A newly developed infrared camera may have the potential to save you money on your electricity bills, according to an article by The Associated Press.
The U.S. Department of Energy and the National Institutes of Health have awarded a $5 million contract to R. J. Reynolds for development of the UV-VISUAR technology, which could save consumers up to 75 percent on their electricity bills over a 10-year period, the AP reported.
The project has not yet been awarded a grant.
The U.K. company was founded in 2012 and employs approximately 250 people.
The AP reported that the company had received a $1.6 million grant from the U.N. Development Programme, which is part of the U-N Sustainable Development Goals.