Trends

Smart metering

Smart meters record electricity consumption in intervals of one hour or less and communicate this data to the utility company. This allows utilities to introduce dynamic pricing based on the season and the time of day and encourages citizens of smart cities to reduce their energy consumption, especially when demand is at peak level. Smart meters also provide data that helps utilities better monitor the health of the electric grid, restore service faster during outages, communicate information to customers such as high usage alerts, and integrate distributed energy resources.

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