WHAT 60 MILLION SMART METERS SAY

Utilities Try to Learn From Smart Meters; Vast customer data is starting to transform the ways companies operate

Rebecca Smith, September 23, 2013 (Wall Street Journal)

“Utilities have installed more than 60 million smart meters in North America in the past decade… Now they have to figure out what to do with all the information the devices are generating…It's a mind-boggling amount of data…[Traditional meters] were read 12 times a year…[S]mart meters bombard utilities with…readings every 15 minutes, or 35,000 times a year. They also alert utilities to electricity theft and dozens of other useful things…[And] information is streaming in from the grid itself, where millions of sensors and smart controllers are giving utilities deeper, more timely information on equipment performance and power flows…As utilities get their arms around the data, the implications for consumers could be significant…” click here for more

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