to find a solution tailored to your needs and if it is too expensive, build it yourself using the materials available on the Internet, therefore becoming a DIY enthusiast.

Do you want to create a dedicated IoT solution to modernize your product? Get in touch!

The Internet of Things (IoT) is rapidly transforming the way we interact with the world around us. From smart thermostats that regulate home temperatures to connected devices that enhance convenience, IoT is revolutionizing industries across the board. Real estate, in particular, has embraced the power of IoT to enhance the living experience, especially in places like Jaipur where tech-savvy homeowners are seeking smarter, more energy-efficient homes.

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What is IoT and How Does It Work?

IoT refers to the concept of connecting everyday objects, devices, and systems to the internet, allowing them to collect, exchange, and process data. This connection transforms simple devices into &#;smart&#; devices that can be controlled remotely or automated to improve functionality. The technology behind IoT involves sensors, smart devices, and networks that communicate with each other to carry out tasks automatically.

In luxury flats, IoT devices include smart thermostats, lights, refrigerators, security systems, and entertainment systems. For instance, a smart thermostat adjusts your home&#;s temperature based on your schedule, and a connected security system monitors your home&#;s perimeter, sending alerts when any unusual activity is detected.

IoT empowers homeowners to make their living spaces more intelligent, efficient, and personalized, allowing for greater control and automation over their daily routines.

Why IoT is Gaining Popularity in Real Estate

The rise of IoT in real estate can be attributed to the growing desire among homeowners for modern, technology-driven living spaces. As people&#;s expectations evolve, there is an increasing preference for homes that offer more than just traditional amenities. Homeowners are now looking for homes that provide greater convenience, energy efficiency, and enhanced security&#;all of which IoT offers.

In metropolitan areas like Jaipur, the demand for IoT-enabled homes is surging. Younger generations, particularly millennials and young professionals, are increasingly favoring smart homes that seamlessly integrate with their tech-driven lifestyles. This trend is driving real estate developers to incorporate IoT technology into new homes, with many premium builders in Jaipur now offering properties equipped with smart technology as a standard feature.

In addition to providing convenience and automation, IoT enables homeowners to make more informed decisions about energy usage. Through smart devices, individuals can monitor and control their home&#;s energy consumption, helping them reduce their utility bills while contributing to a greener, more sustainable environment.

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Benefits of IoT in Homes: A Smart Investment for Homeowners

Energy Efficiency and Cost Savings

One of the most significant advantages of IoT in homes is its ability to optimize energy use, which results in cost savings. Smart thermostats, for example, learn your schedule and adjust the temperature in your home accordingly, ensuring that energy is not wasted when you're not around. Similarly, smart lighting systems automatically turn off when rooms are unoccupied, reducing unnecessary energy consumption.

IoT also enables real-time monitoring of energy usage, allowing homeowners to track their consumption and identify areas where they can make adjustments to save money. This ability to control and monitor energy use can lead to substantial savings on utility bills, making IoT-enabled homes a long-term investment that pays off.

Convenience and Automation

Another major benefit of IoT in homes is the level of convenience it provides. With smart devices, homeowners can control appliances remotely, even when they&#;re not at home. For example, a homeowner can turn on the air conditioning an hour before arriving home, ensuring a cool and comfortable environment upon arrival. Similarly, a homeowner can turn off the lights, oven, or refrigerator if they forget to do so when leaving the house.

Voice-activated assistants like Alexa or Google Assistant further enhance the smart home experience, allowing users to control devices with simple voice commands. Automation allows homeowners to create personalized settings for different times of the day, whether it&#;s adjusting the temperature in the evening for a cozy environment or scheduling lights to turn on and off while away, creating the illusion that someone is home.

Enhanced Security and Safety

IoT also plays a significant role in enhancing home security. Smart security systems, including cameras, motion sensors, and smart door locks, provide real-time monitoring and alerts, allowing homeowners to stay informed about the security of their property, even when they&#;re not there. With IoT-based security systems, homeowners can remotely lock their doors, monitor who&#;s at the front door through smart doorbells, and receive alerts about unusual activity.

Additionally, smart sensors can detect smoke, carbon monoxide, or flooding, sending immediate alerts to homeowners. These automated features provide peace of mind, knowing that the home is being constantly monitored and secured.

Jaipur&#;s Growing Preference for IoT-Enabled Homes

As Jaipur&#;s urban landscape continues to evolve, there is an increasing demand for homes that combine luxury, modernity, and technology. Homebuyers in Jaipur are no longer just looking for spacious homes with beautiful designs&#;they want homes that align with their tech-driven lifestyles. The shift towards IoT-enabled homes is part of a broader trend of smart living that is gaining momentum in metropolitan cities across India.

Smart homes in Jaipur are now seen as a way to enhance comfort, security, and convenience. Many buyers in the city are particularly drawn to homes that offer energy efficiency, as well as the ability to automate daily tasks. With rising awareness about sustainability and green living, homeowners are increasingly seeking properties that offer energy-efficient features, making IoT-enabled homes highly desirable.

