Next-generation smart meters have the potential to do much more. They are powerful computers that can facilitate vital conversations between customers’ investments in clean energy and the grid. They can be the solution to making the grid cleaner, more reliable and more resilient, and empowering customers. But smart meters are not being used in this way, and thus customers are not reaping the full value of their investment. The first wave of smart meter rollouts left many regulators, elected officials and consumer advocates underwhelmed because the business cases were built on cash-register functionality and basic outage management. While these benefits may barely satisfy a cost-benefit analysis, alone they reflect an outdated approach to utilizing advanced metering infrastructure (AMI) that does not capture the full potential of modern capabilities. Every aspect of our economy has been transformed by the digital revolution, and yet we’re not leveraging the digital capabilities of every meter.
GTM 7th Jan 2021 read more »