What's unique about Watts is that a budget is calculated for expected spending in the quarter. Which allows you to adjust your consumption and hopefully avoid using more energy than expected. In this example of Energy Road 12, Watts has analyzed that the family here will spend approx. DKK 1,565 in the quarter. They currently spend 9% under budget – which is why they are in green.
Green: your consumption seems to be lower than the budget.
Yellow: your consumption seems to exceed the budget by 0 - 30%
Red: your consumption seems to exceed the budget by more than 30%
Watts continuously assesses what your expected quarterly spend will be in relation to the budget. The assessment is based on your current consumption in the quarter as well as weather impacts.
Watts has a special messaging service for people who want to avoid their consumption increasing without being aware of it. If you have registered with Watts and added notifications, then Watts will send you a message if your consumption exceeds the value you have set.
You can choose to be notified as soon as you spend even 1% more than expected, but you can also set the limit a little higher. It's entirely up to you. You can also easily change your settings in Watts at any time. This way, Watts becomes your personal energy assistant.
Holiday home owners can also benefit from this messaging service. We have examples of people who have discovered burglaries because the heating or electricity consumption has suddenly increased during a period when the house was otherwise empty!
Your budget in Watts is also called your expected consumption. When you regularly keep an eye on your actual consumption compared to your expected consumption, you can step in and change your behaviour in time. We call this intelligent advice.
Watts uses advanced technology such as machine learning algorithms to keep an eye on how your energy consumption is affected by, for example, outdoor temperatures, time of day and different consumption patterns. To calculate your budget as accurately as possible, Watts analyses your data for the last 12 months. In this way, the app can compare previous consumption and calculate what your budget for the current year will look like.
The longer you have had Watts, the more data the app has, so over time it’s also easier for the app to predict a more accurate budget. However, it is important to mention that Watts does not know your electricity or heating price, and therefore you cannot 100% compare your bills from your energy supplier with the figures that Watts shows.
Your electricity price is made up of several items, and we think you should stop thinking about that. So we've made it easy for you. On our graph of electricity prices for electricity from Watts, you can see the total price per kWh per hour. That is, the price includes the spot price without surcharges, the cost of transmission to your local electricity company and charges to the state.
You can benefit from moving your consumption to the hours when the electricity is cheapest and perhaps even greenest for the given day.
Read more: How much does a kWh cost?
In Watts, you can see how the electricity is being produced right now. It is very rare that 100% of your electricity is produced by energy sources with a CO2 emission of zero. But Watts marks in green when in the day there will be the lowest CO2 emissions per kWh. It’s easy for you to see when you can, for example, start the washing machine and utilise green power. We call this climate-friendly power zones.
The bars on the Power Zones page show whether CO2 emissions are above or below the daily average.
Greenpower zone: CO2 emissions are below the day´s average.
Yellow power zone: CO2 emissions are right on the day´s average.
Black power zone: CO2 emissions are above the day´s average
Watts Smart Control helps you make your home smart while thinking about the climate. You can do this by linking washing machines or light bulbs with built-in smart technology to information about when power is being generated by wind turbines or solar cells, for example.
If theCO2 level measured in grams per kWh is low, you can start your washing machine automatically, if it can be connected to WiFi. The solution is called Watts Smart Control, and with it you can, for example, choose to have your washing machine do the laundry at the time of day whenthe carbon footprint is lowest, and thus have both clean clothes and a clean conscience. Watts has partnered with the platform IFTTT (If this then that), which specialises in connecting smart devices in the home, so you can start using smart WiFi products in your home based on when the electricity has a lowcarbon footprint per kWh.
Everyone can use intelligent control in Watts – regardless of where you buy your energy.
Our energy assistant does not only help you with your electricity consumption. You can also connect, for example, your heating and water consumption to the assistant so that you get a comprehensive overview and complete control of your budget.
The app is open to all electricity consumers in Denmark, regardless of where you buy your electricity. You can create a profile and track your electricity consumption down to the hour.
If you are lucky enough to have your district heating and water supply connected to Watts, then you can also track your water and heating consumption in the app. Alternatively, you can read your water and heating meters regularly.
Read more about tracking heat consumption
Customers from Aalborg Utility can now track their water consumption. Read more
You can compare your own consumption with others who have a home similar to yours.
Watts groups all registered homes by:
type of dwelling/ size of dwelling in m2/ number of dwelling occupants/ primary heating form/ secondary heating form (perhaps in the form of a wood-burning stove or the like)
Watts can - compared to other services - provide a very accurate comparison for other dwellings, as the comparison is based on current and actual data. Watts has a small challenge with comparing holiday homes, as the group is currently relatively small. However, this will certainly change so that Watts can compare all housing types.
Watts Live is a smart card that gives you an instant insight into your power consumption by reading the power consumption from your electricity meter every 5 seconds in live mode and sending the data to the Watts Energy Assistant app.
With Watts Live in hand, you can quickly find out which devices in your home are using a lot of power by seeing how consumption increases seconds after the device is switched on.
You can see how much electricity you have supplied to the grid in the given month measured in kWh. You can also see the net exchange in kWh. The net exchange is the statement that shows how much you have delivered to the grid, minus what you have consumed from the grid.
Watts does not know what your system has produced, nor does Watts know your actual consumption, because your simultaneous consumption and production are offset by each other before they ‘reach’ the meter. The graph shows how much electricity you have supplied to the grid for each hour.
The graph for solar cells shows both consumption and supply to the grid in a very clear and simple way. The green bar on the graph shows consumption and the yellow bar shows delivery to the grid.