Additionally, the younger demographic in Jaipur, including millennials and working professionals, is more likely to seek out homes that offer the latest technology. These homebuyers appreciate the value of IoT, not only for the convenience it offers but also for its ability to create a more sustainable, efficient, and personalized living environment.

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The Future of IoT in Real Estate: Why Buyers are Making the Shift

The growing popularity of IoT in real estate can also be attributed to the increasing importance of sustainability in the housing market. With more buyers prioritizing eco-friendly homes, IoT-enabled houses are becoming the go-to option for those who want to reduce their carbon footprint and save money on energy bills. As homebuyers place more value on sustainability, IoT homes are emerging as the standard in many premium housing projects, particularly in cities like Jaipur.

In the coming years, the demand for smart homes is expected to increase, as more buyers recognize the long-term benefits of IoT. Whether it&#;s the ability to control energy usage, the convenience of automation, or the enhanced security features, IoT is reshaping the future of real estate. Builders in Jaipur and other metropolitan areas are already capitalizing on this trend, incorporating IoT technology into their projects to meet the needs of modern homebuyers.

Shubhashish Prakash: A Model of Luxury Living with IoT Integration

In today&#;s fast-paced world, luxury living is evolving, driven by the increasing demand for convenience, efficiency, and advanced technology. Shubhashish Prakash is setting a new standard for upscale living by integrating Internet of Things (IoT) technology into every corner of its design. This blend of luxury and smart technology ensures that residents experience not just a beautiful home, but a home that works for them, effortlessly managing their needs and offering unmatched comfort.

Luxury Living with Smart Technology

Shubhashish Prakash offers more than just elegant architecture and high-end finishes; it presents a lifestyle where luxury meets technology. The homes at Shubhashish Prakash are designed with modern living in mind, integrating the latest IoT features to enhance the residents' experience. These homes are not just about having state-of-the-art appliances; they are built to provide a seamless, intelligent, and responsive living environment. From smart thermostats to voice-controlled lighting, every aspect of the home is optimized to deliver both convenience and elegance.

Seamless Control of Your Home, Anytime, Anywhere

One of the standout features of Shubhashish Prakash is the ability to control your home remotely. Imagine arriving home after a long day and stepping into a perfectly cooled living room, thanks to your AC being turned on an hour before you arrive. With IoT-enabled homes, this is just the beginning. Whether you&#;re on vacation or stuck at work, you can control your appliances from anywhere. Forgot to turn off the oven or the lights? No worries&#;you can do it remotely. This level of control gives you peace of mind, knowing that your home is as energy-efficient as it is secure, no matter where you are.

Energy Management and Efficiency at Shubhashish Prakash

At Shubhashish Prakash, energy efficiency is more than just a buzzword; it's a cornerstone of the living experience. Thanks to IoT integration, the home&#;s energy consumption is optimized in real time. Automated systems adjust energy use based on your needs, ensuring that no energy is wasted. This not only helps in reducing utility bills but also contributes to a more sustainable way of living. The technology is smart enough to manage when to heat or cool rooms, adjust lighting, and even manage water usage&#;all with the aim of maximizing efficiency while keeping the home comfortable and cost-effective.

Enhanced Security and Safety Features at Shubhashish Prakash

Safety is paramount at Shubhashish Prakash, and the 7-tier security system stands as a testament to that commitment. From biometric entry to round-the-clock surveillance, every measure is in place to ensure that residents feel secure. IoT technology adds an extra layer of security with smart cameras, motion sensors, and smart door locks. These devices can be controlled remotely, giving residents the ability to monitor their home from anywhere. Whether it&#;s checking the front door for deliveries or ensuring all windows are securely locked, IoT makes it possible to maintain control at all times, adding both safety and peace of mind.

Smart Living, Luxury Amenities, and Convenience

Living at Shubhashish Prakash means enjoying the perfect combination of technology and luxury. The integration of IoT enables homeowners to automate everyday tasks, such as adjusting the room temperature before you wake up, setting up schedules for lights to turn on and off, or even managing the blinds to optimize natural light. These conveniences not only make life easier but also make it more efficient, allowing residents to focus on what truly matters. With IoT-enabled luxury homes, every part of the living experience is tailored to fit individual preferences, making life smoother and more enjoyable.

Conclusion: The Future of Smart Homes in Real Estate

As the real estate market continues to evolve, the demand for IoT-enabled homes is only going to increase. These smart homes offer unparalleled benefits&#;ranging from energy savings to enhanced security and everyday convenience. Shubhashish Prakash stands at the forefront of this change, offering homes that are not only luxurious but also intelligent, secure, and energy-efficient. For homebuyers in Jaipur looking for flats for sale that embody the future of smart living, Shubhashish Prakash is an opportunity you don&#;t want to miss. By investing in an IoT-enabled home here, you&#;re not just purchasing a property; you&#;re securing a lifestyle that is more sustainable, convenient, and luxurious than ever before.

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