In all probability you will have heard talk of new smart meters being installed in homes, which have the ability to relay information back to the electrical company with regards to power consumption. Unlike the old regular meters, these new smart meters can identify power consumption in detail, and it is hoped that this may result in the average person using less electricity. Let's go ahead and take a look at what the smart meters really mean:
Unlike the old traditional meters which were only able to track the amount of energy consumed, the new smart meters will be able to measure not only how much electricity is being used, but also when it is used. It is hoped that this will allow electricity companies to set different rates according to the times when the most energy is being consumed and as such, it may help to encourage people to use electricity during off peak hours in order to take advantage of reduced rates.
Italy's dominant utility is currently serving over twenty-seven million customers with fully electronic smart meters capable of measuring and managing power, and which have a software controlled disconnect switch. They're solid state, and communicate via low voltage power lines. These systems offer more features to utilities, allowing remote changing of billing plans, the ability to detect outages and unauthorized use, and the ability to turn power on and off remotely.
With the implementation of smart meters well underway in countries such as Canada, Australia, New Zealand, Netherlands, and Scandinavia, it would appear as though it's only a matter of time before they are implemented in the United Kingdom. In America it would seem that there are currently only certain jurisdictions which are currently moving towards smart meter technology, but the trend does look set to continue, given that more and more homeowners now believe they should have the choice with regards to buying their electricity at times when the price is reduced. Likewise, many homeowners feel they should have a choice as to when they should sell excess electricity to the electricity company, should they have any excess power.
Of course for smart meters to function properly, they need to be able to communicate information to a central command, and this is without doubt the biggest problem yet encountered. However, various proposals to have been put forth with regards to this issue, some of which suggest the use of cellular networks, power line communications, and even radio.
Interestingly enough, the U.S. president has just recently called for 40 million smart meters to be installed, including 3,000 miles of transmission lines. As many have pointed out, this will be the first real upgrade to America's electrical grid in more than 40 years. Many also believe that such changes will be so significant; it could be compared to the Internet, the telephone, and the country's railroad. Of course it should be mentioned that one of the main reasons this project is being supported, is because it promises to be able to utilize electricity which has been generated from renewable resources. Additionally, it is also believed that this project will effectively reduce the need for any new power production facilities.
Considering that a smart meter can cost from 100 to $300.00 to install, it is by all accounts a significant investment, but then again, if you are able to choose when you wish to use electricity based on different prices during different times of the day, and then the savings you could make will surely make it all worthwhile. Judging from the amount of investment which has been made so far with regards to this technology, we may well see this become a reality sooner rather than later . - 29939
Unlike the old traditional meters which were only able to track the amount of energy consumed, the new smart meters will be able to measure not only how much electricity is being used, but also when it is used. It is hoped that this will allow electricity companies to set different rates according to the times when the most energy is being consumed and as such, it may help to encourage people to use electricity during off peak hours in order to take advantage of reduced rates.
Italy's dominant utility is currently serving over twenty-seven million customers with fully electronic smart meters capable of measuring and managing power, and which have a software controlled disconnect switch. They're solid state, and communicate via low voltage power lines. These systems offer more features to utilities, allowing remote changing of billing plans, the ability to detect outages and unauthorized use, and the ability to turn power on and off remotely.
With the implementation of smart meters well underway in countries such as Canada, Australia, New Zealand, Netherlands, and Scandinavia, it would appear as though it's only a matter of time before they are implemented in the United Kingdom. In America it would seem that there are currently only certain jurisdictions which are currently moving towards smart meter technology, but the trend does look set to continue, given that more and more homeowners now believe they should have the choice with regards to buying their electricity at times when the price is reduced. Likewise, many homeowners feel they should have a choice as to when they should sell excess electricity to the electricity company, should they have any excess power.
Of course for smart meters to function properly, they need to be able to communicate information to a central command, and this is without doubt the biggest problem yet encountered. However, various proposals to have been put forth with regards to this issue, some of which suggest the use of cellular networks, power line communications, and even radio.
Interestingly enough, the U.S. president has just recently called for 40 million smart meters to be installed, including 3,000 miles of transmission lines. As many have pointed out, this will be the first real upgrade to America's electrical grid in more than 40 years. Many also believe that such changes will be so significant; it could be compared to the Internet, the telephone, and the country's railroad. Of course it should be mentioned that one of the main reasons this project is being supported, is because it promises to be able to utilize electricity which has been generated from renewable resources. Additionally, it is also believed that this project will effectively reduce the need for any new power production facilities.
Considering that a smart meter can cost from 100 to $300.00 to install, it is by all accounts a significant investment, but then again, if you are able to choose when you wish to use electricity based on different prices during different times of the day, and then the savings you could make will surely make it all worthwhile. Judging from the amount of investment which has been made so far with regards to this technology, we may well see this become a reality sooner rather than later . - 29939
About the Author:
About the author: Jerry Dyess has specialized in Commercial Energy for the past 7 years. Get more information on Business Electric rates.
