Knitt Labs is a Toronto-based tech start-up redefining the way consumers use and manage electricity with a patent pending Internet of Things (IoT) hardware and software platform called Knitt. Knitt tracks, measures, monitors and controls electricity consumption at an outlet and switch level. Knitt’s hardware is Wi-Fi enabled and can be used as an outlet of any kind, a switch of any kind, a modular system and power bar, a meter and even at the breaker level. Knitt’s software is accessed through the Knitt mobile and web app. This is where the electricity consumption data can be viewed historically and in real-time. The software also enables households and businesses to remotely control, schedule and set smart rules for when things turn on or off.