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maryam@impact
maryam@impact
2/28/2017 7:04:53 PM
User Rank
IoT Visionary
Re: cost savings
I am sure there would be a measurable ROI eventually it's the question of budget and investment for the utility companies.

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ms.akkineni
ms.akkineni
2/28/2017 12:06:12 AM
User Rank
IoT Visionary
Re: cost savings
@maryam:

If we think about all upfront infrastructure cost to replace with smart meters, that would be huge. But if we think about savings in long run we may hit a balance in future.

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ms.akkineni
ms.akkineni
2/28/2017 12:02:57 AM
User Rank
IoT Visionary
British Gas
in fact, British Gas aims to have smart meters in everyone's homes by 2020.....

Wow, this target for British gas seems to be pretty aggressive. Need to wait and see how this will turn out by that time.

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maryam@impact
maryam@impact
2/27/2017 12:56:34 AM
User Rank
IoT Visionary
Re: cost savings
Absolutely but it will take a greater investment in infrastructure to get rid of all those meters . The cost savings may long-term be great but in the short-term cost maybe significant .

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dcawrey
dcawrey
2/26/2017 2:40:15 PM
User Rank
IoT Visionary
Re: cost savings
@maryam@impact They are still everywhere! I'm surprised by this. Yes, electrical systems are complex. And utilities are slow to change. That being said, I think we're seeing that change because energy companies see the value smart meters can provide. 

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maryam@impact
maryam@impact
2/21/2017 5:54:46 PM
User Rank
IoT Visionary
Re: cost savings
I still have one of those relics on my house and someone does still read it!  Smart energy could help businesses managing large data centers and consumers alike it could also help in the planning stages to assist businesses in planning locations that represent lower energy costs during their peak operating times..

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Ariella
Ariella
2/20/2017 3:11:47 PM
User Rank
IoT Visionary
Re: cost savings
@mhhf1ve Yes, I'd think that some areas are apt to embrace it sooner than others. I'd think the US would be one of the later places, actually.

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mhhf1ve
mhhf1ve
2/20/2017 1:28:57 PM
User Rank
IoT Visionary
Re: cost savings
Well, given that many utilities operate under regulated pricing rules, it might be difficult for differential pricing to be adopted everywhere or that quickly.

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Ariella
Ariella
2/20/2017 11:56:40 AM
User Rank
IoT Visionary
Re: cost savings
@mhhf1ve I did a quick search on differential pricing and found quite a number of studies on the subject. In fact, many are region-specific, determining the possible environmental benefits that could result. So I'd be surprised if no one actually takes the next step and implements it. 

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dcawrey
dcawrey
2/19/2017 2:36:14 PM
User Rank
IoT Visionary
Re: cost savings
@afwriter Very true. Can you imagine what it must cost to repair mechanical electric meters? It must be a major pain. 

Instead, utilities will be able to better hide these meters and protect them. The mechanical ones stick out like a sore thumb, a relic to that days before the internet and someone had to go around and read the data. 

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