For some reason the power companies in this country are seen as an entity with some nefarious agenda by more people than they are willing to admit. This was the case long before the implementation of smart grids and when that technology was added to the mix, the flame got a little hotter. Privacy is a very important component and any violation of this privacy is going to face the wrath of any technology that violates it.
One of the biggest benefits of smart meters is you will only be billed for what you use and not an approximation between meter readings. In the past meter readings were made very rarely, maybe once a year. This generally resulted bills being higher than the actual usage by the customer.
The new smart grid technology provides options to connect your smart meter to home display units or your smartphone so you can see what you are using at all times. With this information you can control your consumption and find out your exact bill each and every month. This information can be used to implement plans and obtain services from energy suppliers to make your energy use more efficient and cost effective.
The issue with smart grids is who controls the data that is being generated by your home... Read More