Recently we learned Southern California Gas planned to deploy millions of smart meters over its service territory in the coming years. They definitely aren’t the only utility counting in the millions when it comes to smart meters these days though; Oncor Electric in Texas is also playing the seven digit game, announcing recently they’ve now placed over 1 million meters with customers.
Oncor, which began its smart meter program in 2008, expects to have more than 3 million meters installed by 2012 throughout its service area. The company said that is meters “read energy use in 15-minute intervals and transmit the information to Oncor through a secure communications network” and that they can “communicate with in-home energy monitors or other home energy management devices.” Customers can see online the data their smart meters are capturing in the form of access to daily and cumulative energy costs, carbon footprint impact and prices per kilowatt hour.
It is believed by Oncor that if all of its customers adjusted their electricity usage because of readily available consumption information, they would “potentially save a total of up to $250 million annually and minimize the need for up to a dozen new power plants over the next decade.”
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