With the growing popularity of home energy tracking devices like Kill A Watt or Power2Save, we’re glad to see the arrival of The Energy Detective which gives us us a detailed look into a home’s energy consumption habits.

TED is a simple, yet extremely accurate, home energy monitor that allows you to see electricity usage in real-time. You no longer have to wait for the ‘electricity bill surprise’ as TED will accurately tell you what your bill is going to be long before the electric bill arrives. TED is a simple, intuitive and affordable way to monitor and manage your entire home’s energy consumption. As the marketing-speak says, think of it as your home’s speedometer.

With its two-second reaction time, TED provides immediate feedback on energy usage. For you, that means no surprises. You can see what you’re spending on electricity each second, as well as what you’ve spent so far today or so far this month.

As written in the New York Times, the Energy Detective consists of three parts: a Measuring Transmitting Unit, which taps directly into your home’s circuit breaker wiring; a pair of Current Transformers, which are clamped around the thick power cables coming into your home; and a Receiving Unit Display, which plugs into a wall outlet and displays real-time power usage in kilowatts, as well as dollars and cents.