If you have a smart meter, the Ontario Green Button initiative will help you track your electricity usage and save energy.

The initiative will create a standard process to collect energy consumption data from smart meters, and adjust them remotely from a smart phone.

Software developers would then be able to take that data and create online or mobile applications, which homeowners could use anywhere with an Internet connection.

It's estimated that software developers will be able to start making apps in four to five months.

Smart meters are currently used by 4.7 million homes and businesses in Ontario.