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Smart utility energia5/25/2023 In other jurisdictions, their use is up to the property owner. In the case of municipal devices, such as natural gas outlets or electricity connections, many jurisdictions have passed laws and regulations that necessitate smart meter installations and usage. In both corporate and domestic settings, your ability to install or reject a smart meter depends on who owns the facility and what system is being controlled. They don’t require Wi-Fi, since they distribute data and receive updates through a secure network run by the utility provider. As a basic method of tracking energy use, a meter would work just as well in an office as it would in a private home. Smart meters aren’t smart enough to differentiate where they are or which type of client they’re serving. Are there any differences between business and domestic smart meters? ![]() For example, the Internet of Things (IoT) has taken advantage of smart metering to expand a network of interconnected devices producing a massive amount of data. Though smart metering is relatively new, there are already many applications for the technology. Smart metering can give both utility providers and customers better ideas of how usage affects costs, and help business owners determine new energy-efficient strategies to save money. Many electric, gas, water and other utility companies have embraced smart metering to track usage across their customer bases to better determine costs and infrastructure needs. An internet or wireless connection relays the data to a console, where a business owner or administrator can see how that data breaks down. In addition to measuring usage, smart meters record a variety of data points on consumption, including when a resource is being used, how much is being used at a time, and where it’s being directed. Smart metering provides a way for businesses to keep track of how much energy they’re using so they can adjust their usage if necessary. Smart meters have been around since the mid-1970s – they were developed from the phone line identification system known as caller ID. ![]() Nearly two-thirds of electricity meters now have smart capabilities, according to a Guidehouse Insights report. Energy Information Administration suggests almost 12 million commercial premises across America have a form of advanced metering infrastructure, and more than 90 million residential homes are similarly equipped. The meter can also be controlled remotely. The “smart” feature of the meter lets it control the flow of the resource being used, such as natural gas, water or electricity. For example, a smart meter connected to a natural gas line tracks the number of therms consumed. What is a smart meter, and how does it work?Ī smart meter tracks the utility energy consumption that occurs on the system or outlet it is attached to. Once you learn what a smart meter is and how it can help save you or your business money, you might be surprised this technology hasn’t been more widely adopted. After California-based Pacific Gas & Electric became the first American energy company to roll out smart meters in 2006, other energy companies have followed suit. ![]() The adoption of smart meters has skyrocketed in recent years as households and businesses increasingly attempt to rein in their energy usage.
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