I'm curious about your TED installation. Does it require two current transformers to read your 14-50 circuit? If so, are the CT's hanging inside your panel?
Is the computer interface Mac-compatible? How far away can the computer be located from the main TED unit?
The TED web site has videos and such showing you exactly how to install it.
http://www.theenergydetective.com/videos
Yes, the CTs are inside the panel. An MTU unit comes with two transformers, one for each 120v leg/phase.
Be careful with the orientation of the CTs as outlined in video. The little red light needs to be on the power source side. They mean it.
The interface is web based so, the MAC should be fine.
The gateway unit acts as a webserver. It connects to your Ethernet network on your home router or switch. This is how your computer connects to it. It defaults to DHCP which automatically picks up an IP address from your router. The installation program that you download from the TED site basically only finds it for you so you can browse to it. You can change the settings to give it a fixed IP address. This ensures that you can always find it even if the router reboots or something. The gateway unit needs a default gateway because it reaches out to the National Weather Service site to get weather information. It also synchronizes its clock with internet based time servers (pool.ntp.org).
The MTU transmits data to the gateway unit via the electrical wiring. This is my conclusion since there is no wireless capabilities and they strongly advise you to connect the MTU power supply to the same circuit that the gateway unit will plug into. The manuals may have more info, I did not read them.
The installation was not difficult but, you have to be very careful, if you have no experience with wiring, let someone do it. If you have no idea what you are looking at, better stay safe and don't open that panel.
HTH, if you have other questions ask.