Registered: Jun 2011
Posted July 20th, 2011 02:09 AM IP
Six Reasons We Need Smart Energy Meters
Why are so many communities around the globe making it a priority to replace their old electricity meters with newer, smarter ones? Why we need to get clear information of how much energy consumption each day? And why we need to monitor and control energy resource effectively? There are plenty of good reasons:
Because energy is a finite resource.
Whether your electricity comes from coal power or nuclear power, wind or solar, no energy source can be ramped up without limits to meet the needs of an increasingly large, and increasingly middle-class (that is, energy-hungry) world population.
Because we can benefit a lot from smart energy meters
A recently concluded large-scale, year-long trial of smart meters in Ireland shows there¡¯s a measurable return on investment a smart energy meter, both in terms of energy saved and carbon emissions reduced. Smart meters will show where you are making progress towards energy-saving targets and where you could make further improvements and cost-effective ways to lower your energy bills.
Because they might pay off for you.
With more places adopting feed-in tariffs ¡ª financial incentive for small-scale renewable ¡ª homeowners, small businesses, schools and other organizations could actually earn money for selling their wind- or solar-generated power back to the grid. Who here wants to sell their energy without knowing exactly how much they¡¯re producing?
Because the grid needs all the smarts it can get.
In most countries, US in particular, much of the energy infrastructure is decades old, and starting to replace. Power failures on the grid are rising in both number and length, and they¡¯re costing the economy billions. So, there is a need to install smart meters to monitor energy consumption and effective management.
Where there's a will there's a way.