Smart Meters: Boon for Utilities and Their Customers
The usage of data, robotics, and internet-enabled automation have revolutionized our lives. This technology also continually enhances processes and experiences, from watching TV to using cell phones to boiling water for tea. Also known as smart technology, these advancements receive the most attention when integrated with consumer goods. But, there are some industrial use cases for smart technology that are shaking up the status quo.
For utilities, smart technology as part of infrastructure benefits both the company and the customer. According to the U.S. Energy Information Administration, there were nearly 87 million smart meters installed for electric utilities alone in 2018. It’s likely that the number of installations has increased since then across multiple utility sectors, and for good reason. Let’s explore the positive impact smart meters can have on utilities and their customers. (more…)