E-Save BY: Prannay Jha Manish Agrawal For a greener tomorrow…

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Presentation transcript:

E-Save BY: Prannay Jha Manish Agrawal For a greener tomorrow…

Intoduction Awareness regarding electricity consumption Suggest improvements Avoid users being duped by faulty electricity bills. Convenient selection of items

Requirements A smart phone with a camera Active internet connection on the phone. Cost per unit Our software

Procedure Input cost per unit Read barcode (camera) Application searches consumption on Internet Input running hours Cost is calculated A more feasible option suggested

Case study 1kwHr=1 unit LG Crescent LWA5CR1A 1.5Ton- Price= Rs 25, watts Monthly expenditure 5/unit and 8 hours/day = 2000x8x30x5/1000=Rs 2400/Month Suggestion Hitachi Summer QC RAV518ESD 1.5Ton Price= Rs32, watts Monthly= 1.5x30x8x5= Rs 1800 Saving= Rs600/month

Additional Features Expenditure monitoring Energy saving tips Know the world Offline database saves time and data usage (updates biweekly) To incorporate efficiency analysis Smart homes

Energy Saving Tips Suggest subtle improvements Examples: -1 degree more in AC= 2% saving - Reducing brightness of Television Keep user updated on technology

Know the World Detailed expenditure patterns of people around the world Compare, learn, improve Creates awareness

Prototype is ready!!!

Marketing Selling to individual companies like LG, Samsung and Philips Outsourcing to regulatory companies like Energy Star Selling in supermarkets

Individual Companies Average company sells 10 million refrigerators a year Companies give their barcode database Yearly charge shall be levied The user shall have the app and it can be used for any of the sponsors’ item A menial fee charged to the user on a yearly basis. (Rs 40) If the company sponsors then one can have the app for free provided they show proof of buying an item (Barcode)

Regulatory Company Energy star gives star rating Can be sold along with each product Fee charged for the first item bought

Supermarkets Taking database of a supermarket like Big Bazaar Asking them to sponsor the app Can be done in all major supermarkets

Conclusion Revolutionary idea Makes it very easy for users to control electricity consumption Easy and simple to use interface Will be a major boon for retail and other industries *Credibility- Runner up at IIM-K Innoapp -Winner at Techtatva 2012