Monday, July 21, 2008

Smart Meters

From the Hydro One Website:

Five Smart Things Your New Smart Meter Will Do in the Future:

1. Measure how much energy you use and when you use it — providing you with the opportunity to take action to better manage your hydro bill by:
* Lowering your electricity use during peak (higher cost) periods; and
* Shifting your electricity use to off-peak (lower cost) periods.

2. Smart metering systems will store your electricity use information — allowing you to review your electricity use information the next day through the internet or telephone.

3. No more estimated bills — your smart meter will automatically and regularly send your readings via wireless technology.

4. Help us to better manage power outages

5. Reduced need to build power generation facilities — as all Ontarians shift energy use away from peak periods.

We now have a smart meter.... time will tell as to what this will really mean for us.

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