28 Jun '11, 12pm

What Google's Pulling the Plug on PowerMeter Means for the Market

What Google's Pulling the Plug on PowerMeter Means for the Market

A slew of tech companies entered the home energy management business in recent years with products aimed at helping consumers manage and reduce their energy use. The market is apparently a tough nut to crack, causing one of the industry's most well-known players to walk away. Google will retire its PowerMeter on September 16, two-and-a-half years after its launch , the company said last week . Google's announcement comes just a few months after Microsoft revealed that slow adoption of its own home energy management product has led the company to shift its efforts to commercial buildings. "We're pleased that PowerMeter has helped demonstrate the importance of this access and created something of a model," Google's Energy Czar, Bill Wiehl, said on the official Google blog last Friday. "However, our efforts have not scaled as quickly as we would like, so we are retiring the s...

Full article: http://www.greenbiz.com/news/2011/06/28/what-googles-pull...

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