Despite new economic twist, Spain starts installing smart meters

June 28, 2010 at 6:08 am

On June 14, following up on earlier promises by its CEO, Endesa (a leading utility in Spain) installed its first smart meter in Malaga. This is first of 150,000 meters to be installed in 2010.

This news came just one day after the announcement of a new Spanish regulation: As of July 1, electric power distributors can no longer charge customers rent for old meters ($0.57 cents per month). However, distributors are allowed to charge rent for the new smart meters ($0.90 per month).

This may sound like good news for the future of smart meters in Spain. But there could be a catch…


Full story by eMeter’s Alicia Carrasco: Spain starts installing smart meters, despite new economic wrinkle

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Entry filed under: consumer benefits, economy, Europe, Government, Regulation, Smart Grid, Smart Meters, Utilities. Tags: .

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