Power Savings of Smart Meters Prove Slow to Materialize
6th December 2014
Gee, I wonder why.
The end is in sight for the meter reader, who each month faithfully tramps through the flower beds or into the basement, flashlight and clipboard in hand, to record electricity use.
They are being phased out because tens of millions of new meters talk directly to the electric company. The meters can record use by the hour, changing the price as the market changes and telling the customer — or maybe even the appliances themselves — the best time to buy energy.
But this is not happening. Although the goal is to shift consumption to off-peak hours when cheaper, cleaner electricity is available, experts say it is still many years away, despite billions in federal subsidies that have helped finance the switch to the so-called smart grid.
Your tax dollars at work.