Details will vary based on the technology but an example is that you will be able to see online usage reports as recent as the previous day. Residential customers will see usage in hourly increments; business customers will see usage in 15-minute increments.
I Want To Be Empowered
Smart Meters are letting people take control of their energy use - and energy bills - to a new level. It doesn't matter if you live in a studio apartment or 30-room mansion. By tracking when and how you use electricity at home, Smart Meters help you identify ways you can waste less energy and that translates into more money in your bank account and a cleaner planet.
Learn more about how Smart Grid and Smart Meters are helping guarantee America's future by getting energy usage under control, today.
- Enables easy-to-use tools like simple online displays of energy use and prices and set-and-forget home energy management tools
- Facilitates broad-scale electric vehicle charging so that reliable, low-cost ways to recharge it anytime, anywhere exist
- Will generate tens of thousands of Smart Grid related jobs over the next decade
- Real-time pricing information helped consumers reduce their electricity costs 10% on average and their peak consumption by 15%
- How is the smart meter information transmitted?
- What are the benefits of the smart grid?
- Will I be able to read my Smart Meter?
- Can I purchase and install or remove my own meter?
- How much progress has the smart grid made in the U.S.? How many smart meters have been installed?
- Consumers discuss their in-home energy monitors
- Will smart meters increase my energy bill?
A map of smart meter installations by state provided by the Institute for Electric Efficiency illustrates progress. As of May 2012, 36 million smart meters have been installed across the country. By 2015, approximately 65 million smart meters are expected to be installed—that’s more than half of all U.S. households.
Smart meters are tested for accuracy and their primary function is measuring power usage. Similar to your old meter, smart meters will measure the energy that is used by residents of your home. The meter itself cannot and will not increase your bills. Your bills could actually be lower because smart meters and smart grid technology will provide you with personalized information and tools to decrease your energy usage. Old analog meters can stick or run ‘slow’ resulting in inaccurate bills. In cases like this, the smart meter will now provide an accurate reading of your energy usage.