Smart appliance

Here is a look at General Electric's GeoSpring hybrid hot water heater, which the company says is more efficient than tankless hot water heaters. Similar to a ground-source heat pump, it uses a compressor and an evaporator to get heat from the outside air as well as traditional condenser coils.

This is also the first in the line of GE's "smart appliances" which will be able to communicate with smart meters to save consumers money by cutting down on peak time power use. If you look carefully, you can see a white Ethernet port, which will have a controller that will talk with a home network gateway to communicate with a utility.