Interval billing needed to realize smart meter benefits

For any big project, details always matter, even if they look arcane. This is especially true for smart grid and smart meter rollouts. One issue that sounds obscure, but which actually is quite important, is whether to bill customers based on interval data from their energy use.

The U.K. is facing this issue right now as that nation continues to make good progress on rolling out smart meters. This includes addressing several important policy issues related to functional standards.

U.K. policymakers could choose to prohibit interval billing. However, that would be an expensive mistake — and it would significantly reduce the benefits that consumers would realize from smart meters.

Full post: Interval billing is crucial to realize smart meter benefits