Posts filed under ‘Utility benefits’

Look beyond meter-to-cash for smart metering benefits

Meter-to-cash (M2C) is one of the most common business justifications for deploying smart meters and meter data management (MDM) platforms. But MDM is much more than just M2C. MDM can comprise several strategies that help utilities increase revenues and reduce costs, not just through the billing system.

Full post: Meter-to-cash: What it is, and why it’s only the starting point for smart meter benefits

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November 23, 2013 at 3:55 pm

Smart grid case studies show ROI, other benefits

What kind of return are utilities getting on their smart grid investments? A recent National Electrical Manufacturers Association report on the return on investment for the smart grid discussed a variety of consumer and utility company benefits, and highlighted some major projects….

NEMA: Smart grid case studies show ROI, other benefits

July 16, 2012 at 8:32 pm

Outage data tops list of smart meter benefits to utilities

Keeping the lights on is the most important thing that utilities do — and smart meters are becoming a key tool for making sure the lights stay on. Each year, Capgemini and Platts surveys electric and gas utility executives in the U.S. and Canada for their annual Utilities Executive Study. This year, these executives indicated — by a small margin — that the greatest benefit smart meters offer utilities is that it enhances their ability to manage outages…

Full post: Outage data tops utility executives’ smart meter benefit list

June 23, 2011 at 8:10 am

What types of data do residential smart meters typically collect?

Recently a regulatory colleague asked me whether residential smart meters collect any data beyond detailed electricity consumption data (which typically is recorded every 15 minutes).

There are some lesser-known ways in which advanced meters are smart. Here are three additional important types of data that smart meters gather…

Full story: Data and residential smart meters: What is typically collected?

April 21, 2011 at 10:32 pm

Swedish utility Vattenfall identifies more smart meter benefits

Smart meters help utilities as well as consumers — by making operations more efficient, enabling dynamic pricing and automated control to reduce peak demand, supporting the growth of renewable resources and electric vehicles, and more.

The Swedish utility Vattenfall (one of Europe’s leading energy suppliers) has identified some additional ways that smart meters could improve their operations and reduce operating costs…

Full story: Swedish utility Vattenfall identifies more smart meter benefits

 

April 7, 2011 at 2:11 pm

Spain reaffirms focus on smart energy demand to support renewables, electric vehicles

Last week Spain’s power grid operator, Red Electrica de Espana (REE), announced its strategic plan for 2011-2015. In 2010, over 35% of the electricity used in Spain came from renewable resources — mostly from wind energy. Now, one of REE’s main challenges is to integrate even more renewables into the system.

REE’s commitment to smart energy demand is one key to making Spain’s electricity system work…

Full story: Spain reaffirms focus on smart energy demand to support renewables, electric vehicles

March 2, 2011 at 10:18 pm

Consumer Benefits from Smart Meters

Reporters and regulators often ask me, “How will consumers benefit from smart meters?” Fortunately, the US consumer value proposition for smart meters has been clearly developed by utilities and regulators over the past decade.

Smart meters offer four main types of savings. Three of these primarily benefit consumers…

Full story: Smart meters: How consumers will benefit

August 10, 2010 at 9:40 pm

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