Smart meters and the Magna Carta

October 8, 2010 at 5:02 pm

In the year 1215, a group of English barons forced King John to accept the Magna Carta. The Magna Carta was revolutionary; it was the first time the king agreed to something less than absolute power. As an example, King John agreed to the then-radical concept that no freeman could be punished except through the law of the land.

What’s the connection to smart meters? Today’s radical concept is that energy consumers should have the right to decide for themselves whether they would rather save money by shifting some load off-peak, or pay more and not worry about when they use energy…

Full story: The Magna Carta and smart meters

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Entry filed under: business case, consumer benefits, demand response, Regulation, Smart Meters, Utilities. Tags: , .

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