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Jan 062011

The modlet is expected to pay for itself through energy savings.

From Green Right Now Reports

ThinkEco, Inc. is debuting the first wirelessly communicating intelligent outlet at the Consumer Electronics Show this week in Las Vegas.  The “modlet” — short for modern outlet — is designed to reduce energy waste from plugged-in appliances and other consumer electronics.

New York City-based ThinkEco‘s modlet will be available for home use this spring, priced at $50 for a starter kit that includes a two-plug modlet and a USB receiver.

The company says its modlet is expected to pay for itself through energy savings, on average, within six to nine months. Power consumption is controlled through the modlet’s web-based interface, which allows users to see where they are wasting energy, and empowers them to take immediate action by accepting modlet-generated savings-plan recommendations.

“There are more appliances and consumer electronics in homes today than ever before, and many draw power all the time, even if they are not being used. This wastes energy quietly and invisibly, in stark contrast to the very visible waste associated with other resources such as keeping your faucet on or idling your car,” Jun Shimada, president and CEO of ThinkEco, Inc., said in a statement

ThinkEco’s modlet was named an International CES Innovations 2011 Design and Engineering Awards Honoree.