Shasin Hamal's Blog

Recently, a Sauder BCom grad, and currently the CEO of Energy Aware Technology, Janice Cheam, talked to Sauder’s Comm 101 classes about her entrepreneurship experience.  The Power-Tab In-Home Display provides information wireless technology about one’s use of power consumption, and how much they are being charged.  This is a great product for the market because it helps reduce energy consumption by giving consumer’s information about their energy use, and allows them to save money too (something most including me love).  In my opinion, a product like this that helps reduce energy consumption is great for incurring profit because of the demand in product such as nowadays with the heated topic of excessive use of energy.  Selling Power Tabs to electric utilities in Australia, USA, and Scandinavia is a smart operational tactic as it opens up much more customers than only through BC Hydro in British Columbia, which she has already contracted with.

The Power Tab

In Ravjot Sandhu’s blog post “Energy-Aware and Smart Meters?” he mentions an interesting point of smart meter hacking that could make customer’s reluctant to purchase the Power Tab.  But then giving it a second thought, how many people will really hack your smart meters, and what incentive could they possibly be granted for such a deed?  Nonetheless, it is a threat to consider.

Reference: Sauder BCom graduate develops tool to save energy at home

The Power Tab In Home Display