Microsoft Unveils Energy-Use Software Hohm

Microsoft Corp. said Tuesday it plans to launch new Internet software to help consumers gauge how much electricity they use in order to help them to better track how much they are spending.

The online Hohm application relies on an advanced analytics engine, developed by the Lawrence Berkeley National Laboratory and the U.S. Department of Energy, to generate money-saving ideas and other feedback based on the information consumers provide.

"We believe technology will play a pivotal role in tackling the global energy issues we currently face," said Craig Mundie, chief research and strategy officer at Microsoft, in a statement.

"Microsoft Hohm demonstrates how a combination of advanced software and Internet-based services can help people track, understand, and manage their personal energy usage," he added.

To begin using Homh, users create an online profile. Homh is then able to assess energy consumption and provide customized solutions by asking users questions about their home, such as when it was built and the square footage.

Read more online at Microsoft.com

Watch a video clip below of Craig Mundie on Homn: