03. February 2010 · Comments Off on Will Consumers Get Smart with Smart Meters? |Triple Pundit · Categories: News · Tags: ,

Smart metering, a key element of the so-called Smart Grid, has been touted as a great bright hope that will enable residential electric customers to cut their usage, thereby reducing greenhouse gases as well as their monthly bills. By providing immediate feedback to customers as to how much power they are using, what their annual bill is projected to be and how their usage compares to that of their neighbors, it is hoped that the meters will motivate ratepayers to adjust their behavior and their electronics so as to reduce overall load on the system.

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