Owning Your Energy Consumption Different people respond to different things. Using smart meter data and figuring out what exactly will register with a specific audience is the key to empowering the end user.
Mooney flags a American Economic Review study that details the impact of in-home displays with real-time energy information, as well as dynamic pricing. Customers are eager to align their consumption habits with their behaviors, when powered with the knowledge of how to do so.
The industry has the tools it needs to drive change. Real-time communication of smart meter data, personalization and incentivization for the customer will help kick start the next phase of energy awareness and further the educational process of making a smarter energy user.
The so-called Energy Revolution is near! Skip to content.
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Need a better way to start your day? A smart meter is a type of gas and electricity meter that can digitally send meter readings to your energy supplier for more accurate energy bills. Smart meters which have lost some smart functionality will be prioritised. It tracks which electrical appliances you are using in your kitchen, how long you use your computer, when you enter the bathroom, when you are entering and leaving your home, when your security system is armed, when your garage door opens and much more. Using digital technology, the meters give consumers and suppliers accurate information on energy usage throughout the day.