3. Other alternatives
There are also devices that help you directly monitor your electricity consumption. There are also gadgets that can be installed in the electrical distribution box. IIT Bombay and Just Labs have jointly developed a gadget called Ohm Assistant. Ohm Assistant is a live energy monitoring device for homes. But, it has to be installed by an electrician. This device is called the Ohm Pod.
It takes about 30 minutes to install it in the electrical distribution box at home. Once installed, you can view electricity consumption details on your smartphone via WiFi. The Ohm Assistant app for this can be used on both Android and iOS.