53 Billion Euro in Savings Possible from Deployment of Smart Meters in the EU – If Utilities Control Your Power Usage.
The Brattle Group, a leading consultancy with a focus on the smart grid, recently issued a *report* (expiered)
stating the following:
“Quantifying and stressing the environmental benefits of dynamic tariffs, ensuring transparent and adequate financial rewards and offering customers a lower flat tariff in return for providing “automatic” demand response could help boost customer participation.”
— this means the utility must understand and directly help control your power usage for the maximum savings, for you and them. Just giving consumers pricing and usage information doesn’t provide the maximum savings and puts a management burden on them. But, will consumers trust their utility enough? Only if privacy of their data and the appliances they use at home is handled very very wisely!
