Verizon Policy Blog

Jul292015

Energy Management as a Service Will Bring More Efficient Utilities


Of the approximately 147 million electrical meters installed in the United States, only slightly more than 50 million of them are “smart meters,” and even fewer are real-time meters with two-way communication.  Most utility companies’ existing technology only allows them to identify when large blocks of customers are without power and rely on customers calling in to report individual outages. That means if your power goes out after an isolated event that leaves the rest of your block unaffected, odds are the power company has no idea, and that last ice cream bar you were hiding from the kids in the back of freezer may well melt. So why don’t all utility companies invest in smart meters to bridge the gap between the consumer … Continue reading

Energy Management, Grid Wide, IoT, VES

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