Hm, if you weren't planning on getting the spyders, it seems like an overpriced
Aeotec. I also saw this thing called
Sense, which says it can discern different items based upon their usage.
I went with a full suite of Spyders on my install, because I am a nerd The Aeotec is really nice for basic monitoring - works with IRIS, STv2, Vera, etc. As far as I can tell, Sense is complete junk - great in theory, but after watching a ton of Youtube videos, I wasn't sold on it. There are some others out there as well, but the TED system was pretty straightforward...mains & circuits, onboard 10-year recorder, built-in web interface, free online portal, exportable data, standalone system (no hub required), etc.
An energy monitor is kind of like a smarthome hub...it's nice to have, but not essential. You already get your power bill from your local power company, so you know what you're using overall & what your spending is. You can monitor the mains cheaper with something like an Aeotec unit. Having the circuits monitored gives you more detailed information, which can give you the choice of turning devices off (say, for vampire draw) or replacing them completely to save money over time. So it's not like you get a
ton of value out of them, they're a bit more for geeking out on monitoring than anything.
I primarily got mine to see what my usage & spikes were for buying a whole-house generator. We have more power issues where I live now than any other place that I've lived, and when our power goes down from a storm or whatever, we are usually down for at least a week. My local installer generically quoted me $16k installed for a whole-house generator, which sounded absolutely
nuts to me, so I opted to pick up a TED rig to see what I really use. Over the last couple of years, I have replaced literally every major appliance as they have broken (dishwasher, hot water heater, A/C, furnace, you name it...everything was pretty ancient, some stuff dating back to the 80's, so it was a big change to go to energy-efficient stuff!), as well as upgraded to flat-screen LED TV's, LED bulbs, a basic smarthouse system (Wink), etc., and I've been very curious to see what the energy requirements of the whole place is throughout the course of a full day.
So far I'm averaging about 800 to 1000 watts normally (fridge, 2 deep freezers, electric hot water heater, etc.); it's fun seeing all of the spikes from turning on the heat or the A/C, the oven, etc. Turning on my Instant Pot, for example, shows a spike of 1000 watts as soon as it starts to pressurize. Before all I had was a Kill-a-watt, so I couldn't effectively measure everything on an ongoing basis or do any kind of historical data recording. So part of my project is to see what my house is using with modern equipment like Energy Star appliances & LED lighting, and part of it is to figure out what I'll need for solar & batteries in the future if I ever am able to build a custom home. We'll be wiring up my buddy's house next, which has mini-split ductless HVAC & a 240V EV charger; I'm really curious to see what his numbers are as well. When combined with things like ICF blocks, low-E windows, etc., you can build a pretty low-energy house...work in some Tesla solar shingles & batteries into your mortgage & you could be cruising by with a zero-dollar electricity bill if you play your cards right!