As many of you know, the IoTaWatt grew out of an open source hobby project. I built it because nothing was available to monitor a number of circuits and manage the data in a way that I could control. As interest grew in the forum posts of the time, I was encouraged to make the hardware available and as it happened there were local resources available to make that happen. Fast forward five years and many thousands of units have shipped worldwide to more than 80 countries with various power systems.
Nevertheless, the effort has never been geared to large scale commercialization and I’ve never advertised or sold through the major Emarketing powerhouses. The unit was and still is geared toward a more esoteric technical user.
As a one-man effort, basically out of my basement, the business has become less of a technological challenge and more of a business, manufacturing and logistics job. I spend all of my time now dealing with sales, shipping, support, manufacturing and supply chain issues. Basically its no longer a hobby but rather a tedious job.
My initial decision to manufacture the unit in the USA puts IoTaWatt at a disadvantage relative to the well financed alternatives manufactured in Asia, no doubt with logistics in place to minimize the 25% China import tariffs put in place several years ago. Bottom line is that its no longer worth the effort.
With recent cost increases in all aspects of production and operations, I’ve decided to discontinue the effort. I plan to continue to offer add-on CTs, keep up with support on the forum, provide warranty service and generally support the installed community as needed. It’s not a big job as the things just keep on tickin’ like a Timex watch.
For those who have built their own or plan to do so in the future, the design and firmware are readily available on Github and I’m available for questions. I plan to shift gears, go back to hobby mode and finish the ESP32 unit for my own use. I’ll publish the firmware and schematics when I think it’s close to useful.
In closing I’d like to thank all the wonderful folks that I have worked with to both develop and deploy the IoTaWatt and hope to hear from you on the forum should you need any help with your unit.
Even with the (well managed) SD card issue in my unlucky Nov’22 order, I’m SO happy I have this unit. It’s a huge improvement over the Arduino cobbling our UofA students did for my experimental garage heating system in 2017. Totally understand the loss of passion, or burnout. Life is too short for that!
Now… I’m retired, and this is an important tool for the “electrify everything” movement…a huge accomplishment… I might like to participate in a brainstorm of how this can keep going, either this or a “new improved” one.
Thanks Bob for a great product and great support. This device has opened up my eyes to the world of IOT and do-it-yourself home automation projects. Since getting this I’ve explored microcontrollers for small home projects. I definitely hope to take a look at your github plans to see if I can put together one of these devices in the future.
And kudos for being able to know when to walk away and get back to being able to do what you truly enjoy.
Wow. I just literally bought my unit, and so I am sad to see that this happened within two weeks of my purchase. However, it seems that the forum is super valuable, and the technology is pretty steady, so hopefully I will not regret.
I bought mine from there a couple of months ago!
I’m new to the smart home / energy monitoring game, had to admit, took me a while to decide between the iotawatt and the hacked Emporia Vue 2
I feel your pain RE the expense / business case, you have a unique product here which is only just being caught up to by the competition, but it’ll be a few years yet before something equivalent will appear. it’s a shame consumers primarily vote with their $$ and really overlook the overall value proposition your unit offers.
Joined the community just to say thanks for all your hard work.
I had just about given up hope when i came across something called iotawatt somewhere on reddit. ha
Just so happened that it was exactly what i was looking for.
The perfect unit for someone who likes to kid themselves into thinking they are technically adept.
It’s been running like a champ since day one and I am so glad i got one just in time!
I had the thought this week “That SD card issue must have been really hard, a thread should be started thanking @overeasy as keeping this going can’t be easy.” Well, there it goes.
Thank you so much for such a high quality product and going above and beyond to personally support all of us in this forum. Doing the right thing is never easy, hopefully you’ve learned as much as we’ve gained from your contributions to the self-automation scene. Best of luck to you!